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 August 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

$808/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$85,000(+8.0%)

Key Takeaway

Homes in Daly City have sold for 8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $500K$550K
+10.0%
2 $822.5K$950K
+15.5%
3 $1.1M$1.2M
+9.1%
4 $1.2M$1.3M
+8.1%
5+ $1.3M$1.4M
+8.2%

Median Sold Price Compared To Nearby Cities

Brisbane
+16.7%
South San Francisco
+11.6%
Daly City
+8.0%

How many homes are available in Daly City, CA?

Number of Homes For Sale

Jul 2022Aug 2022%
6052-13.3%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 22
0.0%
2 1816
-11.1%
3 2818
-35.7%
4 79
+28.6%
5+ 57
+40.0%

Number of Homes Sold

Jul 2022Aug 2022%
2815-46.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Daly City, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
12 Days34 Days+186.6%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 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

Homes for sale in Daly City, CA have reached 52. The number of listings in Daly City, CA decreased by 13.3% between July 2022 and August 2022. The median list price of listings available in August 2022 was $1,150,000, while the average time on the real estate market was 34 days. From July 2022 through August 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 10%, 2 bedrooms properties prices increased by 15.5%, 3 bedrooms properties prices increased by 9.1%, prices of 4 bedrooms properties increased by 8.1%, 5 bedrooms properties prices increased by 8.2%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 11.1% less available, volume of 3 bedrooms homes went down by 35.7%, 4 bedrooms homes became 28.6% more available, the quantity of 5 bedrooms homes went up by 40%. While more than 10 listings in Daly City, CA in August 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 5 were sold below.

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