$10,000 Closing Credit*
$998,800
1,522 SqFt
3 Beds
•2 Full Baths, 1 Partial
#425000488, Lynn Bell, Chris Lim, Listing Office: Christies Intl R.E. San Francisco
Is 94124, 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, 94124 has remained a Seller's Market.
Key Takeaway
94124 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94124, CA
How much do homes in 94124, CA cost?
Median Sold Price
$870,000
$604/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$40,000(-4.4%)
Key Takeaway
Homes in 94124 have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in 94124 was $870,000 in December 2024, down 4.4% from last year, and the median price per square foot was $604.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $453.2K | $489.5K | +8.0% |
| 2 Bedrooms | $784.5K | $740K | -5.7% |
| 3 Bedrooms | $962.5K | $932.5K | -3.1% |
| 4 Bedrooms | $1.0M | $1.1M | +0.8% |
| 5+ Bedrooms | $1.0M | $1.1M | +5.7% |
Summary: 94124 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Zip Codes
| 94107 | $999.5K | $1.0M | +4.5% |
| 94110 | $1.3M | $1.3M | -1.3% |
| 94124 | $910K | $870K | -4.4% |
Housing Supply in 94124, CA
How many homes are available in 94124, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 66 | 52 | -21.2% |
Summary: The 94124 real estate market had 52 homes for sale in December 2024, a 21.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 23 | 20 | -13.0% |
| 3 Bedrooms | 23 | 19 | -17.4% |
| 4 Bedrooms | 11 | 5 | -54.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 94124 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes decreased by 54.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94124, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 94124 in December 2024, down by 37.5% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for 94124, CA
How long does it take to sell a home in 94124, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 23 Days | 78 Days | +234.8% |
Summary: Homes in 94124 had an average of 78 days on market in Dec 2024, up by 234.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 94124 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 10 homes were sold in 94124; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% 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.