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Blog Archives: July 2017

San Francisco Real Estate Market Report, July, 2017

July 18, 2017
June’s median sales price for single family in San Francisco backed off a bit from its all-time high in May, dropping from $1,502,675 to $1,465,989. At the same time, single family home inventory was at the lowest level, 1.6 months, for June in 10 years. This is largely due to the fact that the number of new listings on the market in 2017 is down 8.8% from 2016 while the number of sales is up 1.3%. The incredibly tight supply coupled with strong demand pushed overbids up as well, to 115%, the highest since October, 2015. Condo listings ...

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