| Trends at a Glance | |||
| (Single-family Homes) | |||
| Nov 09 | Oct 09 | Nov 08 | |
| Home Sales: | 187 | 221 | 139 |
| Median Price: | $820,000 | $765,000 | $751,000 |
| Average Price: | $1,027,036 | $1,003,773 | $1,013,688 |
| Sale/List Price Ratio: | 100.5% | 100.3% | 99.2% |
| Days on Market: | 50 | 55 | 55 |
| (Lofts/Townhomes/TIC) | |||
| Nov 09 | Oct 09 | Nov 08 | |
| Condo Sales: | 208 | 214 | 102 |
| Median Price: | $639,000 | $642,250 | $680,000 |
| Average Price: | $749,389 | $701,268 | $813,380 |
| Sale/List Price Ratio: | 97.8% | 98.1% | 98.8% |
| Days on Market: | 71 | 79 | 62 |
The median price of single-family, re-sale homes in San Francisco saw prices up, year-over-year, for the second month in a row. The median price also went over $800,000 for the first time since August 2008.
The median price rose 7.2% from October, and it was up 9.2% compared to last November.
Sales of single-family, re-sale homes fell 15.4% last month compared to October, but were up 34.5% year-over-year. That's the fifth month in a row year-over-year sales have been higher than the year before. Year-to-date, home sales are up 1.4%.
Condo/loft sales were off 2.8% month-over-month, but up 103.9% compared to November 2008. This is the fourth month in a row condo/loft sales have been up year-over-year. Year-to-date, condo sales are off 5.1%.
The median price for lofts/condos in San Francisco dropped 0.5% from October, and was down 6% year-over-year. The average price gained 6.9% month-over-month, and was off 7.9% compared to November 2008.
Sales price to list price ratios for single-family homes rose 0.2 points to 100.5%. This is the third month in a row the sp/lp ratio has been over 100%. The ratio for condos/lofts fell 0.3 of a point to 97.8%.
The graph below shows the sales price to list price ratio as reported at sale compared to the sales price to original list price ratio.
The following chart shows the median price difference compared to the year before.
Days on market for homes fell five to 50 days. For condo/lofts, days on market dropped eight days to 71 days.
The real estate market is very hard to generalize. It is a market made up of many micro markets. For complete information on a particular neighborhood or property, or for an evaluation of your home's worth, call me.
If I can help you devise a strategy, call or click the buying or selling link in the menu to the left.
Complete monthly sales statistics for San Francisco are below. Monthly graphs are available for each district in the city by clicking the links to the left.
| November Sales Statistics | |||||||||||
| (Single-family Homes) | |||||||||||
| Prices | Unit | Change from last year | Change from last month | ||||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | Median | Average | Sales | |
| San Francisco | $820,000 | $1,027,036 | 187 | 50 | 97.9% | 9.2% | 1.3% | 34.5% | 2.3% | 7.2% | -15.4% |
| D1: Northwest | $1,200,000 | $1,670,800 | 15 | 52 | 96.3% | 2.9% | 28.1% | 25.0% | 32.3% | 11.6% | 36.4% |
| D2: Central West | $770,000 | $810,482 | 33 | 47 | 99.2% | -1.9% | -1.0% | 17.9% | 3.2% | 2.4% | -23.3% |
| D3: Southwest | $626,500 | $675,667 | 6 | 45 | 100.6% | 1.1% | 1.8% | -57.1% | 3.3% | 13.9% | -73.9% |
| D4: Twin Peaks | $890,000 | $974,074 | 27 | 55 | 96.9% | -16.0% | -32.8% | 35.0% | -9.6% | -6.8% | 8.0% |
| D5: Central | $1,025,000 | $1,240,265 | 35 | 42 | 99.9% | -26.9% | -34.9% | 169.2% | 9.6% | -7.9% | 75.0% |
| D6: Central North | $1,050,000 | $1,060,857 | 7 | 84 | 95.0% | 110.0% | 112.2% | 600.0% | -26.8% | -35.6% | -12.5% |
| D7: North | $3,500,000 | $3,916,300 | 5 | 79 | 91.6% | 25.0% | 35.3% | 25.0% | 20.3% | 39.7% | -64.3% |
| D8: Northeast | $1,850,000 | $2,116,667 | 3 | 32 | 100.1% | n/a | n/a | n/a | -14.9% | -25.6% | 50.0% |
| D9: Central East | $850,000 | $832,368 | 19 | 55 | 99.5% | 6.6% | -3.2% | 111.1% | -1.8% | 6.3% | -20.8% |
| D10: Southeast | $480,000 | $467,893 | 37 | 48 | 100.9% | -7.2% | -8.6% | -2.6% | -11.8% | -10.8% | -27.5% |
| November Sales Statistics | |||||||||||
| (Condos/TICs/Co-ops/Lofts) | |||||||||||
| Prices | Unit | Change from last year | Change from last month | ||||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | Median | Average | Sales | |
| San Francisco | $639,000 | $749,389 | 208 | 71 | 97.8% | -6.0% | -7.9% | 103.9% | 6.9% | -0.5% | -2.8% |
| D1: Northwest | $697,500 | $663,500 | 4 | 49 | 98.6% | -13.9% | -31.0% | -20.0% | 3.3% | 16.3% | -60.0% |
| D2: Central West | $795,000 | $795,000 | 1 | 6 | 102.0% | 19.5% | 22.4% | -80.0% | 96.3% | 96.3% | -50.0% |
| D3: Southwest | $490,000 | $461,667 | 3 | 69 | 97.7% | 50.8% | 42.1% | 50.0% | 34.4% | 63.3% | -40.0% |
| D4: Twin Peaks | $549,000 | $547,762 | 13 | 61 | 99.2% | -27.7% | -27.8% | 1200.0% | 32.2% | 51.4% | 225.0% |
| D5: Central | $750,000 | $782,705 | 44 | 56 | 99.6% | 0.4% | 6.9% | 100.0% | 14.8% | 13.5% | -4.3% |
| D6: Central North | $572,500 | $566,638 | 20 | 37 | 97.4% | -12.3% | -15.9% | 81.8% | -9.5% | -10.5% | -20.0% |
| D7: North | $802,000 | $877,550 | 20 | 63 | 95.6% | -17.7% | -24.2% | 122.2% | -9.0% | -5.3% | -20.0% |
| D8: Northeast | $635,000 | $856,406 | 44 | 85 | 99.2% | -0.4% | -25.1% | 120.0% | 1.3% | -6.4% | 29.4% |
| D9: Central East | $634,000 | $767,966 | 52 | 92 | 96.0% | 0.4% | 22.4% | 100.0% | 15.3% | -1.6% | -5.5% |
| D10: Southeast | $435,000 | $425,588 | 7 | 73 | 95.5% | 15.7% | 13.2% | 600.0% | 14.3% | 7.5% | -12.5% |
This page is copyrighted by https://rereport.com. All rights are reserved.