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DECEMBER 2020 Report – San Francisco Real Estate Market Update for November 2020


The number of homes in the Overall Sales category sold in NOVEMBER decreased slightly from the previous month but were more than a year ago in the San Francisco Real Estate Market. However, the average sale prices versus list price is about the same as the previous month as well as a year ago. These numbers reflect the homes sold (for the most part) in the previous month given a typical 30 day close. Days on the market were about the same as the previous month as well as a year ago.

If you are thinking of selling this is still a GOOD time to BUY. And it can be a great time to SELL with the right agent. Whether you are buying or selling, call Janis Stone at 866-224-8024 or Bethany Patten at 415-235-9077 TODAY!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

November 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 56 $3,475,576 $3,488,653 100.38% 35
Single Family Under $2M 162 $1,293,817 $1,392,419 107.62% 29
Condominium 274 $1,324,187 $1,323,709 99.96% 46
Loft Condo 16 $1,054,938 $1,043,531 98.92% 70
Co-op 5 $641,180 $658,822 102.75% 44
TIC 28 $1,367,107 $1,356,272 99.17% 60
ALL * 608 $1,670,151 $1,696,068 101.55% 41

October 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 93 $3,023,020 $3,074,627 101.71% 30
Single Family Under $2M 192 $1,273,525 $1,395,076 109.54% 24
Condominium 245 $1,285,809 $1,290,443 100.36% 39
Loft Condo 13 $986,538 $1,002,692 101.64% 36
Co-op 2 $1,972,000 $1,969,500 99.87% 4
TIC 30 $1,068,200 $1,093,117 102.33% 56
ALL * 624 $1,629,477 $1,672,031 102.61% 35

November 2019 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 54 $3,383,750 $3,490,897 103.17% 26
Single Family Under $2M 142 $1,271,804 $1,430,893 112.51% 23
Condominium 221 $1,273,757 $1,330,814 104.48% 33
Loft Condo 11 $1,184,727 $1,246,877 105.25% 27
Co-op 5 $1,866,000 $1,853,500 99.33% 49
TIC 25 $1,232,400 $1,292,560 104.88% 35
ALL * 493 $1,603,959 $1,691,512 105.46% 31

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and 5+ Units. (If you add all categories, 5+ units accounts for the extra numbers.)** Figures subject to change as Multiple Listing Service is updated.+ Formerly, condominium statisticsincluded condos, co-op, lofts and TICs.Realtor.com is the official site of the NationalAssociation of Realtors® (NAR) and is a search engine for realestate nationwide. Realtor.comhas all of San Francisco’s listed homes and condominiums.

NOVEMBER 2020 Report – San Francisco Real Estate Market Update for October 2020

October 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 93 $3,023,020 $3,074,627 101.71% 30
Single Family Under $2M 192 $1,273,525 $1,395,076 109.54% 24
Condominium 245 $1,285,809 $1,290,443 100.36% 39
Loft Condo 13 $986,538 $1,002,692 101.64% 36
Co-op 2 $1,972,000 $1,969,500 99.87% 4
TIC 30 $1,068,200 $1,093,117 102.33% 56
ALL * 624 $1,629,477 $1,672,031 102.61% 35

September 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 85 $2,874,235 $2,936,531 102.17% 26
Single Family Under $2M 152 $1,275,053 $1,376,480 107.95% 24
Condominium 256 $1,325,978 $1,324,443 99.88% 41
Loft Condo 15 $1,156,767 $1,133,300 97.97% 47
Co-op 7 $2,832,143 $2,791,857 98.58% 96
TIC 33 $1,187,301 $1,204,342 101.35% 50
ALL * 576 $1,579,463 $1,613,141 102.13% 36

October 2019 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 90 $2,693,033 $2,912,371 108.14% 19
Single Family Under $2M 159 $1,183,302 $1,355,385 114.54% 23
Condominium 216 $1,408,617 $1,485,569 105.46% 26
Loft Condo 18 $1,111,767 $1,146,767 103.15% 36
Co-op 6 $1,790,833 $1,816,333 101.42% 60
TIC 17 $1,155,583 $1,182,671 102.32% 42
ALL * 557 $1,677,802 $1,798,123 107.17% 28

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and 5+ Units. (If you add all categories, 5+ units accounts for the extra numbers.)** Figures subject to change as Multiple Listing Service is updated.+ Formerly, condominium statisticsincluded condos, co-op, lofts and TICs.Realtor.com is the official site of the NationalAssociation of Realtors® (NAR) and is a search engine for realestate nationwide. Realtor.comhas all of San Francisco’s listed homes and condominiums.

OCTOBER 2020 Report – San Francisco Real Estate Market Update for September 2020


The number of homes in the Overall Sales category sold in SEPTEMBER decreased significantly from the previous month but were more than a year ago in the San Francisco Real Estate Market. However, the average sale prices versus list price is lower from the previous month as well as a year ago. These numbers reflect the homes sold (for the most part) in the previous month given a typical 30 day close. Days on the market were about the same as the previous month as well as a year ago.

What do these numbers mean? we’re starting to sound like a broken record, but as you can see, single family homes UNDER $2M (on average) continue to be the best performer. The average increase was almost 8% over the asking price, slightly less than the previous month and below a year ago. For the first time in a long time we have 3 categories that sold, on average, under the asking price. These were all in the generalized CONDO categories which tells us that buyers are most likely able to negotiate a better price with the seller.

If you are thinking of selling this is still a GOOD time to BUY. And it can be a great time to SELL with the right agent. Whether you are buying or selling, call Janis Stone at 866-224-8024 or Bethany Patten at 415-235-9077 TODAY!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

September 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 85 $2,874,235 $2,936,531 102.17% 26
Single Family Under $2M 152 $1,275,053 $1,376,480 107.95% 24
Condominium 256 $1,325,978 $1,324,443 99.88% 41
Loft Condo 15 $1,156,767 $1,133,300 97.97% 47
Co-op 7 $2,832,143 $2,791,857 98.58% 96
TIC 33 $1,187,301 $1,204,342 101.35% 50
ALL * 576 $1,579,463 $1,613,141 102.13% 36

August 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 306 $3,285,850 $3,287,219 100.04% 33
Single Family Under $2M 544 $1,299,200 $1,413,790 108.82% 23
Condominium 831 $1,357,862 $1,358,441 100.04% 42
Loft Condo 56 $1,299,071 $1,266,232 97.47% 55
Co-op 19 $1,131,842 $1,098,632 97.93% 62
TIC 102 $1,133,412 $1,134,914 100.13% 35
ALL * 2031 $1,702,989 $1,730,571 101.62% 36

September 2019 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 38 $3,495,762 $3,714,976 106.27% 33
Single Family Under $2M 84 $1,205,345 $1,357,295 112.61% 26
Condominium 157 $1,416,787 $1,472,054 103.90% 33
Loft Condo 7 $1,084,929 $1,158,643 106.79% 29
Co-op 4 $1,298,500 $1,345,000 103.58% 95
TIC 17 $1,342,882 $1,413,765 105.28% 42
ALL * 354 $1,770,391 $1,862,813 105.22% 34

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and 5+ Units. (If you add all categories, 5+ units accounts for the extra numbers.)** Figures subject to change as Multiple Listing Service is updated.+ Formerly, condominium statisticsincluded condos, co-op, lofts and TICs.Realtor.com is the official site of the NationalAssociation of Realtors® (NAR) and is a search engine for realestate nationwide. Realtor.comhas all of San Francisco’s listed homes and condominiums.

SEPTEMBER 2020 Report – San Francisco Real Estate Market Update for August 2020


Let us preface this by saying we have not seen numbers quite like this in a very long time. The number of homes in the Overall Sales category sold in AUGUST were over 4 times as many from the previous month and 5 times as many as a year ago in the San Francisco Real Estate Market. In spite of the continued COVID-19 pandemic lock down (or maybe because of it?), restrictions by the City of San Francisco and the Black Lives Matter violence continues to have a lot to do with people leaving the San Francisco real estate market. As you can see. the average sale price overall versus list price is a little less than last month but much more than a year ago. These numbers reflect the homes sold (for the most part) in the previous month given a typical 30 day close. Average days on the market were slightly higher than last month as well as a year ago.

What do these current numbers all mean? As you can see, single family homes UNDER $2M (on average) continue to be the best performer. The average increase was almost 9% over the asking price, more than the previous month but below a year ago indicating fewer over asking price offers in all the categories we track. We are noticing is the significant increase in people selling their homes. But at the same time there are buyers ready to take the place of those leaving. The rest of the categories are getting closer and closer to “normal” markets (100% of asking price or less) in other categories. As stated above, the number of homes sold were over 4 times as many last month and 5 times as many as a year ago.

If you are thinking of selling this is still a GOOD time to BUY. And it can be a great time to SELL with the right agent. Whether you are buying or selling, call Janis Stone at 866-224-8024 or Bethany Patten at 415-235-9077 TODAY!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

August 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 306 $3,285,850 $3,287,219 100.04% 33
Single Family Under $2M 544 $1,299,200 $1,413,790 108.82% 23
Condominium 831 $1,357,862 $1,358,441 100.04% 42
Loft Condo 56 $1,299,071 $1,266,232 97.47% 55
Co-op 19 $1,131,842 $1,098,632 97.93% 62
TIC 102 $1,133,412 $1,134,914 100.13% 35
ALL * 2031 $1,702,989 $1,730,571 101.62% 36

July 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 8 $3,178,143 $3,209,897 101.00% 31
Single Family Under $2M 130 $1,303,144 $1,406,026 107.89% 23
Condominium 211 $1,454,415 $1,462,109 100.53% 35
Loft Condo 17 $1,075,059 $1,056,765 98.30% 33
Co-op 10 $1,140,700 $1,112,000 97.48% 93
TIC 20 $1,302,900 $1,321,388 101.42% 43
ALL * 464 $1,731,390 $1,764,529 101.91% 34

August 2019 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 50 $2,648,158 $2,823,795 106.63% 27
Single Family Under $2M 110 $1,192,677 $1,385,686 116.18% 25
Condominium 163 $1,370,038 $1,440,066 105.11% 32
Loft Condo 7 $801,573 $842,716 105.13% 41
Co-op 3 $1,278,000 $1,257,000 98.36% 59
TIC 13 $1,193,482 $1,253,577 105.04% 30
ALL * 393 $1,596,713 $1,708,001 106.97% 31

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and 5+ Units. (If you add all categories, 5+ units accounts for the extra numbers.)** Figures subject to change as Multiple Listing Service is updated.+ Formerly, condominium statisticsincluded condos, co-op, lofts and TICs.Realtor.com is the official site of the NationalAssociation of Realtors® (NAR) and is a search engine for realestate nationwide. Realtor.comhas all of San Francisco’s listed homes and condominiums.

AUGUST 2020 Report – San Francisco Real Estate Market Update for July 2020

The number of homes in the Overall Sales category sold in JULY increased again from the previous month but was much less than a year ago in the San Francisco Real Estate Market. The continued COVID-19 pandemic lock down, restrictions by the City of San Francisco and the Black Lives Matter violence continues to have a lot to do with changing the real estate market.

As you can see. the average sale price versus list price is about the same as last month but was well less than a year ago. These numbers reflect the homes sold (for the most part) in the previous month given a typical 30 day close. Average days on the market were slightly higher than last month as well as a year ago.

What do these current numbers all mean? As you can see, single family homes UNDER $2M (on average) continue to be the best performer. The average increase was more than 7% over the asking price, slightly less than the previous month and way below a year ago indicating fewer over asking price offers. Buyers seem to finally be in the driver’s seat. The rest of the categories are getting closer and closer to “normal” markets in other areas. The number of homes increased from last month but were less than a year ago. Once again we have two categories where the average sales price dipped under the average list price. This would indicate that there are fewer multiple offers and offers coming in for LESS than the listing price.

If you are thinking of selling this is still a GOOD time to BUY. And it can be a great time to SELL with the right agent. Whether you are buying or selling, call Janis Stone at 866-224-8024 or Bethany Patten at 415-235-9077 TODAY!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

July 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 8 $3,178,143 $3,209,897 101.00% 31
Single Family Under $2M 130 $1,303,144 $1,406,026 107.89% 23
Condominium 211 $1,454,415 $1,462,109 100.53% 35
Loft Condo 17 $1,075,059 $1,056,765 98.30% 33
Co-op 10 $1,140,700 $1,112,000 97.48% 93
TIC 20 $1,302,900 $1,321,388 101.42% 43
ALL * 464 $1,731,390 $1,764,529 101.91% 34

June 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 91 $3,538,032 $3,540,299 100.06% 27
Single Family Under $2M 125 $1,306,382 $1,411,946 108.08% 23
Condominium 142 $1,408,334 $1,411,849 100.25% 31
Loft Condo 11 $1,100,355 $1,074,931 97.69% 43
Co-op 3 $4,031,667 $3,900,000 96.73% 86
TIC 18 $1,328,944 $1,298,333 97.70% 44
ALL * 361 $1,901,277 $1,924,209 101.21% 30

July 2019 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 62 $3,117,904 $3,356,337 107.65% 25
Single Family Under $2M 141 $1,178,194 $1,374,543 116.66% 22
Condominium 197 $1,255,698 $1,341,074 106.84% 31
Loft Condo 14 $1,098,500 $1,173,214 106.80% 17
Co-op 4 $1,749,750 $1,770,000 101.16% 59
TIC 17 $1,078,588 $1,165,824 108.09% 48
ALL * 505 $1,712,511 $1,840,075 107.45% 31

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and 5+ Units. (If you add all categories, 5+ units accounts for the extra numbers.)** Figures subject to change as Multiple Listing Service is updated.+ Formerly, condominium statisticsincluded condos, co-op, lofts and TICs.Realtor.com is the official site of the NationalAssociation of Realtors® (NAR) and is a search engine for realestate nationwide. Realtor.comhas all of San Francisco’s listed homes and condominiums.

JULY 2020 Report – San Francisco Real Estate Market Update for June 2020

The number of homes in the Overall Sales category sold in JUNE increased significantly from last month but was much less than a year ago in the San Francisco Real Estate Market. The continued COVID-19 pandemic lock down, restrictions by the City of San Francisco and the Black Lives Matter violence has a lot to do changing the real estate market.

As you can see. the average sale price versus list price is again less than last month as well as a year ago. These numbers reflect the homes sold (for the most part) in the previous month given a typical 30 day close. Average days on the market were about the same as last month as well as a year ago.

What do these current numbers all mean? Single family homes UNDER $2M (on average) continue to be the best performer. The average increase was more than 8% over the asking price. The rest of the categories are getting closer and closer to “normal” markets in other areas. There doesn’t seem to be as much competition to drive prices up as in the past. The number of homes increased from last month but were far less than a year ago. Once again we have three categories where the average sales price dipped under the average list price. This would indicate that there are fewer multiple offers and offers coming in for LESS than the listing price.

If you are thinking of selling this is still a GOOD time to BUY. And it can be a great time to SELL with the right agent. Whether you are buying or selling, call Janis Stone at 866-224-8024 or Bethany Patten at 415-235-9077 TODAY!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

June 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 91 $3,538,032 $3,540,299 100.06% 27
Single Family Under $2M 125 $1,306,382 $1,411,946 108.08% 23
Condominium 142 $1,408,334 $1,411,849 100.25% 31
Loft Condo 11 $1,100,355 $1,074,931 97.69% 43
Co-op 3 $4,031,667 $3,900,000 96.73% 86
TIC 18 $1,328,944 $1,298,333 97.70% 44
ALL * 361 $1,901,277 $1,924,209 101.21% 30

May 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 32 $2,931,219 $2,967,957 101.25% 26
Single Family Under $2M 72 $1,340,699 $1,429,259 106.61% 23
Condominium 87 $1,225,864 $1,239,866 101.14% 38
Loft Condo 5 $925,136 $912,936 98.68% 58
Co-op 1 $12,500,000 $9,330,000 74.67% 50
TIC 9 $1,330,778 $1,326,111 99.65% 52
ALL * 220 $1,642,565 $1,667,983 101.55% 34

June 2019 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 70 $3,197,457 $3,421,708 107.01% 21
Single Family Under $2M 111 $1,183,512 $1,384,395 116.97% 22
Condominium 217 $1,371,618 $1,455,571 106.12% 28
Loft Condo 15 $1,120,800 $1,201,600 107.21% 24
Co-op 4 $2,420,750 $2,411,250 99.61% 67
TIC 20 $1,291,075 $1,334,400 103.36% 59
ALL * 495 $1,740,033 $1,865,687 107.22% 29

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and 5+ Units. (If you add all categories, 5+ units accounts for the extra numbers.)** Figures subject to change as Multiple Listing Service is updated.+ Formerly, condominium statisticsincluded condos, co-op, lofts and TICs.Realtor.com is the official site of the NationalAssociation of Realtors® (NAR) and is a search engine for realestate nationwide. Realtor.comhas all of San Francisco’s listed homes and condominiums.

JUNE 2020 Report – San Francisco Real Estate Market Update for May 2020

The number of homes in the Overall Sales category sold in May decreased from last month as well as a year ago in the San Francisco Real Estate Market. The continued COVID-19 pandemic lock down and now the George Floyd violence has a lot to do with this drastic reduction in numbers.

The average sale price versus list price is less than last month as well as a year ago. These numbers reflect the homes sold (for the most part) in the previous month given a typical 30 day close. Average days on the market crept up from last month as well as a year ago.

What do these current numbers all mean? Single family homes UNDER $2M (on average) continue to be the best performer. The average increase was more almost 7% over the asking price. The rest of the categories are getting closer and closer to “normal” markets in other areas. Once again the number of homes decreased from last month and were far less than a year ago. For the first time in a long time we have three categories where the average sales price dipped under the average list price.

So if you are thinking of selling this is still a GREAT time to SELL. And it can be a great time to BUY with the right agent. Whether you are buying or selling, call Janis Stone at 866-224-8024 or Bethany Patten at 415-235-9077 TODAY!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

May 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 32 $2,931,219 $2,967,957 101.25% 26
Single Family Under $2M 72 $1,340,699 $1,429,259 106.61% 23
Condominium 87 $1,225,864 $1,239,866 101.14% 38
Loft Condo 5 $925,136 $912,936 98.68% 58
Co-op 1 $12,500,000 $9,330,000 74.67% 50
TIC 9 $1,330,778 $1,326,111 99.65% 52
ALL * 220 $1,642,565 $1,667,983 101.55% 34

April 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 39 $4,210,846 $3,980,627 94.53% 23
Single Family Under $2M 63 $1,207,422 $1,334,651 110.54% 21
Condominium 95 $1,339,358 $1,395,232 104.17% 31
Loft Condo 6 $1,148,333 $1,215,000 105.81% 15
Co-op 2 $2,474,000 $2,750,000 111.16% 16
TIC 8 $1,170,249 $1,185,375 101.29% 59
ALL * 233 $1,929,032 $1,950,283 101.10% 28

May 2019 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 55 $3,242,599 $3,428,542 105.73% 22
Single Family Under $2M 140 $1,218,726 $1,386,485 113.77% 23
Condominium 260 $1,233,371 $1,327,703 107.65% 28
Loft Condo 19 $1,077,667 $1,106,709 102.69% 32
Co-op 12 $2,078,149 $2,081,167 100.15% 33
TIC 28 $1,303,393 $1,379,067 105.81% 41
ALL * 610 $1,721,938 $1,827,213 106.11% 30

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and 5+ Units. (If you add all categories, 5+ units accounts for the extra numbers.)** Figures subject to change as Multiple Listing Service is updated.+ Formerly, condominium statisticsincluded condos, co-op, lofts and TICs.Realtor.com is the official site of the NationalAssociation of Realtors® (NAR) and is a search engine for realestate nationwide. Realtor.comhas all of San Francisco’s listed homes and condominiums.

MAY 2020 Report – San Francisco Real Estate Market Update for April 2020

The number of homes in the Overall Sales category sold in April decreased significantly from the previous month as well as a year ago in the San Francisco Real Estate Market. The COVID-19 pandemic lock down during April has had a lot to do with this drastic reduction in numbers.

Even so, the average sale price versus list price is more than the previous month as well as a year ago indicating prices are continue to creep up. These numbers reflect the homes sold (for the most part) in the previous month given a typical 30 day close. Average days on the market were the same as the previous month but were far less than a year ago.

What do these current numbers all mean? Single family homes UNDER $2M (on average) continue to be the best performer. The average increase was more almost 10% over the asking price. The number of homes decreased drastically from last month and were far less than a year ago. For the first time in a long time even Single Family Homes OVER $2M were affected as the average sales price dipped under the average list price for the first time in a very long time. Since this was the first full month with the COVID-19 restrictions it is interesting to see the numbers continuing to be strong.

So if you are thinking of selling this is still a GREAT time to SELL. And it can be a great time to BUY with the right agent. Whether you are buying or selling, call Janis Stone at 866-224-8024 or Bethany Patten at 415-235-9077 TODAY!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

April 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 39 $4,210,846 $3,980,627 94.53% 23
Single Family Under $2M 63 $1,207,422 $1,334,651 110.54% 21
Condominium 95 $1,339,358 $1,395,232 104.17% 31
Loft Condo 6 $1,148,333 $1,215,000 105.81% 15
Co-op 2 $2,474,000 $2,750,000 111.16% 16
TIC 8 $1,170,249 $1,185,375 101.29% 59
ALL * 233 $1,929,032 $1,950,283 101.10% 28

March 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 56 $3,140,964 $3,301,018 105.10% 18
Single Family Under $2M 101 $1,210,451 $1,375,082 113.60% 22
Condominium 181 $1,323,352 $1,375,082 103.91% 27
Loft Condo 15 $1,466,093 $1,491,167 101.71% 22
Co-op 1 $1,195,000 $1,200,000 100.42% 63
TIC 19 $1,313,053 $1,341,105 102.14% 36
ALL * 412 $1,665,567 $1,770,754 106.32% 28

April 2019 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 70 $3,964,047 $4,135,713 104.33% 28
Single Family Under $2M 146 $1,215,129 $1,368,076 112.59% 24
Condominium 256 $1,335,970 $1,397,209 104.58% 36
Loft Condo 18 $1,042,100 $1,103,323 105.87% 36
Co-op 2 $1,374,000 $1,349,000 96.16% 117
TIC 28 $1,149,679 $1,176,073 102.30% 47
ALL * 565 $1,649,742 $1,786,541 108.29% 34

March 2019 **

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and 5+ Units. (If you add all categories, 5+ units accounts for the extra numbers.)** Figures subject to change as Multiple Listing Service is updated.+ Formerly, condominium statisticsincluded condos, co-op, lofts and TICs.Realtor.com is the official site of the NationalAssociation of Realtors® (NAR) and is a search engine for realestate nationwide. Realtor.comhas all of San Francisco’s listed homes and condominiums.

APRIL 2020 Report – San Francisco Real Estate Market Update for March 2020

The number of homes in the Overall Sales category sold in March increased from the previous month but was less than a year ago in the San Francisco Real Estate Market.

The average sale price versus list price is slightly more than the previous month as well as a year ago indicating prices are still creeping up. These numbers reflect the homes sold (for the most part) in the previous month given a typical 30 day close. Days on the market were more than the previous month as well as a year ago.

What do these current numbers all mean? Single family homes UNDER $2M (on average) continue to be the best performer. The average increase was more almost 14% over the asking price. The number of homes increased from last month but were less than a year ago. We have never been in this situation before with the COVID-19 restrictions. So it is interesting that the numbers continue to be strong.

So if you are thinking of selling this is still a GREAT time to SELL. And it can be a great time to BUY with the right agent. Whether you are buying or selling, call Janis Stone at 866-224-8024 or Bethany Patten at 415-235-9077 TODAY!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

March 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 56 $3,140,964 $3,301,018 105.10% 18
Single Family Under $2M 101 $1,210,451 $1,375,082 113.60% 22
Condominium 181 $1,323,352 $1,375,082 103.91% 27
Loft Condo 15 $1,466,093 $1,491,167 101.71% 22
Co-op 1 $1,195,000 $1,200,000 100.42% 63
TIC 19 $1,313,053 $1,341,105 102.14% 36
ALL * 412 $1,665,567 $1,770,754 106.32% 28

February 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 38 $2,804,260 $2,930,315 104.50% 24
Single Family Under $2M 73 $1,199,129 $1,365,790 113.90% 25
Condominium 135 $1,326,582 $1,399,225 105.48% 28
Loft Condo 9 $1,087,556 $1,130,924 103.98% 28
Co-op 1 $2,220,000 $2,200,000 99.10% 14
TIC 19 $1,375,816 $1,397,895 100.88% 45
ALL * 306 $1,616,577 $1,699,026 105.10% 31

March 2019 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 57 $3,141,070 $3,326,439 105.90% 23
Single Family Under $2M 114 $1,265,451 $1,393,628 110.13% 27
Condominium 206 $1,296,097 $1,343,248 103.64% 32
Loft Condo 21 $1,140,905 $1,187,720 104.10% 37
Co-op 4 $2,332,006 $2,258,000 96.83% 102
TIC 25 $1,147,300 $1,215,608 105.95% 44
ALL * 466 $1,637,800 $1,719,155 104.97% 32

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and 5+ Units. (If you add all categories, 5+ units accounts for the extra numbers.)** Figures subject to change as Multiple Listing Service is updated.+ Formerly, condominium statistics
included condos, co-op, lofts and TICs.Realtor.com is the official site of the National
Association of Realtors® (NAR) and is a search engine for real
estate nationwide. Realtor.com
has all of San Francisco’s listed homes and condominiums.

MARCH 2020 Report – San Francisco Real Estate Market Update for February 2020

The number of homes in the Overall Sales category sold in January decreased significantly from the previous month but was more than a year ago in the San Francisco Real Estate Market.

The average sale price versus list price is more than the previous month as well as a year ago indicating prices are still creeping up. These numbers reflect the homes sold (for the most part) in the previous month given a typical 30 day close. Days on the market were more than the previous month as well as a year ago.

What do these current numbers all mean? Single family homes UNDER $2M (on average) continue to be the best performer. Though the numbers are not quite as good as history shows, the average increase was still more than 8% over the asking price. The number of homes decreased from last month but were about the same as a year ago indicates that sales for the month were most affected by the time of year. We typically have a slow down around the end of the year and then start to pick up in the spring. We shall see. The most interesting fact about this month’s numbers was that the average sales price in three categories we track were less than the asking price (less than 100%). This could indicate a market slow down, however, we will see what happens starting in March.  All in all, the San Francisco market seems to be slowing down. It either indicates we are in for a more normal market or… buyers are becoming more realistic about what the properties are worth. Stay tuned!

So if you are thinking of selling this is still a GREAT time to SELL. And it can be a great time to BUY with the right agent. Whether you are buying or selling, call Janis Stone at 866-224-8024 or Bethany Patten at 415-235-9077 TODAY!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

February 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 38 $2,804,260 $2,930,315 104.50% 24
Single Family Under $2M 73 $1,199,129 $1,365,790 113.90% 25
Condominium 135 $1,326,582 $1,399,225 105.48% 28
Loft Condo 9 $1,087,556 $1,130,924 103.98% 28
Co-op 1 $2,220,000 $2,200,000 99.10% 14
TIC 19 $1,375,816 $1,397,895 100.88% 45
ALL * 306 $1,616,577 $1,699,026 105.10% 31

January 2020 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 21 $4,848,381 $4,722,238 98.00% 42
Single Family Under $2M 68 $1,225,304 $1,326,594 108.27% 37
Condominium 106 $1,322,290 $1,318,919 99.75% 62
Loft Condo 10 $1,146,950 $1,155,850 100.78% 44
Co-op 4 $2,669,750 $2,634,875 98.69% 136
TIC 19 $1,110,632 $1,132,158 101.94% 19
ALL * 272 $1,825,082 $1,826,046 100.05% 57

February 2019 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 32 $3,248,313 $3,318,656 102.17% 38
Single Family Under $2M 76 $1,113,864 $1,289,858 115.80% 25
Condominium 123 $1,307,651 $1,348,464 103.12% 40
Loft Condo 13 $1,011,615 $1,035,077 102.32% 32
Co-op 1 $2,350,000 $2,300,000 97.87% 127
TIC 18 $1,629,833 $1,643,500 100.84% 47
ALL * 283 $1,565,701 $1,642,855 104.93% 38

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and 5+ Units. (If you add all categories, 5+ units accounts for the extra numbers.)** Figures subject to change as Multiple Listing Service is updated.+ Formerly, condominium statistics
included condos, co-op, lofts and TICs.Realtor.com is the official site of the National
Association of Realtors® (NAR) and is a search engine for real
estate nationwide. Realtor.com
has all of San Francisco’s listed homes and condominiums.

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