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. This week we cover San Francisco condominiums. Let us know if there is something specific you'd like to know.
San Francisco Condominiums Market Update - April 2016
The number of active listings was up 34% from one year earlier and up 12% from the previous month.
As you can see, the median listing price for the month was just under $1.1 million, while the median sales price was just under $1.15 million.
Compared to last year, the average number of days that units spent on the market before being sold was up 18%. The number of units sold decreased 26% year-over-year and increased 14% month-over-month.
The Take Home
Number of active listings: up 34% year-over-year
Number of active listings: up 12% month-over-month
Median listing price: $1.09 million
Average number of days on the market before sale: up 18%
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