This video is part of the Danielle Lazier + Partners Monthly Market Update Video Series. Each week, we provide you with a short video with updated information about San Francisco real estate and the neighborhoods you love. This week we cover San Francisco condominiums. Let us know if there is something specific you’d like to know.
San Francisco Condominiums Market Update – June 2017
The number of active listings was down 45% from one year earlier and down 24% from the previous month.
As you can see, the median listing price for the month was $1.2 million, while the median sales price was $1.5 million.
Compared to last year, the average number of days that units spent on the market before being sold was up 3%. The number of units sold increased 12% year-over-year and increased 13% month-over-month.
The Take Home
- Number of active listings: Down 45% year-over-year
- Number of active listings: Down 24% month-over-month
- Median listing price: $1.2 million
- Average number of days on the market before sale: Up 3%
If you’d like to know more about San Francisco condominiums or anything else about the latest in San Francisco real estate, don’t hesitate to reach out. Let’s talk!