Weekly Bay Area Real Estate Report

PROPERTY INTELLIGENCE – Weekly Report
Week of May 11–17, 2026

THE SNAPSHOT
Market Conditions: Softening but Stable
Median Price (94014): $1,185,000
Year-over-Year Change: -2.1%
Average Days on Market: 34 days
Inventory Trend: ↑ +8.3% YoY

DALY CITY NEIGHBORHOOD BREAKDOWN

Westlake (Most Active)
Median: $1,210,000
Months of Inventory: 2.1
Insight: Still the listing engine of Daly City. Long-term owners are beginning to test the market. Good entry point for buyers, good window for sellers.

Serramonte (Investor-Friendly)
Median: $1,165,000
Months of Inventory: 2.3
Insight: Seeing uptick in absentee owner interest. Several landlord-to-buyer conversions happening this quarter.

St. Francis Heights (Premium)
Median: $1,245,000
Months of Inventory: 1.9
Insight: Tightest inventory, strongest demand. Homes here moving in 28–32 days on average.

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WHAT’S CHANGING

1. Inventory is Up
May typically brings seasonal inventory increase. We’re seeing +8.3% YoY. This is healthy — gives buyers options, but seller competition is rising.

2. Prices Softening Slightly
Median down 2.1% from last May. Not a crash. Just normalization after 2024–2025 run-up. Smart sellers are pricing at market, not hoping.

3. Expired Listings Climbing
~12 expireds per month in 94014. These are opportunities. Most failed because of pricing, staging, or agent execution — not market.

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FOR SELLERS: The Window Is Now

If you’ve been thinking about selling, May–June is the sweet spot:
• Inventory competition is rising, but demand is still strong
• Interest rates have stabilized (no rate-cut surprise expected near-term)
• Buyers are motivated NOW — not “someday”
• Pricing at market (not 2024 prices) gets results fast

Reality: Homes priced right are moving in 30–35 days.
Homes overpriced are sitting. Choose wisely.

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FOR INVESTORS: Three Opportunities

1. Absentee Landlord Conversions
Several Bay Area landlords converting to sales. Why? Rent control, maintenance burden, rates. If you know landlords in Daly City, this is conversation time.

2. Expired Listings (Off-Market Angles)
12 expireds/month = motivated sellers. Many will sell off-market if approach is right. Lower competition, faster close.

3. Pre-IPO Tech Employees Upgrading
Pattern emerging: higher-paid tech workers from pre-IPO companies buying primary residences in Daly City / South Bay as stabilization play. First-time real estate move often = best commission quality.

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KEY STAT TO REMEMBER

2.1 months of inventory in Westlake = seller’s market still, but competitive.
2.4 months in Top of the Hill = balanced market.

Translation: Neighborhoods matter. Pricing matters. Execution matters.

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NEXT WEEK: We’ll track new listings, price changes, and absorption rates.
Follow for hyper-local Daly City market intel you won’t find on Zillow.

Investors Business News | May 11–17, 2026