San Francisco Housing Update April 2018

San Francisco Market is on FIRE
There are currently 599 active homes for sale here in the San Francisco as of April 1st vs 590 the month before…
In the month of March there were a total of 491 home sales vs 310 the month before.
The average sales price for March of 2018 was $1,833,554 (in February was $1,697,144).
The average sales price for March of 2018 was $1,833,554 (in February of 2017 was $1,587,742).
Average days on market in San Francisco was 27 for the month of March (34 days for the month of February).
Average property SOLD in SF in March of 2018
Bedrooms 2
Bathrooms 1.63
Square Feet 1,994
List Price $1,690,449
Selling Price $1,833,554
DOM 27
Average sale price for Single Family House in San Francisco in March of 2018 – $1,915,042 (in February was $2,165,839).
Average sale price for CondoCoopTICLoft in San Francisco in March of 2018 – $1,361,323 (in February was $1,304,617).
Average sale price for 2-4 Units in San Francisco in March of 2018 – $2,212,528 (in February was $1,965,553).
Average sale price for 5+ units in San Francisco in March of 2018 – $8,819,615 (in February was $3,709,375).
Inventory as of today – April 1st – 599 properties for sale in San Francisco.
Single-Family Homes 166
CondoCoopTICLoft 318
2-4 Units 89
5+ units 26
total – 599.
The market has remained steady for some time now and continues to be a Sellers market…
There is currently about 1 month worth of inventory, meaning if there was not another home listed, it would take about ONE month for all the current homes on the market to sell…
6 months of inventory is when it becomes a buyers market….
If you are thinking of selling anytime in the near future, now is the time to do so…
the good news for Home Sellers is there is a lot of demand for homes and now is a great time to sell if you are looking to get top dollar…
For Buyers, yes there are less homes available to sell, however interest rates are as low as we have ever seen so you are able to get more house for your money currently than
you have been able to in the past and probably than we will be able to in the future…
I will continue to keep you updated and if you need anything please feel free to call or text me at 415-385-8949 or email me at …. anytime
Sold in San Francisco
Sold in March 2018 491
Sold in February 2018 310
Sold in January 2018 248
Sold in December 2017 392
Sold in November 2017 547
Sold in October 2017 538
Sold in September 2017 378
Sold in August 2017 440
Sold in July 2017 467
Sold in June 2017 562
Sold in May 2017 502
Sold in April 2017 452
Sold in March 2017 485
Sold in February 2017 287
Sold in January 2017 271
2018
All properties for sale in SF on April 1st 2018 – 599
All properties for sale in SF on March 1st 2018 – 590
All properties for sale in SF on February 1st 2018 – 507
Out of 176 Single Family Houses sold in San Francisco in March of 2018, –
21 sold below asking price,
14 – for asking price
and 141 sold for over asking price.
31 for over $300,000,
20 for over $400,000,
12 for over $500,000,
10 for over than $600,000,
2 for over than $700,000..
1330 20th St, San Francisco CA 94107
List price Sold Price Diff neighborhood Beds Bath Age Lot Size
1,995,000 2,710,000 715,000 9 – Potrero Hill 4 2.5 1925 1672

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