Is 94030, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94030 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 94030 has remained a Seller's Market.

Key Takeaway

94030 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94030, CA

How much do homes in 94030, CA cost?

Median Sold Price

$1,932,000

$1,113/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$146,000(+8.2%)

Key Takeaway

Homes in 94030 have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in 94030 was $1,932,000 in November 2024, up 8.2% from last year, and the median price per square foot was $1,113.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $715K$797.5K
+11.5%
2 $967.5K$960K
-0.8%
3 $1.8M$1.8M
+2.8%
4 $2.1M$2.5M
+21.9%
5+ $2.5M$2.3M
-4.5%

Summary: 94030 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Zip Codes

94030
+8.2%
94010
+4.1%
94066
+2.8%

Housing Supply in 94030, CA

How many homes are available in 94030, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3326-21.2%

Summary: The 94030 real estate market had 26 homes for sale in November 2024, a 21.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 95
-44.4%
4 86
-25.0%
5+ 86
-25.0%

Summary: The 94030 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 increased by 14.3%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94030, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 94030 in November 2024, up by 25.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 94030, CA

How long does it take to sell a home in 94030, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days28 Days+25.7%

Summary: Homes in 94030 had an average of 28 days on market in Nov 2024, up by 25.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94030 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 94030; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 21 Days Ago

Newest Listings in 94030, CA

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