$5,680,000
3,230 SqFt
5 Beds
•3 Full Baths
July Win, Listing Office: Jeffrey Pang & Company, Inc.
Is 94027, 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, 94027 has remained a Seller's Market.
Key Takeaway
94027 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94027, CA
How much do homes in 94027, CA cost?
Median Sold Price
$7,550,000
$1,917/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$300,000(-3.8%)
Key Takeaway
Homes in 94027 have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in 94027 was $7,550,000 in October 2024, down 3.8% from last year, and the median price per square foot was $1,917.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $787.5K | - | N/A |
| 2 Bedrooms | $2.6M | $2.0M | -23.8% |
| 3 Bedrooms | $3.3M | $4.5M | +37.1% |
| 4 Bedrooms | $7.3M | $6.1M | -16.4% |
| 5+ Bedrooms | $9.3M | $10.1M | +8.4% |
Summary: 94027 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.8%, 3 bedroom homes increased by 37.1%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes increased by 8.4%.
Housing Supply in 94027, CA
How many homes are available in 94027, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 36 | +12.5% |
Summary: The 94027 real estate market had 36 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The 94027 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 13 | +225.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94027, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 94027 in October 2024, up by 225.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.
Days on Market for 94027, CA
How long does it take to sell a home in 94027, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 135 Days | +168.7% |
Summary: Homes in 94027 had an average of 135 days on market in Oct 2024, up by 168.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 94027 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 13 homes were sold in 94027; 31% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 62% 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. 
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. Properties may or may not be listed by the office/agent presenting the information.