Is 92104, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92104 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 92104 has remained a Seller's Market.

Key Takeaway

92104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92104, CA

How much do homes in 92104, CA cost?

Median Sold Price

$830,750

$817/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,083(+5.6%)

Key Takeaway

Homes in 92104 have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in 92104 was $830,750 in November 2024, up 5.6% from last year, and the median price per square foot was $817.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $442K$438.8K
-0.7%
2 $715K$717.5K
0.3%
3 $1.2M$1.3M
+6.3%
4 $1.5M$1.4M
-4.8%
5+ $2.2M$2.0M
-6.3%

Summary: 92104 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 6.3%.

Median Sold Price Compared To Nearby Zip Codes

92105
+9.5%
92116
+8.0%
92104
+5.6%
92102
+0.6%
92103
-5.0%

Housing Supply in 92104, CA

How many homes are available in 92104, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10087-13.0%

Summary: The 92104 real estate market had 87 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1513
-13.3%
2 4939
-20.4%
3 2522
-12.0%
4 810
+25.0%
5+ 33
0.0%

Summary: The 92104 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.3%, 2 bedroom homes decreased by 20.4%, 3 bedroom homes decreased by 12%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2826-7.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92104, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 92104 in November 2024, down by 7.1% month-over-month. Of the 26 sold homes, 42% were sold under asking, 15% were sold at asking, and 42% were sold over asking.

Days on Market for 92104, CA

How long does it take to sell a home in 92104, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days20 Days-23.2%

Summary: Homes in 92104 had an average of 20 days on market in Nov 2024, down by 23.2% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92104 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 26 homes were sold in 92104; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 3 Days Ago

Newest Listings in 92104, CA

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