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 – October 2017
The number of active listings was down 30% from one year earlier and down 21% 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 $1.15 million.
Compared to last year, the average number of days that units spent on the market before being sold was down 13%. The number of units sold increased 27% year-over-year and increased 72% month-over-month.
The Take Home
- Number of active listings: Down 30% year-over-year
- Number of active listings: Down 21% month-over-month
- Median listing price: Just under $1.25 million
- Average number of days on the market before sale: Down 13%
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!