Market Update: Inner Mission Real Estate [video] – June 2016

 

Market Update: Inner Mission Real Estate [video] – June 2016

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 – June 2016

Welcome to June’s Inner Mission Market Update.

The number of active listings was down 7% from one year earlier and down 11% from the previous month.

As you can see, the median listing price for the month was just under $1.15 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 6%. The number of units sold decreased 50% year-over-year and decreased 17% month-over-month.

The Take Home

  • Number of active listings: Down 7% year-over-year
  • Number of active listings: Down 11% month-over-month
  • Median listing price: $1.14 million
  • Average number of days on the market before sale: Up 6%

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

-DL