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 – February 2016
Welcome to February’s Inner Mission Market Update.
The number of active listings was down 40% from one year earlier and did not change from the previous month.
As you can see, the median listing price for the month was just under $1.2 million, while the median sales price was $850,000.
Compared to last year, the average number of days that units spent on the market before being sold went up nearly 400%. The number of units sold decreased 56% year-over-year and increased 40% month-over-month.
The Take Home
- Number of active listings: Down 40% year-over-year
- Number of active listings: Did not change month-over-month
- Median listing price: $1.18 million
- Average number of days on the market before sale: Up 377%
If you’d like to know more about Inner Mission real estate, don’t hesitate to reach out. Let’s talk!