Is 94114, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94114 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 94114 has remained a Seller's Market.

Key Takeaway

94114 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94114, CA

How much do homes in 94114, CA cost?

Median Sold Price

$1,868,750

$1,107/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$218,750(+13.3%)

Key Takeaway

Homes in 94114 have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in 94114 was $1,868,750 in November 2024, up 13.3% from last year, and the median price per square foot was $1,107.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $772.5K$802.5K
+3.9%
2 $1.2M$1.3M
+3.3%
3 $1.9M$2.1M
+6.3%
4 $2.4M$2.8M
+15.8%
5+ $2.3M$2.3M
-0.5%

Summary: 94114 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Zip Codes

94103
+13.4%
94114
+13.3%
94131
+4.2%
94110
-3.3%
94117
-3.6%

Housing Supply in 94114, CA

How many homes are available in 94114, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11180-27.9%

Summary: The 94114 real estate market had 80 homes for sale in November 2024, a 27.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 87
-12.5%
2 2514
-44.0%
3 3624
-33.3%
4 2218
-18.2%
5+ 2017
-15.0%

Summary: The 94114 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 44%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 15%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3622-38.9%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94114, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 94114 in November 2024, down by 38.9% month-over-month. Of the 22 sold homes, 50% were sold under asking, 5% were sold at asking, and 45% were sold over asking.

Days on Market for 94114, CA

How long does it take to sell a home in 94114, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days35 Days+54.3%

Summary: Homes in 94114 had an average of 35 days on market in Nov 2024, up by 54.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94114 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 22 homes were sold in 94114; 50% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 5% 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 17 Days Ago

Newest Listings in 94114, CA

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