Is Daly City, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Daly City is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Daly City, CA cost?

Median Sold Price

$1,150,000

$814/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$50,000(+4.5%)

Key Takeaway

Homes in Daly City have sold for 4.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $510K$560K
+9.8%
2 $870K$950K
+9.2%
3 $1.1M$1.1M
+4.4%
4 $1.3M$1.3M
+6.5%
5+ $1.3M$1.5M
+9.9%

Median Sold Price Compared To Nearby Cities

South San Francisco
+9.6%
Daly City
+4.5%
Brisbane
-0.6%

How many homes are available in Daly City, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
7066-5.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 56
+20.0%
2 1716
-5.9%
3 2120
-4.8%
4 2122
+4.8%
5+ 62
-66.7%

Number of Homes Sold

Oct 2022Nov 2022%
1718+5.9%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Daly City, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days34 Days+94.2%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Daly City, CA

Daly City, CA has 66 homes for sale to choose from. The inventory of homes for sale in Daly City, CA between October 2022 and November 2022 decreased by 5.7%. While the average time on the market in November 2022 was 34 days, the median list price was $1,150,000. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 9.8%, prices of 2 bedrooms properties increased by 9.2%, 3 bedrooms properties became 4.4% more expensive, 4 bedrooms properties prices increased by 6.5%, the cost of 5 bedrooms properties went up by 9.9%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 20%, volume of 2 bedrooms homes went down by 5.9%, the quantity of 3 bedrooms homes went down by 4.8%, 4 bedrooms homes became 4.8% more available, 5 bedrooms homes inventory decreased by 66.7%. In November 2022 more than 8 listings in Daly City, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 8 were sold below.

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