Is 94134, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94134 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 94134 has remained a Seller's Market.

Key Takeaway

94134 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94134, CA

How much do homes in 94134, CA cost?

Median Sold Price

$1,050,000

$756/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in 94134 has remained the same since last year.

Summary: The median home sold price in 94134 was $1,050,000 in October 2024, the same as last year, and the median price per square foot was $756.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $567.5K$655K
+15.4%
2 $945K$920K
-2.6%
3 $1.0M$1.1M
+3.3%
4 $1.2M$1.0M
-16.0%
5+ $1.5M$1.5M
+2.5%

Summary: 94134 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Zip Codes

94005
+5.1%
94112
+2.7%
94134
0.0%
94124
-2.2%
94110
-3.0%

Housing Supply in 94134, CA

How many homes are available in 94134, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6459-7.8%

Summary: The 94134 real estate market had 59 homes for sale in October 2024, a 7.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 2318
-21.7%
3 2729
+7.4%
4 75
-28.6%
5+ 22
0.0%

Summary: The 94134 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1114+27.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94134, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 94134 in October 2024, up by 27.3% month-over-month. Of the 14 sold homes, 7% were sold under asking, 7% were sold at asking, and 86% were sold over asking.

Days on Market for 94134, CA

How long does it take to sell a home in 94134, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days17 Days-26.3%

Summary: Homes in 94134 had an average of 17 days on market in Oct 2024, down by 26.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94134 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 94134; 79% 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.

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

Report Updated 15 Days Ago

Newest Listings in 94134, CA

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