$10,000 Closing Credit*
$2,498,000
1,639 SqFt
2 Beds
•2 Full Baths
#424103304, Jeffrey Chen, Eva Chen, Listing Office: Compass
Is Financial District South, 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, Financial District South was a Neutral Market.
Key Takeaway
Financial District South is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Financial District South, CA
How much do homes in Financial District South, CA cost?
Median Sold Price
$1,600,000
$992/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$475,000(+42.2%)
Key Takeaway
Homes in Financial District South have sold for 42.2% more than they did a year ago.
Summary: The median home sold price in Financial District South was $1,600,000 in November 2024, up 42.2% from last year, and the median price per square foot was $992.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $730K | $669K | -8.4% |
| 2 Bedrooms | $1.5M | $1.6M | +5.2% |
| 3 Bedrooms | $2.0M | $3.6M | +72.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Financial District South housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 72.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Financial District South | $1.1M | $1.6M | +42.2% |
| Rincon Hill | $1.1M | $1.3M | +15.1% |
Housing Supply in Financial District South, CA
How many homes are available in Financial District South, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 46 | -11.5% |
Summary: The Financial District South real estate market had 46 homes for sale in November 2024, a 11.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 13 | -7.1% |
| 2 Bedrooms | 29 | 25 | -13.8% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Financial District South housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Financial District South, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Financial District South in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Financial District South, CA
How long does it take to sell a home in Financial District South, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 139 Days | 84 Days | -39.6% |
Summary: Homes in Financial District South had an average of 84 days on market in Nov 2024, down by 39.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Financial District South are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 5 homes were sold in Financial District South; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. Properties may or may not be listed by the office/agent presenting the information. 
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. 
Copyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved.