Is 94132, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94132 is a seller's market

Buyer's
Market

Difference Since December 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

$1,450,000

$858/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$150,000(+11.5%)

Key Takeaway

Homes in 94132 have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in 94132 was $1,450,000 in December 2024, up 11.5% from last year, and the median price per square foot was $858.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $570K$530K
-7.0%
2 $1.1M$950K
-14.2%
3 $1.4M$1.4M
0.0%
4 $1.8M$1.7M
-2.1%
5+ $2.1M$2.0M
-2.9%

Summary: 94132 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes decreased by 14.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

94132
+11.5%
94127
+5.4%
94122
+5.3%
94112
+0.7%

Housing Supply in 94132, CA

How many homes are available in 94132, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2822-21.4%

Summary: The 94132 real estate market had 22 homes for sale in December 2024, a 21.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 33
0.0%
2 62
-66.7%
3 88
0.0%
4 52
-60.0%
5+ 67
+16.7%

Summary: The 94132 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 60%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94132, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 94132 in December 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% 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

Dec 2023Dec 2024CHANGE
34 Days81 Days+138.0%

Summary: Homes in 94132 had an average of 81 days on market in Dec 2024, up by 138% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94132 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in 94132; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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