$10,000 Closing Credit*
$1,895,000
2,713 SqFt
4 Beds
•4 Full Baths
#424078571, Sandy Onken Fiek, Listing Office: Compass
Is 94121, 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, 94121 has remained a Seller's Market.
Key Takeaway
94121 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94121, CA
How much do homes in 94121, CA cost?
Median Sold Price
$1,736,666
$886/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$79,166(+4.8%)
Key Takeaway
Homes in 94121 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 94121 was $1,736,666 in October 2024, up 4.8% from last year, and the median price per square foot was $886.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $680K | $699.5K | +2.9% |
| 2 Bedrooms | $1.3M | $1.2M | -9.9% |
| 3 Bedrooms | $1.6M | $1.5M | -2.7% |
| 4 Bedrooms | $2.0M | $2.0M | -2.7% |
| 5+ Bedrooms | $2.2M | $2.3M | +6.8% |
Summary: 94121 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes decreased by 9.9%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Zip Codes
| 94118 | $1.8M | $2.0M | +14.2% |
| 94121 | $1.6M | $1.7M | +4.8% |
| 94122 | $1.5M | $1.5M | +2.3% |
Housing Supply in 94121, CA
How many homes are available in 94121, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 73 | -11.0% |
Summary: The 94121 real estate market had 73 homes for sale in October 2024, a 11.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 27 | 20 | -25.9% |
Summary: The 94121 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 22 | +37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94121, you could pay more than the asking price. 81.8% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 94121 in October 2024, up by 37.5% month-over-month. Of the 22 sold homes, 18% were sold under asking, 0% were sold at asking, and 82% were sold over asking.
Days on Market for 94121, CA
How long does it take to sell a home in 94121, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 21 Days | -51.7% |
Summary: Homes in 94121 had an average of 21 days on market in Oct 2024, down by 51.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 94121 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 94121; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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