Is Hayes Valley / Lower Haight, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hayes Valley / Lower Haight is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Hayes Valley / Lower Haight has remained a Seller's Market.

Key Takeaway

Hayes Valley / Lower Haight is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hayes Valley / Lower Haight, CA

How much do homes in Hayes Valley / Lower Haight, CA cost?

Median Sold Price

$1,300,000

$987/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,500(+1.0%)

Key Takeaway

Homes in Hayes Valley / Lower Haight have sold for 1% more than they did a year ago.

Summary: The median home sold price in Hayes Valley / Lower Haight was $1,300,000 in November 2024, up 1% from last year, and the median price per square foot was $987.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $710K$720K
+1.4%
2 $1.2M$1.2M
+2.0%
3 $1.4M$1.3M
-6.7%
4 $1.5M$2.5M
+68.3%
5+ $2.3M$2.2M
-5.9%

Summary: Hayes Valley / Lower Haight housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 68.3%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Neighborhoods

Hayes Valley / Lower Haight
+1.0%
Mission Dolores
-1.3%
Central North
-7.9%

Housing Supply in Hayes Valley / Lower Haight, CA

How many homes are available in Hayes Valley / Lower Haight, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3730-18.9%

Summary: The Hayes Valley / Lower Haight real estate market had 30 homes for sale in November 2024, a 18.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 97
-22.2%
2 1714
-17.6%
3 32
-33.3%
4 33
0.0%
5+ 54
-20.0%

Summary: The Hayes Valley / Lower Haight housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hayes Valley / Lower Haight, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Hayes Valley / Lower Haight in November 2024, up by 71.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.

Days on Market for Hayes Valley / Lower Haight, CA

How long does it take to sell a home in Hayes Valley / Lower Haight, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
84 Days48 Days-43.4%

Summary: Homes in Hayes Valley / Lower Haight had an average of 48 days on market in Nov 2024, down by 43.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hayes Valley / Lower Haight has remained consistent over time.

Summary: During November 2024, 12 homes were sold in Hayes Valley / Lower Haight; 33% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

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