Accept

We use cookies in order to save your preferences so we can provide a feature-rich, personalized website experience. We also use functionality from third-party vendors who may add additional cookies of their own (e.g. Analytics, Maps, Chat, etc). Read more about cookies in our Privacy Policy and Terms of Service. If you do not accept our use of Cookies, please do not use the website.

San Francisco Real Estate Market Report, October 2017

October 18 2017
October 18 2017

San Francisco Real Estate Market Update: October 2017

Single Family Homes:

September’s median sales price continued its predictable seasonal backing off from its Spring peak in May of $1,475,000, off by 8.5% to $1,350,000. Prices are still up 10.9% above September, 2016.

Inventory is up from August’s 1.9 months to 2.1 months. The number of new listings on the market year-to-date is down 7% from 2016 while the number of sales is up 2.6%.

The incredibly tight supply coupled with strong demand kept the level of overbids high as well, up to 115.6%, higher than last September’s 108%.

86.3% of single family homes sold above the list price, up from 77.5% last September.

 

Condo/Loft/TIC’s:

Median sold prices are up 7.8%, to $1,100,000, compared to September 2016’s 1,020,000.

Inventory is at the highest level so far for 2017, at 2.9 months. That is still down 17% from last September’s 3.4 months. Like single family homes, the number of Condo/Loft/TIC listings are also down year-to-date compared to 2016, by 8.2%. However, unlike single family homes, sales are down, by 0.5%.

The slightly more balanced condo/loft/TIC market is keeping sold prices closer to list prices, at 101.1% of list price. This compares to last September’s 101.4%.

In September, 55% sold above list price, off from August’s 61% and last September’s 58%.

 

 

San Francisco Real Estate Market Report, October 2017

Comments:

Leave a Comment

Name*
Email Help Tip
Website
Comment*
Characters Remaining: 5000
   

Comments

Carolyn Patton

May 22, 2018 12:20 PM

Tecnology is on fast fire wherever nowadays. It is making new and new innovations each passing day and is as quick as the breeze we find in stopthegreedagenda. The picture reflects upon the retrospection component of developing tecnology and the vision we have to make for it.


Hudson

May 28, 2018 12:48 PM

Market report of real estate is mentioned in this blog. There are many people who want to get knowledge of real estate but not the essay help in australia. So the people who need it can open the given link and start reading this blog which is so good.


Jasmret

June 13, 2018 3:31 AM

As we probably am aware the fundamental mean of letter that it is a source to convey messages from one to the next individual. Be that as it may, it has likewise numerous organizations as like the homeworkforme.com. Formal, easygoing, delicate or casual are exceptionally normal and utilized as a part of every day or easygoing routine in numerous workplaces in some notice or letter shape also.


markus

July 27, 2018 6:27 AM

Real estate market place is growing so fast in the modern world.There are many ways for the development of the assignment writer in victoria by which the investors may know the market.


Smith

November 20, 2018 4:20 AM

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->I am happy and relaxed too that I find this blog. I was looking for the matter discussed in blog post. If you have some more blogs on the material please share those as well. Thanks a lot and keep sharing such useful information. grass rubber mats

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->