Market Update: Inner Mission Real Estate [video] – April 2017

 

Market Update: Inner Mission Real Estate [video] – April 2017

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.

Inner Mission Real Estate – April 2017

Welcome to April’s Inner Mission Market Update. The number of active listings was down 36% from one year earlier and down 18% from the previous month. As you can see, the median listing price for the month was just over $1.4 million, while the median sales price was just under $1.05 million. Compared to last year, the average number of days that units spent on the market before being sold was down 22%. The number of units sold increased 25% year-over-year and decreased 6% month-over-month.

The Take Home

  • Number of active listings: Down 36% year-over-year
  • Number of active listings: Down 18% month-over-month
  • Median listing price: $1.42 million
  • Average number of days on the market before sale: Down 22%

If you’d like to know more about Inner Mission real estate, don’t hesitate to reach out. Let’s talk!

-DL