Is Hayes Valley / Lower Haight, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hayes Valley / Lower Haight is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Hayes Valley / Lower Haight has remained a Seller's Market.

Key Takeaway

Hayes Valley / Lower Haight is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hayes Valley / Lower Haight, CA

How much do homes in Hayes Valley / Lower Haight, CA cost?

Median Sold Price

$1,195,000

$967/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$155,000(-11.5%)

Key Takeaway

Homes in Hayes Valley / Lower Haight have sold for 11.5% less than they did a year ago.

Summary: The median home sold price in Hayes Valley / Lower Haight was $1,195,000 in May 2024, down 11.5% from last year, and the median price per square foot was $967.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $725K$720K
-0.7%
2 $1.1M$1.2M
+2.5%
3 $1.5M$1.2M
-20.8%
4 $1.6M$2.2M
+38.3%
5+ $2.5M$2.0M
-17.0%

Summary: Hayes Valley / Lower Haight housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes increased by 38.3%, and 5+ bedroom homes decreased by 17%.

Median Sold Price Compared To Nearby Neighborhoods

Duboce Triangle
+7.8%
Central North
-2.8%
Mission Dolores
-5.1%
Alamo Square
-5.8%
Hayes Valley / Lower Haight
-11.5%

Housing Supply in Hayes Valley / Lower Haight, CA

How many homes are available in Hayes Valley / Lower Haight, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3335+6.1%

Summary: The Hayes Valley / Lower Haight real estate market had 35 homes for sale in May 2024, a 6.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 67
+16.7%
2 1114
+27.3%
3 86
-25.0%
4 45
+25.0%
5+ 43
-25.0%

Summary: The Hayes Valley / Lower Haight housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 27.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hayes Valley / Lower Haight, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Hayes Valley / Lower Haight in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Hayes Valley / Lower Haight, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Hayes Valley / Lower Haight, CA

Nearby Markets to Hayes Valley / Lower Haight, CA