Is 94103, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94103 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 94103 was a Neutral Market.

Key Takeaway

94103 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 94103, CA

How much do homes in 94103, CA cost?

Median Sold Price

$820,000

$775/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$69,000(+9.2%)

Key Takeaway

Homes in 94103 have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in 94103 was $820,000 in October 2024, up 9.2% from last year, and the median price per square foot was $775.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $625K$605K
-3.2%
2 $1.0M$895K
-10.5%
3 $1.3M$1.2M
-6.5%
4 $1.1M$1.8M
+64.9%
5+ $1.3M$1.6M
+25.0%

Summary: 94103 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 64.9%, and 5+ bedroom homes increased by 25%.

Median Sold Price Compared To Nearby Zip Codes

94103
+9.2%
94108
+8.9%
94107
+7.7%
94102
-18.4%

Housing Supply in 94103, CA

How many homes are available in 94103, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9593-2.1%

Summary: The 94103 real estate market had 93 homes for sale in October 2024, a 2.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3532
-8.6%
2 4141
0.0%
3 1012
+20.0%
4 34
+33.3%
5+ 64
-33.3%

Summary: The 94103 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.6%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94103, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 94103 in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for 94103, CA

How long does it take to sell a home in 94103, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days84 Days+80.4%

Summary: Homes in 94103 had an average of 84 days on market in Oct 2024, up by 80.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 94103 has remained consistent over time.

Summary: During October 2024, 10 homes were sold in 94103; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 23 Days Ago

Newest Listings in 94103, CA

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