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 – April 2018
The number of active listings was down 29% from one year earlier and down 14% from the previous month.
As you can see, the median listing price for the month was just under $1.3 million, while the median sales price was just under $1.25 million.
Compared to last year, the average number of days that units spent on the market before being sold was down 19%. The number of units sold increased 21% year-over-year and decreased 2% month-over-month.
The Take Home
- Number of active listings: Down 29% year-over-year
- Number of active listings: Down 14% month-over-month
- Median listing price: Just under $1.3 million
- Average number of days on the market before sale: Down 19%
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-DL