Real Estate Statistical Update from CleanOffer.com October 23, 2009
Posted by Jessica Waterston in Current San Francisco Real Estate Statistics, For Real Estate Buyers, For Real Estate Sellers, Most Recent News.add a comment
Sales of single-family, re-sale homes dropped 39.2% last month compared to August. Home sales were up 0.6% year-over-year. This is the third month in a row home sales have been higher than the year before. Year-to-date, home sales are down 3.5%.
Condo sales, on the other hand, were up 4.8% month-over-month, and up 37.3% compared to September 2008. Year-to-date, condo sales are off 12.4%.
The median price gained 20% from August, but was down 4.1% year-over-year. The average price rose 17.2% month-over-month, but was off 11.3% year-over-year.
The median price for loft/condos in San Francisco rose 2.8% from August, but was down 7.1% year-over-year. The average price gained 3.3% month-over-month, but was off 3.9% compared to September 2008
San Francisco Real Estate Update for August, 2009 September 4, 2009
Posted by Jessica Waterston in Current San Francisco Real Estate Statistics, Current San Francisco Real Estate Update, For Real Estate Buyers, For Real Estate Sellers, Most Recent News.add a comment
Single Family Homes
- 196 Homes Sold
- Median Sale Price was $705,000
- Minimum Sale Price was $170,000
- Maximum Sale Price was $5,500,000
- Median Selling Price was 101% of asking price
- Median Days on Market was 40
- Median Selling Price for homes that sold within 30 days was 104% of asking price
Condominiums, Lofts & Co-ops
- 151 Homes Sold
- Median Sale Price was $712,000
- Minimum Sale Price was $135,000
- Maximum Sale Price was $6,000,000
- Median Selling Price was 98% of asking price
- Median Days on Market was 71
- Median Selling Price for homes that sold within 30 days was 98.5% of asking price
TIC’s
- 31 Homes Sold
- Median Sale Price was $508,000
- Minimum Sale Price was $299,000
- Maximum Sale Price was $1,340,000
- Median Selling Price was 99% of asking price
- Median Days on Market was 68
- Median Selling Price for homes that sold within 30 days was 98.5% of asking price
San Francisco Real Estate Stats for July, 2009 September 4, 2009
Posted by Jessica Waterston in Current San Francisco Real Estate Graphs, Current San Francisco Real Estate Statistics, Current San Francisco Real Estate Update, For Real Estate Buyers, For Real Estate Sellers.add a comment
San Francisco Home Sales at Highest Level Since October 2006
| Trends at a Glance | |||
| (Single-family Homes) | |||
| Jul 09 | Jun 09 | Jul 08 | |
| Home Sales: | 239 | 207 | 217 |
| Median Price: | $785,000 | $780,102 | $850,000 |
| Average Price: | $1,029,159 | $1,091,398 | $1,153,269 |
| Sale/List Price Ratio: | 98.4% | 99.2% | 101.7% |
| Days on Market: | 61 | 65 | 47 |
| (Lofts/Townhomes/TIC) | |||
| Jul 09 | Jun 09 | Jul 08 | |
| Condo Sales: | 213 | 182 | 261 |
| Median Price: | $619,655 | $657,000 | $777,250 |
| Average Price: | $714,616 | $737,193 | $891,173 |
| Sale/List Price Ratio: | 97.8% | 97.7% | 100.4% |
| Days on Market: | 85 | 74 | 58 |
Sales of single-family, re-sale homes and condos rose 15.5% in July compared to June. Home sales were also up 10.1% year-over-year. This is the first month home sales have been higher than the year before since last September. Year-to-date, home sales are down 12.3%.
Condo sales were up 17% month-over-month, but off 18.4% compared to July 2008. Year-to-date, condo sales are down 30.9%.
The median price for single-family homes rose for the fourth month in a row. The median price rose 0.6% from June, but was down 7.6% year-over-year. The average price dropped 5.7% month-over-month, and was down 10.8% compared to last July.
The median price for loft/condos in San Francisco fell 5.7% from June, and was down 20.3% year-over-year. The average price fell 3.1% month-over-month, and was off 19.8% year-over last year.
The real estate market is very hard to generalize. It is a market made up of many micro markets. For complete information on a particular neighborhood or property, or for an evaluation of your home’s worth, call me.
If I can help you devise a strategy, call or click the buying or selling link in the menu to the left.
Monthly Statistics
Complete monthly sales statistics for San Francisco districts are below.
| July Sales Statistics | ||||||||
| (Single-family Homes) | ||||||||
| Prices | Unit | Change from last year | ||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | |
| San Francisco | $785,000 | $1,029,159 | 239 | 61 | 94.8% | -7.6% | -10.8% | 10.1% |
| D1: Northwest | $1,075,000 | $1,290,812 | 16 | 84 | 92.2% | -1.1% | -11.1% | -11.1% |
| D2: Central West | $762,000 | $762,259 | 43 | 50 | 98.9% | -5.9% | -9.7% | 13.2% |
| D3: Southwest | $639,000 | $713,647 | 17 | 30 | 102.3% | -14.8% | -7.3% | 0.0% |
| D4: Twin Peaks | $839,000 | $866,100 | 20 | 85 | 94.7% | -1.2% | -13.4% | -33.3% |
| D5: Central | $1,200,000 | $1,254,235 | 51 | 56 | 94.9% | -24.4% | -28.6% | 59.4% |
| D6: Central North | $1,920,000 | $1,920,000 | 2 | 92 | 90.4% | 61.3% | 15.3% | -33.3% |
| D7: North | $5,235,000 | $5,085,236 | 9 | 85 | 88.1% | 49.1% | 30.3% | 50.0% |
| D8: Northeast | - | - | - | - | - | n/a | n/a | n/a |
| D9: Central East | $815,000 | $862,444 | 25 | 65 | 96.5% | -7.2% | -9.4% | 8.7% |
| D10: Southeast | $524,750 | $499,119 | 56 | 60 | 100.0% | -12.5% | -14.3% | 21.7% |
| July Sales Statistics | ||||||||
| (Condos/TICs/Co-ops/Lofts) | ||||||||
| Prices | Unit | Change from last year | ||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | |
| San Francisco | $619,655 | $714,616 | 213 | 85 | 97.8% | -20.3% | -19.8% | -18.4% |
| D1: Northwest | $699,000 | $693,684 | 19 | 80 | 98.1% | -11.2% | -9.8% | 58.3% |
| D2: Central West | $650,000 | $685,000 | 3 | 42 | 100.9% | -19.8% | -19.6% | -66.7% |
| D3: Southwest | $420,500 | $400,250 | 4 | 72 | 104.0% | -15.9% | -20.0% | 300.0% |
| D4: Twin Peaks | $735,000 | $689,000 | 3 | 39 | 98.5% | 18.9% | 26.2% | 0.0% |
| D5: Central | $722,500 | $678,146 | 48 | 88 | 99.0% | -17.0% | -24.5% | 2.1% |
| D6: Central North | $629,828 | $648,196 | 20 | 70 | 98.0% | -17.1% | -11.2% | 5.3% |
| D7: North | $890,000 | $1,132,522 | 23 | 97 | 97.2% | -8.2% | -9.4% | 4.5% |
| D8: Northeast | $625,000 | $795,287 | 21 | 85 | 96.0% | -20.9% | -17.9% | -59.6% |
| D9: Central East | $575,000 | $655,613 | 64 | 86 | 97.4% | -21.4% | -22.6% | -30.4% |
| D10: Southeast | $393,000 | $385,875 | 8 | 114 | 97.7% | -11.3% | -7.8% | 100.0% |