Is 92101, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 92101 was a Seller's Market.
Housing Prices in 92101, CA
How much do homes in 92101, CA cost?
Median Sold Price
$749,777
$752/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 92101 was $749,777 in May 2024, up 3.3% from last year, and the median price per square foot was $752.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $550K | $565.2K | +2.8% |
2 Bedrooms | $855K | $903K | +5.6% |
3 Bedrooms | $1.1M | $1.2M | +11.3% |
4 Bedrooms | $1.1M | $2.7M | +142.6% |
5+ Bedrooms | - | $2.0M | N/A |
Summary: 92101 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 142.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
92103 | $910K | $1.0M | +18.0% |
92132 | $1.8M | $1.9M | +9.2% |
92101 | $725.8K | $749.7K | +3.3% |
Housing Supply in 92101, CA
How many homes are available in 92101, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
232 | 289 | +24.6% |
Summary: The 92101 real estate market had 289 homes for sale in May 2024, a 24.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 93 | 106 | +14.0% |
2 Bedrooms | 118 | 155 | +31.4% |
3 Bedrooms | 16 | 22 | +37.5% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 92101 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 31.4%, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 46 | +4.5% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in 92101 in May 2024, up by 4.5% month-over-month. Of the 46 sold homes, 59% were sold under asking, 24% were sold at asking, and 17% were sold over asking.
Days on Market for 92101, CA
How long does it take to sell a home in 92101, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 29 Days | +70.0% |
Summary: Homes in 92101 had an average of 29 days on market in May 2024, up by 70% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 46 homes were sold in 92101; 65% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.