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Market Update: San Francisco Single Family Homes – August 2018

September 16, 2018

This video is part of the Danielle Lazier + Associates Monthly Market Update Video Series. Each week, we provide 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 hear more about.

San Francisco Single Family Homes – August 2018

Welcome to this month’s Market Update. The number of active single family home listings was down 15% from one year earlier, and down 3% from the previous month. The median listing price for the month was just under $320,000. Compared to last year, the average number of days that units spent on the market before being sold was down 4%. The median sale price was just under $260,000. The number of units sold decreased 5% year over year, and decreased 1% month over month.

The Take Home

  • Number of active listings: Down 15% year-over-year.
  • Number of active listings: Down 3% month-over-month.
  • Median listing price: Just under $320,000.
  • Average number of days on the market before sale: Down 4% (compared to last year).
  • Median sale price: Just under $260,000.

This report is based on the Single Family Homes market in San Francisco.

Buying a home is a big decision, whether you plan to move in or keep the property as an investment. We at Danielle Lazier + Associates are your resource for the latest trends, stories, and news about the Bay Area real estate market. Check back every week so you can be sure to make a smart, informed decision about your investment. Give us a call for expert advice anytime.

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View Full Street Address SAN FRANCISCO, CA 94114 (415) 528-7355 ©2018 VIVRE REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. IF YOUR PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY. ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED AND SHOULD BE INDEPENDENTLY REVIEWED AND VERIFIED.
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