$10,000 Closing Credit*
$1,200,000
1,704 SqFt
3 Beds
•2 Full Baths
Joann Pineda-Guillory, Listing Office: Windermere Diablo Realty
Is 94112, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$1,200,000
$825/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,000(+2.7%)
Key Takeaway
Homes in 94112 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 94112 was $1,200,000 in October 2024, up 2.7% from last year, and the median price per square foot was $825.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $799K | $715.3K | -10.5% |
| 2 Bedrooms | $1.0M | $1.0M | +4.5% |
| 3 Bedrooms | $1.2M | $1.2M | -2.0% |
| 4 Bedrooms | $1.3M | $1.4M | +6.6% |
| 5+ Bedrooms | $1.5M | $1.4M | -5.8% |
Summary: 94112 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.5%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 5.8%.
Housing Supply in 94112, CA
How many homes are available in 94112, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 102 | 102 | 0.0% |
Summary: The 94112 real estate market had 102 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 29 | 30 | +3.4% |
| 3 Bedrooms | 32 | 36 | +12.5% |
| 4 Bedrooms | 23 | 18 | -21.7% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The 94112 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 25 | -21.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94112, you could pay more than the asking price. 88% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 94112 in October 2024, down by 21.9% month-over-month. Of the 25 sold homes, 8% were sold under asking, 4% were sold at asking, and 88% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 19 Days | -9.6% |
Summary: Homes in 94112 had an average of 19 days on market in Oct 2024, down by 9.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 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 October 2024, 25 homes were sold in 94112; 80% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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