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 – October 2016
Welcome to October’s Bernal Heights Real Estate Market Update. The number of active listings was up 45% from one year earlier and up 7% from the previous month. As you can see, the median listing price for the month was just over $1.35 million, while the median sales price was just over $1.4 million.
Compared to last year, the average number of days that units spent on the market before being sold was down 16%. The number of units sold decreased 17% year-over-year and increased 12% month-over-month.
The Take Home
- Number of active listings: Up 45% year-over-year
- Number of active listings: Up 7% month-over-month
- Median listing price: $1.37 million
- Average number of days on the market before sale: Down 16%
If you’d like to know more about Bernal Heights real estate, don’t hesitate to reach out. Let’s talk!