Market Update: Inner Mission Real Estate – February 2017

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.

Inner Mission Real Estate – February 2017

Welcome to February’s Inner Mission Market Update. The number of active listings was down 24% from one year earlier and down 30% from the previous month. As you can see, the median listing price for the month was just under $1.3 million, while the median sales price was $1.1 million. Compared to last year, the average number of days that units spent on the market before being sold was down 19%. The number of units sold decreased 40% year-over-year and increased 25% month-over-month.

The Take Home

• Number of active listings: Down 24% year-over-year
• Number of active listings: Down 30% month-over-month
• Median listing price: $1.29 million
• Average number of days on the market before sale: Down 19%

If you’d like to know more about Inner Mission real estate, don’t hesitate to reach out. Let's talk!

-DL