San Francisco Southwest District Annual Real Estate Market Trends

 

Neighborhoods

Ingleside Heights
Ingleside
Lake Shore
Lakeside
Merced Heights
Merced manor
Oceanview
Pine Lake Park
Stonestown
Southwest
(Single Family Homes)
  Prices Other   Percent Change
Average Median Sold DOM SP/LP SP/OLP Average Median Sold
2009 $630,862 $559,000 156 55 101.5% 98.6%      
2010 $622,354 $551,600 183 65 100.0% 97.5% -1.3% -1.3% 17.3%
2011 $549,797 $473,500 204 74 99.1% 95.9% -11.7% -14.2% 11.5%
2012 $601,747 $540,000 193 57 103.8% 102.6% 9.4% 14.0% -5.4%
2013 $761,590 $682,500 180 37 109.6% 108.9% 26.6% 26.4% -6.7%
2014 $849,498 $768,000 181 37 110.2% 110.0% 11.5% 12.5% 0.6%
2015 $980,743 $902,617 152 33 113.6% 113.2% 15.4% 17.5% -16.0%
2016 $1,076,696 $960,000 193 30 110.6% 111.0% 9.8% 6.4% 27.0%
2017 $1,237,458 $1,250,000 126 27 115.6% 115.1% 14.9% 30.2% -34.7%
2018 $1,291,996 $1,270,000 151 26 118.3% 117.5% 4.4% 1.6% 19.8%
2019 $1,305,719 $1,222,500 122 23 114.3% 113.0% 1.1% -3.7% -19.2%
2020 $1,292,893 $1,275,000 139 26 107.4% 106.0% -1.0% 4.3% 13.9%
2021 $1,514,738 $1,407,500 192 21 116.0% 115.4% 17.2% 10.4% 38.1%

Southwest
(Condos/Town Homes/Flats)
  Prices Other   Percent Change
Average Median Sold DOM SP/LP SP/OLP Average Median Sold
2009 $381,658 $345,000 38 80 99.6% 94.3%      
2010 $340,626 $335,000 35 96 101.0% 100.5% -10.8% -2.9% -7.9%
2011 $305,992 $297,000 42 74 97.6% 95.1% -10.2% -11.3% 20.0%
2012 $298,891 $265,000 41 99 101.2% 99.8% -2.3% -10.8% -2.4%
2013 $454,972 $453,000 32 34 109.7% 110.2% 52.2% 70.9% -22.0%
2014 $533,833 $488,000 33 37 107.8% 107.7% 17.3% 7.7% 3.1%
2015 $803,696 $637,500 52 27 105.5% 105.8% 50.6% 30.6% 57.6%
2016 $873,458 $800,000 53 31 105.7% 105.6% 8.7% 25.5% 1.9%
2017 $893,782 $712,800 37 37 104.1% 104.1% 2.3% -10.9% -30.2%
2018 $978,586 $825,000 36 29 104.8% 104.0% 9.5% 15.7% -2.7%
2019 $1,026,968 $928,000 31 59 102.0% 99.7% 4.9% 12.5% -13.9%
2020 $966,800 $870,000 30 54 100.6% 98.4% -5.9% -6.3% -3.2%
2021 $1,162,500 $1,162,500 2 8 108.2% 108.2% 20.2% 33.6% -93.3%

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DEFINITIONS

Median Price
Median Price is the price at which 50% of properties sold were above that price and 50% were below.
Average Price
Average Price is the sum of all prices divided by the number of sales.
DOM
Average Days on Market is calculated from when a property was first put on the market until it was put under contract, or taken off the market.
SP/LP
The average selling price divided by the average list price.
SP/OLP
The average selling price divided by the average original list price. This is the price the property was first listed at, with that agent.