$10,000 Closing Credit*
$949,000
1,087 SqFt
2 Beds
•1 Full Bath
#424071312, Jennifer Larocca, Listing Office: Vanguard Properties
Is Hayes Valley / Lower Haight, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Hayes Valley / Lower Haight was a Seller's Market.
Key Takeaway
Hayes Valley / Lower Haight is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hayes Valley / Lower Haight, CA
How much do homes in Hayes Valley / Lower Haight, CA cost?
Median Sold Price
$1,292,500
$987/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$7,500(-0.6%)
Key Takeaway
Homes in Hayes Valley / Lower Haight have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Hayes Valley / Lower Haight was $1,292,500 in September 2024, down 0.6% from last year, and the median price per square foot was $987.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $785K | $722.5K | -8.0% |
| 2 Bedrooms | $1.2M | $1.2M | +2.9% |
| 3 Bedrooms | $1.5M | $1.3M | -10.2% |
| 4 Bedrooms | $1.5M | $2.0M | +31.2% |
| 5+ Bedrooms | $2.5M | $2.2M | -14.7% |
Summary: Hayes Valley / Lower Haight housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 31.2%, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Duboce Triangle | $1.3M | $1.4M | +7.1% |
| Hayes Valley / Lower Haight | $1.3M | $1.2M | -0.6% |
| Alamo Square | $1.6M | $1.5M | -3.1% |
| Central North | $1.2M | $1.1M | -4.6% |
Housing Supply in Hayes Valley / Lower Haight, CA
How many homes are available in Hayes Valley / Lower Haight, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 42 | 41 | -2.4% |
Summary: The Hayes Valley / Lower Haight real estate market had 41 homes for sale in September 2024, a 2.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 21 | 21 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Hayes Valley / Lower Haight housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hayes Valley / Lower Haight, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Hayes Valley / Lower Haight in September 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 59 Days | 34 Days | -41.6% |
Summary: Homes in Hayes Valley / Lower Haight had an average of 34 days on market in Sep 2024, down by 41.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hayes Valley / Lower Haight are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 5 homes were sold in Hayes Valley / Lower Haight; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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