Is Daly City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$1,105,400
$746/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Daly City was $1,105,400 in February 2024, down 5.6% from last year, and the median price per square foot was $746.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $544K | $504K | -7.3% |
2 Bedrooms | $920K | $915K | -0.5% |
3 Bedrooms | $1.2M | $1.1M | -5.9% |
4 Bedrooms | $1.3M | $1.2M | -7.4% |
5+ Bedrooms | $1.5M | $1.4M | -4.3% |
Summary: Daly City housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Cities
South San Francisco | $1.2M | $1.1M | -2.8% |
San Francisco | $1.4M | $1.3M | -5.3% |
Daly City | $1.1M | $1.1M | -5.6% |
Brisbane | $1.1M | $1.0M | -8.1% |
Housing Supply in Daly City, CA
How many homes are available in Daly City, CA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
68 | 75 | +10.3% |
Summary: The Daly City real estate market had 75 homes for sale in February 2024, a 10.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 19 | 15 | -21.1% |
3 Bedrooms | 22 | 28 | +27.3% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Daly City housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
18 | 31 | +72.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Daly City in February 2024, up by 72.2% month-over-month. Of the 29 sold homes, 14% were sold under asking, 21% were sold at asking, and 66% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
48 Days | 22 Days | -53.1% |
Summary: Homes in Daly City had an average of 22 days on market in Feb 2024, down by 53.1% 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 February 2024, 31 homes were sold in Daly City; 52% 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.