San Francisco Condominiums – July 2017 – Market Update [video]

 

San Francisco Condominiums – July 2017 – Market Update [video]

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 – July 2017

The number of active listings was down 39% from one year earlier and down 15% 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 5%. The number of units sold decreased 12% year-over-year and decreased 32% month-over-month.

The Take Home

  • Number of active listings: Down 39% year-over-year
  • Number of active listings: Down 15% month-over-month
  • Median listing price: Just under $1.2 million
  • Average number of days on the market before sale: Down 5%

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!

-DL