$10,000 Closing Credit*
$2,100,000
1,670 SqFt
3 Beds
•3 Full Baths
Satish Datt, Listing Office: Home America Realty
Is 94118, 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, 94118 has remained a Seller's Market.
Key Takeaway
94118 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94118, CA
How much do homes in 94118, CA cost?
Median Sold Price
$2,100,000
$1,032/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$250,000(+13.5%)
Key Takeaway
Homes in 94118 have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in 94118 was $2,100,000 in November 2024, up 13.5% from last year, and the median price per square foot was $1,032.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $728.2K | $705K | -3.2% |
| 2 Bedrooms | $1.1M | $1.3M | +10.2% |
| 3 Bedrooms | $1.8M | $1.9M | +6.8% |
| 4 Bedrooms | $2.7M | $2.8M | +5.5% |
| 5+ Bedrooms | $2.9M | $3.7M | +29.5% |
Summary: 94118 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 29.5%.
Median Sold Price Compared To Nearby Zip Codes
| 94118 | $1.8M | $2.1M | +13.5% |
| 94121 | $1.6M | $1.7M | +5.2% |
| 94115 | $1.5M | $1.6M | +5.1% |
| 94117 | $1.6M | $1.6M | -3.6% |
Housing Supply in 94118, CA
How many homes are available in 94118, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 57 | -24.0% |
Summary: The 94118 real estate market had 57 homes for sale in November 2024, a 24.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 16 | 12 | -25.0% |
| 3 Bedrooms | 16 | 12 | -25.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 30 | 24 | -20.0% |
Summary: The 94118 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 11 | -54.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94118, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 94118 in November 2024, down by 54.2% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for 94118, CA
How long does it take to sell a home in 94118, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 52 Days | +51.4% |
Summary: Homes in 94118 had an average of 52 days on market in Nov 2024, up by 51.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 94118 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 94118; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. Properties may or may not be listed by the office/agent presenting the information. 
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. 
Copyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved.