Is 92104, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 92104 has remained a Seller's Market.
Housing Prices in 92104, CA
How much do homes in 92104, CA cost?
Median Sold Price
$805,000
$810/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92104 was $805,000 in March 2024, down 5.3% from last year, and the median price per square foot was $810.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $440K | $449K | +2.0% |
2 Bedrooms | $772.5K | $705K | -8.7% |
3 Bedrooms | $1.2M | $1.2M | -0.3% |
4 Bedrooms | $1.4M | $1.5M | +8.6% |
5+ Bedrooms | $1.9M | $2.2M | +15.8% |
Summary: 92104 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 15.8%.
Housing Supply in 92104, CA
How many homes are available in 92104, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 72 | +16.1% |
Summary: The 92104 real estate market had 72 homes for sale in March 2024, a 16.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 12 | -33.3% |
2 Bedrooms | 15 | 27 | +80.0% |
3 Bedrooms | 23 | 26 | +13.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 92104 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 26 | +52.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 92104 in March 2024, up by 52.9% month-over-month. Of the 26 sold homes, 23% were sold under asking, 19% were sold at asking, and 58% were sold over asking.
Days on Market for 92104, CA
How long does it take to sell a home in 92104, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 19 Days | -26.5% |
Summary: Homes in 92104 had an average of 19 days on market in Mar 2024, down by 26.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in 92104; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.