Is Financial District, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Financial District was a Seller's Market.
Housing Prices in Financial District, CA
How much do homes in Financial District, CA cost?
Median Sold Price
$580,000
$651/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Financial District was $580,000 in April 2024, down 4.9% from last year, and the median price per square foot was $651.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $539K | $540K | 0.2% |
2 Bedrooms | $706K | $727.5K | +3.0% |
3 Bedrooms | $1.1M | $1.2M | +7.6% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Financial District housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Bunker Hill | $617.5K | $630K | +2.0% |
Historic Core | $512.5K | $500K | -2.4% |
Financial District | $610K | $580K | -4.9% |
City West | $570K | $527.5K | -7.5% |
Housing Supply in Financial District, CA
How many homes are available in Financial District, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 58 | +11.5% |
Summary: The Financial District real estate market had 58 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 32 | 33 | +3.1% |
2 Bedrooms | 19 | 24 | +26.3% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Financial District housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 26.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Financial District in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Financial District, CA
How long does it take to sell a home in Financial District, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
90 Days | 50 Days | -44.6% |
Summary: Homes in Financial District had an average of 50 days on market in Apr 2024, down by 44.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Financial District; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.