$9,995,000
5,044 SqFt
5 Beds
•5 Full Baths, 1 Partial
Gloria Lee, Listing Office: Thomas James Real Estate Services, Inc,
Is 94025, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$2,675,000
$1,419/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$115,000(+4.5%)
Key Takeaway
Homes in 94025 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 94025 was $2,675,000 in October 2024, up 4.5% from last year, and the median price per square foot was $1,419.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $907K | $800K | -11.8% |
| 2 Bedrooms | $1.4M | $1.5M | +5.1% |
| 3 Bedrooms | $2.1M | $2.2M | +6.9% |
| 4 Bedrooms | $4.1M | $3.9M | -3.7% |
| 5+ Bedrooms | $5.8M | $5.1M | -12.1% |
Summary: 94025 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 12.1%.
Housing Supply in 94025, CA
How many homes are available in 94025, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 | 87 | +8.8% |
Summary: The 94025 real estate market had 87 homes for sale in October 2024, a 8.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 15 | 12 | -20.0% |
| 3 Bedrooms | 33 | 34 | +3.0% |
| 4 Bedrooms | 16 | 20 | +25.0% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The 94025 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94025, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 94025 in October 2024, the same as the previous month. Of the 26 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 23 Days | -11.4% |
Summary: Homes in 94025 had an average of 23 days on market in Oct 2024, down by 11.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 94025 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 94025; 78% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.