San Francisco Market Trends

November 13, 2008 · Leave a Comment 

Filed Under Market Update

Two Year Market statistics San Francisco

Here are the numbers as sourced from Broker Metrics for San Francisco area.
This is a 2 Year Comparison from the month of September 2006 to the month of September 2008.
Single Family Homes All SF as of September 2008:

  1. Median sales price is down 6% from 835,000 in 2006 to 782,500 in 2008
  2. Months Supply of Inventory is up 42% from 2.7 in 2006 to 3.8 in 2008 (it is down from 4.45 in 2007)
  3. Days on Market was 34 in 2006, 31 in 2007, and 44 in 2008

Condos All SF as of September 2008

  1. Median sales price is flat. It was 738,250 in 2006 and is 735,000 in 2008 (it is also flat from 07)
  2. Months Supply of Inventory is up 30% from 3.6 in 2006 to 4.7 in 2008
  3. Days on Market was 41 in 2006, 38 in 2007 and is currently 53 for 2008

Additional Information

Related posts:

  1. San Francisco Market Meltdown??
  2. The GOLDMAN REPORT- Weekly market Update
  3. Lower your property taxes??

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  • Tom Carlson
    Real Estate since 1980
    Broker Associate

    Pacific Union International
    601 Van Ness Ave, Suite S
    San Francisco, CA 94102


    Cell: 415-518-0671
    Fax: 866-501 2608


    DRE#00789513

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    "If you treat your clients like GOLD, then you will never be poor."

    Is now the best time to buy or sell? Call Tom for a FREE no obligation consultation!

    Since 1980, Tom has been active in buying and selling San Francisco Real Estate. Whether it is a home, condo, TIC units, or Investment Property, give Tom a call to discuss the possibilities. Tom has personally purchased and resold over 50 properties in the greater Bay Area giving him the “hands on” experience to help guide you through your next real estate transaction and to maximize your profit. Also familiar with FORECLOSURES, Tax Deferred Exchanges and Investments.

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