11 July

June 2017: SF's Residential Housing Market Trends (all property types) Featured

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June 2017 housing market report by SF Association of Realtors shows the following local real estate trends: 

Median Sales Price (“MSP”) of single family homes is now equal to $1.468M, a 10.8% increase compared to the same time last year.  On the other hand, MSP for Condo/TIC/Coop properties is now equal to $1.145M, a -2.6% decrease v. June 2016. 

80.3% of single family homes sold above their list price and those that fell into this category received 117% of their asking price.  As a way of comparison, 60.6% of Condo/TIC/Coop properties sell above their asking price, receiving 106% of their list price.   

Summer months are generally slower in terms of housing market activity but post-Labor Day time period typically brings a surge of listings and stats for the subsequent months will help to further determine market trends.     

For more details, please download the enclosed copy of the report.  Please contact me should you have any questions regarding local real estate market

With best wishes,

KATE STANTON

Associate Broker, Pricing Strategy Advisor (PSA®)

CalBRE No:  01445813

This email address is being protected from spambots. You need JavaScript enabled to view it.

www.sfbykate.com 

c: +1 (415) 601-0926 

 

Disclaimer:  Information provided herein was derived from public sources deemed reliable, it is intended for information purposes only, may contain errors and is subject to revision.

Read 450 times Last modified on Tuesday, 11 July 2017 23:41
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About Kate

As a long-term resident of San Francisco, Kate is well familiar with the city’s past and present. With her professional background and deep knowledge of the local housing market, Kate is in the position to best assist with your real estate needs. Should you be looking for a recommendation on the upcoming cultural or social events and/or if you need a trusted local real estate advisor, ask Kate – San Francisco is her HOME.

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Contact Kate

Address: 1801 Lombard Street, San Francisco, CA 94123

Mobile: +1.415.601.0926

Email: ekaterina.stanton@gmail.com

Associate Broker

CalBRE No:  01445813

 

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