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Market Update: San Francisco Condos – July 2018

August 23, 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.

San Francisco Condos Market Update – July 2018

Welcome to this month’s Market Update. The number of active condo listings was down 32% from one year earlier, and down 27% from the previous month. The median listing price for the month was just over $1.15 million. Compared to last year, the average number of days that units spent on the market before being sold was down 16%. The median sale price was just over $1.15 million. The number of units sold increased by eight percent year over year, and decreased 13% month over month.

The Take Home

  • Number of active listings: Down 32% year-over-year.
  • Number of active listings: Down 27% month-over-month.
  • Median listing price: Just over $1.15 million.
  • Average number of days on the market before sale: Down 16% (compared to last year).

This report is based on the condo market in San Francisco.

Buying a condo 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 or give us a call for expert advice anytime.

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