Print this page
12 December

November 2017: San Francisco Housing Market Stats Featured

Written by 

November 2017 sales further establish an overall trend for San Francisco’s housing market this year:  low inventory combined with homes selling in fewer days for higher prices. 

Recently released report by SF Association of Realtors shows the following trends: 

Median Sales Price (“MSP”) of single family homes is now equal to $1.5M, a +10.9% increase compared to November 2016.  MSP for Condo/TIC/Coop properties reached a historic high of $1.237M, a +12.3% increase v. the same time last year. 

81% of single family homes sold above their list price and those that fell into this category received 116% of their asking price.  As a way of comparison, 59% of Condo/TIC/Coop properties sold above their asking price, receiving 105% of their list price.  

Proposed tax legislation could have ramifications on housing. For more details, please download the enclosed copy of the report. 

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 959 times Last modified on Tuesday, 12 December 2017 22:26
Rate this item
(1 Vote)
Kate Stanton

Latest from Kate Stanton