$9,203 Closing Credit*
$775,000
989 SqFt
2 Beds
•2 Full Baths
Sean Smith, Listing Office: Pacific Sotheby's Int'l Realty
Is 92101, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 92101 was a Seller's Market.
Key Takeaway
92101 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 92101, CA
How much do homes in 92101, CA cost?
Median Sold Price
$741,169
$730/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,414(-0.3%)
Key Takeaway
The sold price of homes in 92101 has remained the same since last year.
Summary: The median home sold price in 92101 was $741,169 in November 2024, down 0.3% from last year, and the median price per square foot was $730.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $551K | $575K | +4.4% |
| 2 Bedrooms | $913.2K | $883.7K | -3.2% |
| 3 Bedrooms | $1.1M | $1.3M | +18.0% |
| 4 Bedrooms | $2.8M | $2.1M | -23.6% |
| 5+ Bedrooms | - | $1.9M | N/A |
Summary: 92101 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 18%, 4 bedroom homes decreased by 23.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 92101 | $743.5K | $741.1K | -0.3% |
| 92103 | $1.0M | $1.0M | -5.0% |
Housing Supply in 92101, CA
How many homes are available in 92101, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 231 | 235 | +1.7% |
Summary: The 92101 real estate market had 235 homes for sale in November 2024, a 1.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 82 | 79 | -3.7% |
| 2 Bedrooms | 130 | 138 | +6.2% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 92101 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 34 | -27.7% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 92101, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 92101 in November 2024, down by 27.7% month-over-month. Of the 34 sold homes, 76% were sold under asking, 9% were sold at asking, and 15% were sold over asking.
Days on Market for 92101, CA
How long does it take to sell a home in 92101, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 52 Days | +122.7% |
Summary: Homes in 92101 had an average of 52 days on market in Nov 2024, up by 122.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 92101 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in 92101; 44% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.