Is 94111, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94111 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 94111 was a Neutral Market.

Key Takeaway

94111 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94111, CA

How much do homes in 94111, CA cost?

Median Sold Price

$995,000

$907/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$269,095(-21.3%)

Key Takeaway

Homes in 94111 have sold for 21.3% less than they did a year ago.

Summary: The median home sold price in 94111 was $995,000 in December 2024, down 21.3% from last year, and the median price per square foot was $907.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $703K$650K
-7.5%
2 $1.3M$1.3M
-4.1%
3 $2.5M$2.0M
-19.6%
4 $2.6M-
N/A
5+ --
N/A

Summary: 94111 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 19.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

94133
+22.6%
94105
+14.5%
94111
-21.3%

Housing Supply in 94111, CA

How many homes are available in 94111, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1312-7.7%

Summary: The 94111 real estate market had 12 homes for sale in December 2024, a 7.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 55
0.0%
2 65
-16.7%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 94111 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 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94111, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 94111 in December 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 94111, CA

How long does it take to sell a home in 94111, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
121 Days32 Days-73.0%

Summary: Homes in 94111 had an average of 32 days on market in Dec 2024, down by 73% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94111 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in 94111; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in 94111, CA

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