15 August

July 2017: SF Residential Housing Market Update Featured

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Recently released July 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 $1.431M, a +9.7% increase compared to July 2016.  MSP for Condo/TIC/Coop properties is now equal to $1.175M, a +12.4% increase v. the same time last year. 

81.3% of single family homes sell above their list price and those that fall into this category receive 117% of their asking price.  As a way of comparison, 64% of Condo/TIC/Coop properties sell above their asking price, receiving 106% of their list price.   

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 344 times Last modified on Tuesday, 15 August 2017 17:23
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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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