Is Pacifica, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pacifica is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Pacifica has remained a Seller's Market.

Key Takeaway

Pacifica is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Pacifica, CA cost?

Median Sold Price

$1,360,000

$966/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$59,292(+4.6%)

Key Takeaway

Homes in Pacifica have sold for 4.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $840K$1.2M
+50.0%
2 $900K$976K
+8.4%
3 $1.2M$1.3M
+5.1%
4 $1.5M$1.5M
+2.5%
5+ $1.7M$1.8M
+2.6%

Median Sold Price Compared To Nearby Cities

South San Francisco
+9.6%
Pacifica
+4.6%
Daly City
+4.5%
San Bruno
+0.8%

How many homes are available in Pacifica, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
5844-24.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 10
-100.0%
2 118
-27.3%
3 2515
-40.0%
4 1717
0.0%
5+ 44
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
2214-36.4%

Asking Price vs. Sold Price

9 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 Pacifica, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
20 Days20 Days+3.5%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pacifica 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 Pacifica, CA

There are 44 homes are for sale in Pacifica, CA real estate market. The inventory of homes for sale in Pacifica, CA between October 2022 and November 2022 decreased by 24.1%. While the average time on the market in November 2022 was 20 days, the median list price was $1,360,000. This housing market listing prices have changed between October 2022 and November 2022: the cost of 1 bedroom properties went up by 50%, 2 bedrooms properties prices increased by 8.4%, the cost of 3 bedrooms properties went up by 5.1%, prices of 4 bedrooms properties increased by 2.5%, prices of 5 bedrooms properties increased by 2.6%. This housing market inventory have changed: number of 1 bedroom homes decreased by 100%, the quantity of 2 bedrooms homes went down by 27.3%, volume of 3 bedrooms homes went down by 40%, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes have not changed. In November 2022 more than 3 listings in Pacifica, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 9 were sold below.

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