$10,000 Closing Credit*
$1,950,000
3,016 SqFt
5 Beds
•4 Full Baths, 1 Partial
Andy Sweat, Listing Office: KW Bay Area Estates
Is Daly City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
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.
Housing Prices in Daly City, CA
How much do homes in Daly City, CA cost?
Median Sold Price
$1,150,000
$771/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$45,000(+4.1%)
Key Takeaway
Homes in Daly City have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Daly City was $1,150,000 in August 2024, up 4.1% from last year, and the median price per square foot was $771.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $511K | $505K | -1.2% |
| 2 Bedrooms | $883K | $907.5K | +2.8% |
| 3 Bedrooms | $1.1M | $1.1M | +5.5% |
| 4 Bedrooms | $1.2M | $1.2M | -1.2% |
| 5+ Bedrooms | $1.4M | $1.4M | +2.0% |
Summary: Daly City housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| Brisbane | $960K | $1.0M | +13.4% |
| South San Francisco | $1.1M | $1.2M | +7.0% |
| Daly City | $1.1M | $1.1M | +4.1% |
| San Francisco | $1.3M | $1.4M | +0.9% |
Housing Supply in Daly City, CA
How many homes are available in Daly City, CA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 113 | 120 | +6.2% |
Summary: The Daly City real estate market had 120 homes for sale in August 2024, a 6.2% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 26 | 35 | +34.6% |
| 3 Bedrooms | 56 | 45 | -19.6% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The Daly City housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 34.6%, 3 bedroom homes decreased by 19.6%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 32 | 37 | +15.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Daly City, you could pay more than the asking price. 68.6% of homes here sold above asking price last month.
Summary: A total of 37 homes were sold or pending in Daly City in August 2024, up by 15.6% month-over-month. Of the 35 sold homes, 23% were sold under asking, 9% were sold at asking, and 69% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 22 Days | 22 Days | -1.8% |
Summary: Homes in Daly City had an average of 22 days on market in Aug 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Daly City are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 37 homes were sold in Daly City; 41% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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