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San Francisco Real Estate Market Report, April 2018

April 19 2018
April 19 2018

In spite of very rainy, wet weather, San Francisco buyers were buying in March, both single family homes and condominiums. The median sold price for homes eased off just a bit, from $1,700,000 to $1,687,500, while condos jumped from $1,094,000 to $1,250,000.

Likewise, the median sold price per square foot for a single family home eased off February’s record high and it was the condominium median sold price per square foot that hit a new high -$1,145.

Single Family Homes:

The three-month rolling average median sales price of $1,572,500 is up 21% over last year’s.

Year-to-date, new listings are down 11% while sales are up 0.26%.

March’s inventory of 1.5 months is 28% lower than in 2017.

79% of homes sold over their list price and the median percent of list price received was 117% in March.

Condo/Loft/TIC’s:

The three-month rolling average median sales price of $1,131,333 is up 2.2% over last year’s.

Year-to-date, new listings are down 6.9% while sales were up 4.8%.

March’s inventory of 1.9 months is 30% lower than in 2017.59% of homes sold over their list price and the median percent of list price received was 102% in March.

 

 

San Francisco Real Estate Market Report, April 2017San Francisco Real Estate Market Report, April 2017San Francisco Real Estate Market Report, April 2017
San Francisco Real Estate Market Report, April 2018
San Francisco Real Estate Market Report, April 2018San Francisco Real Estate Market Report, April 2018San Francisco Real Estate Market Report, April 2018San Francisco Real Estate Market Report, April 2018
San Francisco Real Estate Market Report, April 2018
San Francisco Real Estate Market Report, April 2018
San Francisco Real Estate Market Report, April 2018
San Francisco Real Estate Market Report, April 2018

 


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