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.
Bernal Heights Real Estate Market Update – May 2015
Welcome to May’s Bernal Heights Real Estate Market Update.
The number of active listings was down 52% from one year earlier and was up 27% from the previous month.
As you can see, the median listing price for the month was just over $1.05 million, while the median sales price was just under $1.2 million.
Compared to last year, the average number of days that units spent on the market before being sold went up 10%. The number of units sold decreased 20% year-over-year and decreased 14% month-over-month.
The Take Home
- Number of active listings: Down 52% year-over-year
- Number of active listings: Up 27% month-over-month
- Median listing price: Just over $1.05 million
- Average number of days on the market before sale: up 10%
If you’d like to know more about Bernal Heights real estate, don’t hesitate to reach out. Let’s talk!