For all reports:
http://stats.sfcondomap.com 

San Francisco's December Single Family Home Sales Market Wrap

(click on the image to the left for the pdf of the report)

The numbers are the typical numbers that you expect as of late from San Francisco. Total volume down while prices are up. District 1 went from $971,250 to $1,215,000 Dec 06 to Dec 07. District 3 from $754,700 to $605,000..this is part of the weaker market in the southern part of The City.

District 5 was a superstar as always, $1,450,000 from $1,090,000 in the same time period (though sales totals went from 26 in '06 to 13 in '07). District 7 had the best showing by call accounts. Doubled the sales total and more than doubled the price points. 3 sales in Dec 06 averaging $1,850,000 to 6 sales in Dec 07 averaging $4,005,000!! Email me for the info on these listings!

If you are looking to buy or sell property in San Francisco, please contact me for a comparative market analysis and to review our sales & marketing plan for your property or to talk about buying a place.

Scott Pierce
local: 415-595-3519
toll free: 800-788-8508
SFCondoMap: Where people find properties

For all reports:
http://stats.sfcondomap.com 

San Francisco's November Single Family Home Sales Market Wrap

(click on the image to the left for the pdf of the report)

If you are looking to buy or sell property in San Francisco, please contact me for a comparative market analysis and to review our sales & marketing plan for your property or to talk about buying a place.

Scott Pierce
local: 415-595-3519
toll free: 800-788-8508
SFCondoMap: Where people find properties

(Click on the image for a
PDF of the report)

Please forward this
report to others at
the link below.

October Single Family Homes Sales Activity for 2007 vs. 2006.
(From the San Francisco Association of Realtors)

Sales prices up while total sales and DOM are down.

In almost all districts the number of sales were down, while the prices were up and days on market (DOM) was lower. In other words, the homes that do come on the market tend to sell faster and for more money.

District 4 (Diamond Heights, Forest Hill, St. Francis Wood, West Portal, etc) is one of the best selling districts in San Francisco. Sales up from 28 in October 2006 to 36 in Oct. '07! Prices were up from $980,000 to $1,001,500 this year. Welcome to the Million Dollar Club. DOM fell from 52 to 36.

District 9 (SOMA, South Beach, Inner Mission, Bernal Heights, etc) though never typical, was typical as far as the month for most districts. The number of sales fell from 24 in Oct 2006 to 17 in Oct. 2007. Prices were up from $775,000 to $949,000 in Oct. '07 while DOM is 32 down from 44!

District 3 (Ingleside, Lakeside, Stonestone, etc) did fall from $735,000 in 2006 to $700,000 last month. Number of sales down from 26 to 13 and DOM up to 47 from 45.

District 10 (Bayview, Hunters Point, Outer Mission, etc) also saw fall offs in prices and number of transactions ($715,000 to $635,000 and 51 to 39). DOM grew to 59 from 45.

Overall? There is not a lot of great inventory. This is the natural regulation of the market. When good properties come on the market, they sell. And there are not a lot of new Single Family Homes being built in San Francisco.

If you are looking for a single family home the good news is that it is not a total frenzy all the time. Though a number of homes are receiving multiple offers without even a Sunday showing.

For buyers, the key is to do your homework and be prepared to act quickly when you find a place that is right for you.

For home sellers, pricing and home preparation are key. Overpriced properties that do not show well are not selling in this market.

Written by Scott Pierce

This article is written based on information from the San Francisco Association of Realtors dated 11/13/07. Please contact me with any questions or for further information.

Homeowners who are thinking about selling their home are encouraged to contact me regarding my sales & marketing plan for selling your home.

Single-Family Homes

District 1

September 2006

September 2007

Number of Sales

18

19

Median Selling Price

1,150,000

1,075,000

Average DOM

33

29

District 2

September 2006

September 2007

Number of Sales

49

23

Median Selling Price

811,000

845,000

Average DOM

36

39

District 3

September 2006

September 2007

Number of Sales

18

11

Median Selling Price

719,500

688,000

Average DOM

29

35

District 4

September 2006

September 2007

Number of Sales

29

20

Median Selling Price

979,000

1,002,500

Average DOM

33

31

District 5

September 2006

September 2007

Number of Sales

33

15

Median Selling Price

1,195,000

1,200,000

Average DOM

42

30

District 6

September 2006

September 2007

Number of Sales

2

3

Median Selling Price

1,425,000

1,805,000

Average DOM

28

42

District 7

September 2006

September 2007

Number of Sales

8

6

Median Selling Price

2,192,500

3,082,500

Average DOM

48

49

District 8

September 2006

September 2007

Number of Sales

2

2

Median Selling Price

4,455,000

1,350,000

Average DOM

292

53

District 9

September 2006

September 2007

Number of Sales

21

15

Median Selling Price

835,000

875,000

Average DOM

36

29

District 10

September 2006

September 2007

Number of Sales

60

37

Median Selling Price

697,500

650,000

Average DOM

47

47

District 11

September 2006

September 2007

Number of Sales

38

10

Median Selling Price

734,050

643,000

Average DOM

36

88