$10,000 Closing Credit*
$899,000
1,118 SqFt
2 Beds
•1 Full Bath
#424103222, Janice Lee, Listing Office: Coldwell Banker Realty
Is 94112, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 94112 has remained a Seller's Market.
Key Takeaway
94112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94112, CA
How much do homes in 94112, CA cost?
Median Sold Price
$1,180,000
$831/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,750(+1.4%)
Key Takeaway
Homes in 94112 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 94112 was $1,180,000 in November 2024, up 1.4% from last year, and the median price per square foot was $831.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $799K | $670.1K | -16.1% |
| 2 Bedrooms | $1.0M | $1.0M | +5.5% |
| 3 Bedrooms | $1.2M | $1.1M | -2.8% |
| 4 Bedrooms | $1.3M | $1.4M | +5.2% |
| 5+ Bedrooms | $1.5M | $1.4M | -5.0% |
Summary: 94112 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.1%, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 5%.
Housing Supply in 94112, CA
How many homes are available in 94112, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 | 86 | -13.1% |
Summary: The 94112 real estate market had 86 homes for sale in November 2024, a 13.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 32 | 27 | -15.6% |
| 3 Bedrooms | 34 | 29 | -14.7% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The 94112 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 decreased by 15.6%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 29 | +11.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94112, you could pay more than the asking price. 65.4% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in 94112 in November 2024, up by 11.5% month-over-month. Of the 26 sold homes, 31% were sold under asking, 4% were sold at asking, and 65% were sold over asking.
Days on Market for 94112, CA
How long does it take to sell a home in 94112, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 35 Days | -0.4% |
Summary: Homes in 94112 had an average of 35 days on market in Nov 2024, down by 0.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 94112 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in 94112; 52% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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