This video is part of the SFhotlist Monthly Market Update Video Series. Each week, we provide you with a short video with updated information about San Francisco real estate and the neighborhoods you love. Let us know if there is something specific you'd like to know.
Welcome to May's Inner Mission Market Update.
The number of active listings was up 12% from one year earlier and up 17% from the previous month.
As you can see, the median listing price for the month was just under $1 million, while the median sales price was $1.15 million.
Compared to last year, the average number of days that units spent on the market before being sold was up 71%. The number of units sold decreased 57% year-over-year and decreased 52% month-over-month.
If you'd like to know more about Inner Mission real estate, don't hesitate to reach out. Let's talk!
-DL