$10,000 Closing Credit*
$948,000
1,450 SqFt
3 Beds
•2 Full Baths
#424080823, Andrew de Vries, Listing Office: Berkshire Hathaway-Franciscan
Is 94132, 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, 94132 has remained a Seller's Market.
Key Takeaway
94132 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94132, CA
How much do homes in 94132, CA cost?
Median Sold Price
$1,432,500
$870/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$132,500(+10.2%)
Key Takeaway
Homes in 94132 have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in 94132 was $1,432,500 in October 2024, up 10.2% from last year, and the median price per square foot was $870.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $570K | $578K | +1.4% |
| 2 Bedrooms | $1.1M | $950K | -14.4% |
| 3 Bedrooms | $1.4M | $1.4M | -0.3% |
| 4 Bedrooms | $1.8M | $1.7M | -4.7% |
| 5+ Bedrooms | $2.1M | $2.1M | -2.3% |
Summary: 94132 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 14.4%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Zip Codes
| 94132 | $1.3M | $1.4M | +10.2% |
| 94116 | $1.4M | $1.5M | +4.7% |
| 94112 | $1.1M | $1.2M | +2.7% |
| 94122 | $1.5M | $1.5M | +2.3% |
| 94127 | $1.8M | $1.8M | 0.3% |
Housing Supply in 94132, CA
How many homes are available in 94132, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 29 | +7.4% |
Summary: The 94132 real estate market had 29 homes for sale in October 2024, a 7.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 94132 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94132, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 94132 in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 0% were sold at asking, and 86% were sold over asking.
Days on Market for 94132, CA
How long does it take to sell a home in 94132, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 18 Days | -47.8% |
Summary: Homes in 94132 had an average of 18 days on market in Oct 2024, down by 47.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 94132 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 94132; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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