$10,000 Closing Credit*
$1,200,000
1,704 SqFt
3 Beds
•2 Full Baths
Joann Pineda-Guillory, Listing Office: Windermere Diablo Realty
Is Outer Mission, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Outer Mission has remained a Seller's Market.
Key Takeaway
Outer Mission is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Outer Mission, CA
How much do homes in Outer Mission, CA cost?
Median Sold Price
$1,295,000
$870/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,500(+3.4%)
Key Takeaway
Homes in Outer Mission have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Outer Mission was $1,295,000 in October 2024, up 3.4% from last year, and the median price per square foot was $870.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $664.5K | $715.3K | +7.7% |
| 2 Bedrooms | $1.1M | $1.2M | +8.1% |
| 3 Bedrooms | $1.3M | $1.3M | +3.2% |
| 4 Bedrooms | $1.4M | $1.5M | +7.3% |
| 5+ Bedrooms | $1.3M | $1.4M | +3.7% |
Summary: Outer Mission housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Sunnyside | $1.3M | $1.4M | +6.2% |
| Outer Mission | $1.2M | $1.2M | +3.4% |
| Mission Terrace / Balboa Park | $1.2M | $1.2M | +1.0% |
Housing Supply in Outer Mission, CA
How many homes are available in Outer Mission, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 45 | +21.6% |
Summary: The Outer Mission real estate market had 45 homes for sale in October 2024, a 21.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 13 | 24 | +84.6% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Outer Mission housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 84.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Outer Mission, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Outer Mission in October 2024, up by 55.6% month-over-month. Of the 14 sold homes, 14% were sold under asking, 7% were sold at asking, and 79% were sold over asking.
Days on Market for Outer Mission, CA
How long does it take to sell a home in Outer Mission, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 23 Days | +128.8% |
Summary: Homes in Outer Mission had an average of 23 days on market in Oct 2024, up by 128.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Outer Mission are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Outer Mission; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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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.