San Francisco Market Update

Market Highlights

 

According to the San Francisco Multiple Listing Service, buyer activity increased single-family home prices despite fewer sales in fourth quarter of 2016.

  • The average number of days a single-family home and a condominium stayed on the market throughout the City rose 18 percent from Q4 2015 to Q4 2016.  
  • The average sales price for a single-family home across San Francisco grew 15 percent, from $1.6M in Q4 2015 to $1.8M in Q4 2016.
  •  The average sales price for a condominium stayed relatively flat at $1.2M in Q4 2016, a small 1 percent decrease from Q4 2015.

Courtesy of our friend Mary Lou Castellanos