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.
Welcome to March's San Francisco Single Family Homes Market Update.
The number of active listings was down 16% from one year earlier and down 15% from the previous month.
The median listing price for the month was $950 thousand, while the median sales price was $1.25 million.
Compared to last year, the average number of days that units spent on the market before being sold was up 16%. The number of units sold decreased 2% year-over-year and increased 38% month-over-month.
If you'd like to know more about San Francisco single family homes real estate, don't hesitate to reach out. Let's talk!
-DL