We use cookies in order to save your preferences so we can provide a feature-rich, personalized website experience. We also use functionality from third-party vendors who may add additional cookies of their own (e.g. Analytics, Maps, Chat, etc). Read more about cookies in our Privacy Policy and Terms of Service. If you do not accept our use of Cookies, please do not use the website.

January Real Estate Update (2016 recap)

February 08 2017
February 08 2017

SFR Median Sales Price: $1,350,000
SFR Avg. Days on Market: 36
Total Units Sold: 1301
SFR % List Price Received: 108%

Our monthly Real Estate Insights monitors sales trends which are essential to staying on top of the market. Our Quarterly Review, highlighting trends from the past three years, allows us to both understand the current market in a broader context and gives us a sense of where it is headed. With this in mind, our Quarterly Review shows home sales continue the trend we have seen in previous quarters, with fewer sales than last year but a better balance between buyers and sellers. Though we saw a slight increase in inventory, there was still reluctance among sellers to reduce prices, causing the pace of sales to slow. At the same time, the more cautious homebuyer participating in this market was less likely to engage in a bidding war. This trend continues to show the leveling market.

Median Sales Price

Reviewing the Numbers and Looking Ahead

Reviewing the numbers, the increase in median sales price for single-family homes rose 8% when comparing Q4 2015 to Q4 2016. Signaling the leveling market, there was an 11% increase when comparing Q4 2014 to Q4 2015 and 20% increase when comparing Q4 2013 to Q4 2014. Condominiums did see a decrease in median sales price between Q4 2015 and Q4 2016, with a 3% decline. As signs of leveling continue to show, increase in median sales price for both single-family homes and condominiums over the three year period indicates San Francisco remains a robust housing market.

Average Days on Market

Average Days on Market

# Unites Sold

Units Sold

Looking ahead: the recent increase in mortgage rates covered in our last newsletter, along with uncertainty around the new administration, may lead to a softer first quarter than previous years. San Francisco is one of the strongest housing markets in the country and will continue to demonstrate that throughout 2017.

% List Price Received

List Price Received

Month's Supply of Inventory

Months Supply of Inventory

Units Sold by District

Units Sold by District

Median Sale Price by District

Median Sale Price by District


Leave a Comment

Email Help Tip
Characters Remaining: 5000



August 28, 2018 1:03 AM
Excellent Blog! I would like to thank for the efforts you have made in writing this post. I am hoping the same best work from you in the future as well. I wanted to thank you for this websites! mercedes benz Thanks for sharing. Great websites!    


August 28, 2018 3:31 AM

There is nothing worried about but happy to know you are back on your blog and read to share more interesting updates with your followers. Buy Justice League Jacket Online You must explore the world and enjoy the beautiful days with your friends and family members

Mikayla Lienhop

September 12, 2018 3:18 AM

Recap of the real estate property and rate is given for the safety of the buyers. Majority of the businesses of the real estate have been going on the high and is fixed for the awareness of the new comes of the field. This has been viewed as good step by the administration.