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 – October 2016
Welcome to October’s Inner Mission Market Update. The number of active listings was up 27% from one year earlier and up 27% from the previous month. As you can see, the median listing price for the month was just under $1 million, while the median sales price was just over $1.15 million. Compared to last year, the average number of days that units spent on the market before being sold was up 9%. The number of units sold increased 21% year-over-year and increased 6% month-over-month.
The Take Home
- Number of active listings: Up 27% year-over-year
- Number of active listings: Up 27% month-over-month
- Median listing price: $995,000
- Average number of days on the market before sale: Up 9%
If you’d like to know more about Inner Mission real estate, don’t hesitate to reach out. Let’s talk!