$10,000 Closing Credit*
$1,899,000
3,245 SqFt
4 Beds
•2 Full Baths, 1 Partial
#425000078, Jack P Murray, Listing Office: Berkshire Hathaway-Franciscan
Is 94117, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 94117 has remained a Seller's Market.
Key Takeaway
94117 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94117, CA
How much do homes in 94117, CA cost?
Median Sold Price
$1,600,000
$1,036/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$15,000(-0.9%)
Key Takeaway
Homes in 94117 have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in 94117 was $1,600,000 in December 2024, down 0.9% from last year, and the median price per square foot was $1,036.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $725K | $749K | +3.3% |
| 2 Bedrooms | $1.3M | $1.3M | -3.9% |
| 3 Bedrooms | $1.7M | $1.6M | -8.1% |
| 4 Bedrooms | $2.5M | $2.6M | +2.0% |
| 5+ Bedrooms | $2.3M | $2.6M | +12.8% |
Summary: 94117 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Zip Codes
| 94114 | $1.6M | $1.9M | +15.2% |
| 94115 | $1.5M | $1.6M | +10.0% |
| 94118 | $1.9M | $2.0M | +7.9% |
| 94131 | $1.5M | $1.6M | +5.6% |
| 94117 | $1.6M | $1.6M | -0.9% |
Housing Supply in 94117, CA
How many homes are available in 94117, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 58 | 33 | -43.1% |
Summary: The 94117 real estate market had 33 homes for sale in December 2024, a 43.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 4 | -55.6% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 15 | 6 | -60.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 15 | 10 | -33.3% |
Summary: The 94117 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 55.6%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 60%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 24 | 14 | -41.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94117, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 94117 in December 2024, down by 41.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 7% were sold at asking, and 43% were sold over asking.
Days on Market for 94117, CA
How long does it take to sell a home in 94117, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 67 Days | 101 Days | +49.6% |
Summary: Homes in 94117 had an average of 101 days on market in Dec 2024, up by 49.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 94117 has remained consistent over time.
Summary: During December 2024, 14 homes were sold in 94117; 29% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.