Is Daly City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$1,120,437
$756/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Daly City was $1,120,437 in May 2024, down 1.5% from last year, and the median price per square foot was $756.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $514.5K | $500K | -2.8% |
2 Bedrooms | $900K | $916.5K | +1.8% |
3 Bedrooms | $1.1M | $1.1M | -0.1% |
4 Bedrooms | $1.2M | $1.2M | -2.2% |
5+ Bedrooms | $1.4M | $1.4M | -1.0% |
Summary: Daly City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
South San Francisco | $1.1M | $1.2M | +0.7% |
San Francisco | $1.4M | $1.3M | -0.1% |
Daly City | $1.1M | $1.1M | -1.5% |
Brisbane | $1.1M | $1.0M | -7.7% |
Housing Supply in Daly City, CA
How many homes are available in Daly City, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
86 | 108 | +25.6% |
Summary: The Daly City real estate market had 108 homes for sale in May 2024, a 25.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 17 | 24 | +41.2% |
3 Bedrooms | 40 | 44 | +10.0% |
4 Bedrooms | 14 | 24 | +71.4% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Daly City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 41.2%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 28 | -6.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Daly City in May 2024, down by 6.7% month-over-month. Of the 28 sold homes, 7% were sold under asking, 14% were sold at asking, and 79% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 18 Days | +3.9% |
Summary: Homes in Daly City had an average of 18 days on market in May 2024, up by 3.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 28 homes were sold in Daly City; 46% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.