Is 94025, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94025 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 94025 has remained a Seller's Market.

Key Takeaway

94025 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94025, CA

How much do homes in 94025, CA cost?

Median Sold Price

$2,703,333

$1,429/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$145,833(+5.7%)

Key Takeaway

Homes in 94025 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 94025 was $2,703,333 in November 2024, up 5.7% from last year, and the median price per square foot was $1,429.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $907K$807.5K
-11.0%
2 $1.4M$1.5M
+4.2%
3 $2.1M$2.2M
+8.0%
4 $4.1M$4.0M
-3.7%
5+ $5.6M$5.1M
-8.9%

Summary: 94025 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 8.9%.

Median Sold Price Compared To Nearby Zip Codes

94301
+13.4%
94025
+5.7%
94303
+2.8%
94027
-0.6%

Housing Supply in 94025, CA

How many homes are available in 94025, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8568-20.0%

Summary: The 94025 real estate market had 68 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 1010
0.0%
3 3425
-26.5%
4 2016
-20.0%
5+ 1713
-23.5%

Summary: The 94025 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 26.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 23.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2725-7.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94025, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in 94025 in November 2024, down by 7.4% month-over-month. Of the 24 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.

Days on Market for 94025, CA

How long does it take to sell a home in 94025, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days15 Days-54.9%

Summary: Homes in 94025 had an average of 15 days on market in Nov 2024, down by 54.9% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94025 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 25 homes were sold in 94025; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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