$10,000 Closing Credit*
$1,298,888
1,260 SqFt
3 Beds
•2 Full Baths
Team Pete & Chris..., Listing Office: REMAX Gold Pacifica
Is South San Francisco, 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, South San Francisco has remained a Seller's Market.
Key Takeaway
South San Francisco is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South San Francisco, CA
How much do homes in South San Francisco, CA cost?
Median Sold Price
$1,243,750
$843/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$83,750(+7.2%)
Key Takeaway
Homes in South San Francisco have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in South San Francisco was $1,243,750 in November 2024, up 7.2% from last year, and the median price per square foot was $843.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $618K | $482.6K | -21.9% |
| 2 Bedrooms | $825K | $900K | +9.1% |
| 3 Bedrooms | $1.2M | $1.2M | +5.8% |
| 4 Bedrooms | $1.3M | $1.4M | +4.9% |
| 5+ Bedrooms | $1.4M | $1.7M | +24.1% |
Summary: South San Francisco housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.9%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 24.1%.
Housing Supply in South San Francisco, CA
How many homes are available in South San Francisco, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 96 | 76 | -20.8% |
Summary: The South San Francisco real estate market had 76 homes for sale in November 2024, a 20.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 57 | 36 | -36.8% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The South San Francisco housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 36.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 27 | -30.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South San Francisco, you could pay more than the asking price. 73.1% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in South San Francisco in November 2024, down by 30.8% month-over-month. Of the 26 sold homes, 15% were sold under asking, 12% were sold at asking, and 73% were sold over asking.
Days on Market for South San Francisco, CA
How long does it take to sell a home in South San Francisco, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 25 Days | +28.8% |
Summary: Homes in South San Francisco had an average of 25 days on market in Nov 2024, up by 28.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South San Francisco are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in South San Francisco; 78% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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. 
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. Properties may or may not be listed by the office/agent presenting the information.