$10,000 Closing Credit*
$850,000
1,055 SqFt
2 Beds
•2 Full Baths
#424083439, Mohamed S Lakdawala, Listing Office: Remax Prestigious Properties
Is 94103, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 94103 was a Seller's 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
$840,000
$775/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$89,500(+11.9%)
Key Takeaway
Homes in 94103 have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in 94103 was $840,000 in December 2024, up 11.9% from last year, and the median price per square foot was $775.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $615.5K | $675K | +9.7% |
| 2 Bedrooms | $965K | $895K | -7.3% |
| 3 Bedrooms | $1.3M | $1.1M | -13.3% |
| 4 Bedrooms | $749K | $2.4M | +223.8% |
| 5+ Bedrooms | $1.3M | $1.5M | +14.7% |
Summary: 94103 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 223.8%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Zip Codes
| 94103 | $750.5K | $840K | +11.9% |
| 94107 | $999.5K | $1.0M | +4.5% |
Housing Supply in 94103, CA
How many homes are available in 94103, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 64 | 58 | -9.4% |
Summary: The 94103 real estate market had 58 homes for sale in December 2024, a 9.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 22 | 0.0% |
| 2 Bedrooms | 27 | 22 | -18.5% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 94103 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94103, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 94103 in December 2024, down by 20.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 128 Days | 85 Days | -33.7% |
Summary: Homes in 94103 had an average of 85 days on market in Dec 2024, down by 33.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 94103 has remained consistent over time.
Summary: During December 2024, 8 homes were sold in 94103; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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