Is 94303, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94303 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 94303 has remained a Seller's Market.

Key Takeaway

94303 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94303, CA

How much do homes in 94303, CA cost?

Median Sold Price

$2,605,000

$1,477/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$71,500(+2.8%)

Key Takeaway

Homes in 94303 have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in 94303 was $2,605,000 in November 2024, up 2.8% from last year, and the median price per square foot was $1,477.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $455K$622.5K
+36.8%
2 $850K$868K
+2.1%
3 $2.4M$2.2M
-8.0%
4 $2.9M$3.4M
+18.9%
5+ $4.0M$3.7M
-5.9%

Summary: 94303 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Zip Codes

94301
+13.4%
94306
+10.1%
94043
+7.9%
94025
+5.7%
94303
+2.8%

Housing Supply in 94303, CA

How many homes are available in 94303, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5543-21.8%

Summary: The 94303 real estate market had 43 homes for sale in November 2024, a 21.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 78
+14.3%
3 1912
-36.8%
4 2216
-27.3%
5+ 76
-14.3%

Summary: The 94303 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 36.8%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1918-5.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94303, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in 94303 in November 2024, down by 5.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 6% were sold at asking, and 63% were sold over asking.

Days on Market for 94303, CA

How long does it take to sell a home in 94303, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days19 Days-0.6%

Summary: Homes in 94303 had an average of 19 days on market in Nov 2024, down by 0.6% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94303 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 18 homes were sold in 94303; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% 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 18 Days Ago

Newest Listings in 94303, CA

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