Is Daly City, 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, Daly City has remained a Seller's Market.
Housing Prices in Daly City, CA
How much do homes in Daly City, CA cost?
Median Sold Price
$1,120,218
$754/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Daly City was $1,120,218 in March 2024, down 2.6% from last year, and the median price per square foot was $754.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $518K | $508K | -1.9% |
2 Bedrooms | $915K | $918K | 0.3% |
3 Bedrooms | $1.1M | $1.1M | -5.3% |
4 Bedrooms | $1.3M | $1.2M | -6.1% |
5+ Bedrooms | $1.4M | $1.4M | -3.0% |
Summary: Daly City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
South San Francisco | $1.2M | $1.2M | -2.2% |
Daly City | $1.1M | $1.1M | -2.6% |
San Francisco | $1.4M | $1.3M | -3.8% |
Brisbane | $1.1M | $1.0M | -5.9% |
Housing Supply in Daly City, CA
How many homes are available in Daly City, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
80 | 78 | -2.5% |
Summary: The Daly City real estate market had 78 homes for sale in March 2024, a 2.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 7 | -22.2% |
2 Bedrooms | 17 | 10 | -41.2% |
3 Bedrooms | 30 | 38 | +26.7% |
4 Bedrooms | 17 | 16 | -5.9% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Daly City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 41.2%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 30 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Daly City in March 2024, the same as the previous month. Of the 28 sold homes, 18% were sold under asking, 4% were sold at asking, and 79% were sold over asking.
Days on Market for Daly City, CA
How long does it take to sell a home in Daly City, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 21 Days | -35.8% |
Summary: Homes in Daly City had an average of 21 days on market in Mar 2024, down by 35.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 30 homes were sold in Daly City; 53% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.