Yes; as someone whose breasts have been growing since the age of 13, I can attest to it. Basically, I had little estrogen, but virtually no testosterone in my system, which permitted the growth of my breasts to about a C cup until I started estradiol. My testosterone was all over the map during my teenage years so it depended on what my levels were. I pretty much had boobs, but enough stubble to shave my face.