This video is part of the Danielle Lazier + Associates 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. This week we cover San Francisco condominiums. Let us know if there is something specific you’d like to know.
San Francisco Condominiums Market Update – August 2017
The number of active listings was down 41% from one year earlier and down 20% 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 just under $1.2 million.
Compared to last year, the average number of days that units spent on the market before being sold was down 15%. The number of units sold decreased 23% year-over-year and decreased 16% month-over-month.
The Take Home
- Number of active listings: Down 41% year-over-year
- Number of active listings: Down 20% month-over-month
- Median listing price: Just under $1.2 million
- Average number of days on the market before sale: Down 15%
If you’d like to know more about San Francisco condominiums or anything else about the latest in San Francisco real estate, don’t hesitate to reach out. Let’s talk!