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
2000 $450,648 $391,000 257 26 106.5% 106.5%      
2001 $485,960 $427,750 206 36 102.3% 102.2% 7.8% 9.4% -19.8%
2002 $522,814 $465,000 293 34 103.3% 102.8% 7.6% 8.7% 42.2%
2003 $565,944 $518,000 295 41 102.5% 101.8% 8.2% 11.4% 0.7%
2004 $660,009 $630,000 314 30 107.4% 107.0% 16.6% 21.6% 6.4%
2005 $777,691 $722,500 255 32 109.4% 109.1% 17.8% 14.7% -18.8%
2006 $783,478 $735,000 203 39 102.6% 101.6% 0.7% 1.7% -20.4%
2007 $791,200 $709,500 154 46 101.8% 100.0% 1.0% -3.5% -24.1%

Southwest
(Condos/Town Homes/Flats)
  Prices Other   Percent Change
Average Median Sold DOM SP/LP SP/OLP Average Median Sold
2000 $492,692 $475,000 13 19 102.9% 102.9%      
2001 $496,000 $477,500 8 65 100.9% 100.9% 0.7% 0.5% -38.5%
2002 $495,600 $494,000 10 30 99.2% 99.2% -0.1% 3.5% 25.0%
2003 $500,283 $485,000 19 61 100.0% 98.2% 0.9% -1.8% 90.0%
2004 $488,947 $490,000 47 21 101.8% 102.2% -2.3% 1.0% 147.4%
2005 $559,380 $540,000 46 35 103.0% 102.9% 14.4% 10.2% -2.1%
2006 $543,180 $535,000 41 54 99.2% 98.5% -2.9% -0.9% -10.9%
2007 $514,661 $507,500 28 57 100.4% 98.6% -5.3% -5.1% -31.7%

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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.