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 Single Family Homes Market Update – October 2015
The number of active listings was down 4% from one year earlier and down 9% from the previous month.
As you can see, the median listing price for the month was just under $1.25 million, while the median sales price was just under $1.3 million.
Compared to last year, the average number of days that units spent on the market before being sold was down 10%. The number of units sold decreased 15% year-over-year and increased 44% month-over-month.
The Take Home
- Number of active listings: Down 4% year-over-year
- Number of active listings: Down 9% month-over-month
- Median listing price: Just under $1.25 million
- Average number of days on the market before sale: down 10%
If you’d like to know more about single family homes or anything else about the latest in San Francisco real estate, don’t hesitate to reach out. Let’s talk!