San Francisco Real Estate January 2008 Single Family Home Market Wrap |
|
For all reports: (Report includes map of |
Click on the image to the left for the report (pdf). While many other real estate sites and news shows talk about how bad the real estate market is, January 2008 stats (published and released by the San Francisco Association of Realtors) show continued strength for San Francisco single-family home sales. While four out of ten districts (4, 8, 9 & 10) had sales decreases in the number of transactions, only two districts had price decreases, Districts 9 and 10. District 5 had 13 transactions in January 2007 at a median sales price of $1,180,000, while in January 2008 there were 17 transactions at a median selling price of $1,530,000. And Days on Market fell from 66 to 48 in the same time period. Districts 1, 2 & 4 also saw median price increases of over $200,000 year over year as well. Local buyers, relocation buyers and international buyers are all participating strongly in the San Francisco real estate market with most of the better properties selling faster than almost anytime in the last year. 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 |

.jpg)