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 December 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

$833,000

$815/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$33,000(+4.1%)

Key Takeaway

Homes in 92104 have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in 92104 was $833,000 in December 2024, up 4.1% from last year, and the median price per square foot was $815.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $449K$444.6K
-1.0%
2 $715.5K$710K
-0.8%
3 $1.2M$1.2M
+3.0%
4 $1.5M$1.4M
-4.5%
5+ $2.2M$2.0M
-8.4%

Summary: 92104 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 8.4%.

Median Sold Price Compared To Nearby Zip Codes

92105
+10.7%
92116
+7.7%
92104
+4.1%
92102
+3.3%
92103
-11.9%

Housing Supply in 92104, CA

How many homes are available in 92104, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8263-23.2%

Summary: The 92104 real estate market had 63 homes for sale in December 2024, a 23.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 128
-33.3%
2 4131
-24.4%
3 2017
-15.0%
4 64
-33.3%
5+ 33
0.0%

Summary: The 92104 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 24.4%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2719-29.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92104, you could pay more than the asking price. 52.6% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in 92104 in December 2024, down by 29.6% month-over-month. Of the 19 sold homes, 32% were sold under asking, 16% were sold at asking, and 53% 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

Dec 2023Dec 2024CHANGE
19 Days30 Days+60.7%

Summary: Homes in 92104 had an average of 30 days on market in Dec 2024, up by 60.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

8 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 December 2024, 19 homes were sold in 92104; 58% of homes were sold within 30 days, 42% 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 6 Days Ago

Newest Listings in 92104, CA

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