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.
Bernal Heights Real Estate Market Update – May 2016
Welcome to May’s Bernal Heights Real Estate Market Update.
The number of active listings was down 5% from one year earlier and down 34% 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 just over $1.25 million.
Compared to last year, the average number of days that units spent on the market before being sold was up 4%. The number of units sold increased 67% year-over-year and increased 100% month-over-month.
The Take Home
- Number of active listings: Down 5% year-over-year
- Number of active listings: Down 34% month-over-month
- Median listing price: $999,000
- Average number of days on the market before sale: Up 4%
If you’d like to know more about Bernal Heights real estate, don’t hesitate to reach out. Let’s talk!