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.

San Francisco Condominiums - Real Estate Market Update – August 2015

Let's take a look at San Francisco condominiums this past August.

The number of active listings was down 28% from one year earlier and was down 12% from the previous month.

The median listing price for the month was just under $1 million, while the median sales price was just under $1.05 million.

Compared to last year, San Francisco condominiums are moving slower. The average number of days units spent on the market before being sold was down 9%.

Inventory continues to be low - the number of units sold decreased 25% year-over-year and decreased 18% month-over-month.

The Take Home

• Number of active listings: Down 28% year-over-year
• Number of active listings: Down 12% month-over-month
• Median listing price: Just under $1 million
• Average number of days on the market before sale: Down 9%

If you, a friend, or a colleague is interested in buying San Francisco condominiums, let's talk about it. We'll find a property you'll love.

-DL