Below are some market statistics I regularly use when working with clients to help us get a picture of the market in San Francisco. What is surprising about this last 6-months compared to other years is the amount of property that is selling and the attractive pricing. This 6-month period does not show the successive price drops in the past several years when the average price of a 3-bedroom home was more in the neighborhood of $1,400,000 than $1,190,000. In recent months there also have been some substantial increases in inventories in all categories and many again at very attractive prices. In the last week there has also been a nice interest rate drop and conforming 30-year loans are available well below 5% with a 20% down payment. Attractive financing and pricing as well as substantial inventories make this a great time to look for a home in San Francisco. Please call me if I can help you.
San Francisco Market Data as of Sunday June 30, 2010
Currently there are 609 Single Family Homes and 1319 Condos/TIC/Lofts listed for sale on the Multiple Listing Service in Districts 1-9 in San Francisco.
Last 180 Days:
937 Single Family Homes sold after an average of 58 days on the market.
1223 Condo/T.I.C/Loft sold after an average of 74 days on the market.
Same 180 day period 1 year ago
645 Single Family Homes sold after an average of 62 days on the market.
777 Condos/TIC/Lofts sold after an average of 76 days on the market.
The information is based on:
A 3 bedroom 2 bath home of approximately 2,000 sq ft. and a 2 bedroom 1.5 bathroom Condo of approximately 1,200 sq ft.
All data subject to ERRORS, OMISSIONS, or REVISIONS and is NOT WARRANTED. – Copyright: 2006 by San Francisco Assoc of REALTORS Copyright © 2007 Rapattoni
Posted by: 
Bill Wygant
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