Is 94158, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94158 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 94158 was a Buyer's Market.

Key Takeaway

94158 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94158, CA

How much do homes in 94158, CA cost?

Median Sold Price

$1,150,000

$1,060/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,000(-1.7%)

Key Takeaway

Homes in 94158 have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in 94158 was $1,150,000 in November 2024, down 1.7% from last year, and the median price per square foot was $1,060.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $875K$769.5K
-12.1%
2 $1.4M$1.2M
-11.1%
3 $1.5M$2.5M
+70.6%
4 --
N/A
5+ --
N/A

Summary: 94158 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 70.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

94105
+10.6%
94107
+5.4%
94158
-1.7%

Housing Supply in 94158, CA

How many homes are available in 94158, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The 94158 real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 76
-14.3%
2 1110
-9.1%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 94158 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94158, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 94158 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 94158, CA

How long does it take to sell a home in 94158, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days128 Days+216.7%

Summary: Homes in 94158 had an average of 128 days on market in Nov 2024, up by 216.7% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 94158 has remained consistent over time.

Summary: During November 2024, 4 homes were sold in 94158; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in 94158, CA

Nearby Markets to 94158, CA