Is ZIP 94123, CA 94123 a buyer’s or seller’s market?

Seller’s market As of 2026-08-31 · Source: Redfin

ZIP 94123 is a seller’s market. With about 1 months of supply and 63% of homes selling above list, expect competing offers on well-priced homes. Buyers here typically need a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1Under 4 months = seller’s market

Sold above list63.4%Share of recent sales

Median sale-to-list110.7%Sold price ÷ list price

Median days on market15Listing to accepted offer

Median price per sq ft$1,423▲ +19.0% vs. last year

Run the numbers for 94123

Prefilled for 94123Can I win this house?Multiple-offer likelihood for a listing Coming soonOver-asking calculatorTypical range over list Coming soonOffer strength scoreHow your offer looks to a seller Coming soonAppraisal gapCash needed if it appraises low

Nearby markets

ZIP 94102 94102Seller’s market $963 /sq ft ZIP 94103 94103Seller’s market $857 /sq ft ZIP 94104 94104Buyer’s market $1,114 /sq ft ZIP 94105 94105Seller’s market $1,200 /sq ft Browse all markets →

Market data describes housing activity only.