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 – March 2018
The number of active listings was down 33% from one year earlier and down 22% from the previous month.
As you can see, the median listing price for the month was $1.25 million, while the median sales price was just $1.25 million.
Compared to last year, the average number of days that units spent on the market before being sold was down 14%. The number of units sold decreased 2% year-over-year and increased 41% month-over-month.
The Take Home
- Number of active listings: Down 33% year-over-year
- Number of active listings: Down 22% month-over-month
- Median listing price: Just under $1.25 million
- Average number of days on the market before sale: Down 14%
So we’ve found a few amazing statistics about market updates in 2018 and how you can turn them to your advantage.. 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. We are simply the best solution!