$9,488 Closing Credit*
$799,000
906 SqFt
2 Beds
•1 Full Bath
#424084198, Craig Ackerman, Listing Office: Proof Real Estate
Is Portrero Hill, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Portrero Hill has remained a Seller's Market.
Key Takeaway
Portrero Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Portrero Hill, CA
How much do homes in Portrero Hill, CA cost?
Median Sold Price
$1,245,000
$1,031/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+1.2%)
Key Takeaway
Homes in Portrero Hill have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Portrero Hill was $1,245,000 in November 2024, up 1.2% from last year, and the median price per square foot was $1,031.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $855K | $847.5K | -0.9% |
| 2 Bedrooms | $1.1M | $1.1M | -0.3% |
| 3 Bedrooms | $1.6M | $1.5M | -7.5% |
| 4 Bedrooms | $1.8M | $2.0M | +13.5% |
| 5+ Bedrooms | $2.0M | $1.6M | -22.0% |
Summary: Portrero Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 22%.
Median Sold Price Compared To Nearby Neighborhoods
| Central East | $1.1M | $1.1M | +3.5% |
| Dogpatch | $1.0M | $1.0M | +3.4% |
| Portrero Hill | $1.2M | $1.2M | +1.2% |
Housing Supply in Portrero Hill, CA
How many homes are available in Portrero Hill, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 81 | 68 | -16.0% |
Summary: The Portrero Hill real estate market had 68 homes for sale in November 2024, a 16.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 27 | 26 | -3.7% |
| 2 Bedrooms | 23 | 17 | -26.1% |
| 3 Bedrooms | 22 | 19 | -13.6% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Portrero Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.7%, 2 bedroom homes decreased by 26.1%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Portrero Hill, you could pay more than the asking price. 73.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Portrero Hill in November 2024, the same as the previous month. Of the 15 sold homes, 13% were sold under asking, 13% were sold at asking, and 73% were sold over asking.
Days on Market for Portrero Hill, CA
How long does it take to sell a home in Portrero Hill, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 55 Days | +9.1% |
Summary: Homes in Portrero Hill had an average of 55 days on market in Nov 2024, up by 9.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Portrero Hill are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in Portrero Hill; 47% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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