$4,595,000
3,850 SqFt
5 Beds
•3 Full Baths, 1 Partial
#424040619, Chris Chour, Listing Office: RealEstateAdvisor.com
Is Pacific Heights, 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, Pacific Heights was a Seller's Market.
Key Takeaway
Pacific Heights is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Pacific Heights, CA
How much do homes in Pacific Heights, CA cost?
Median Sold Price
$2,185,000
$1,174/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$386,000(+21.5%)
Key Takeaway
Homes in Pacific Heights have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in Pacific Heights was $2,185,000 in September 2024, up 21.5% from last year, and the median price per square foot was $1,174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $893K | $950K | +6.4% |
| 2 Bedrooms | $1.3M | $1.3M | +3.7% |
| 3 Bedrooms | $2.3M | $2.5M | +8.9% |
| 4 Bedrooms | $4.4M | $4.9M | +13.5% |
| 5+ Bedrooms | $6.8M | $4.9M | -27.2% |
Summary: Pacific Heights housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 27.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Pacific Heights | $1.7M | $2.1M | +21.5% |
| Cow Hollow | $2.0M | $2.2M | +8.6% |
| Lower Pacific Heights / Japantown | $1.2M | $1.2M | -0.4% |
Housing Supply in Pacific Heights, CA
How many homes are available in Pacific Heights, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 74 | 75 | +1.4% |
Summary: The Pacific Heights real estate market had 75 homes for sale in September 2024, a 1.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 14 | 0.0% |
| 2 Bedrooms | 22 | 20 | -9.1% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Pacific Heights housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pacific Heights, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Pacific Heights in September 2024, down by 7.7% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for Pacific Heights, CA
How long does it take to sell a home in Pacific Heights, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 23 Days | 32 Days | +40.0% |
Summary: Homes in Pacific Heights had an average of 32 days on market in Sep 2024, up by 40% compared to last year.
Breakdown of Home Sale Times
8 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 Pacific Heights are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 12 homes were sold in Pacific Heights; 67% of homes were sold within 30 days, 33% 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.