Stats & Numbers: Condo Sales 10/06-10/07

From Garrett:

Condominiums
District 1 Oct-06 Oct-07
Number of Sales 15 7
Median Selling Price 701,000 779,000
Average DOM 33 25
District 2 Oct-06 Oct-07
Number of Sales 0 2
Median Selling Price 752,500
Average DOM 27
District 3 Oct-06 Oct-07
Number of Sales 3 0
Median Selling Price 595,000
Average DOM 22
District 4 Oct-06 Oct-07
Number of Sales 2 5
Median Selling Price 466,500 600,000
Average DOM 47 30
District 5 Oct-06 Oct-07
Number of Sales 28 31
Median Selling Price 785,000 891,000
Average DOM 34 37
District 6 Oct-06 Oct-07
Number of Sales 15 28
Median Selling Price 692,000 742,500
Average DOM 40 36
District 7 Oct-06 Oct-07
Number of Sales 20 28
Median Selling Price 950,000 1,400,000
Average DOM 46 35
District 8 Oct-06 Oct-07
Number of Sales 38 30
Median Selling Price 782,500 772,000
Average DOM 45 45
District 9 Oct-06 Oct-07
Number of Sales 34 46
Median Selling Price 702,500 669,000
Average DOM 49 39
District 10 Oct-06 Oct-07
Number of Sales 2 8
Median Selling Price 454,299 353,500
Average DOM 24 39

Data Provided by San Francisco Association of Realtors

10 thoughts on “Stats & Numbers: Condo Sales 10/06-10/07”

  1. so much for a downturn in district 6:

    District 6 Oct-06 Oct-07

    Number of Sales 15 28

    Median Selling Price 692,000 742,500

    Average DOM 40 36

  2. Yeah that’s a surprising trend. The Divisadero corridor, in particular, has become a whole lot more attractive to people in the last year or so.

  3. What people seem to ignore here is statistical sample size. Specifically, a statistical sample needs to have a count of at least 30 to factor out noise and be relevant. The only 2 districts that had over 30 sales both in 10/07 and 10/06 were districts 8 and 9. And prices have fallen in both.

  4. Another thing – and not sure if this is true or not – but I’ve heard the SF Realtors leave foreclosures and short sales out of the stats. These are becoming more common in the city now, and leaving them out skews the comps upwards.

    [Editor’s note: Hmmmm. Interesting. Care to help us track down whether that is true?]

  5. The Divis corridor area and NOPA to it’s west are only going to get better and better. I put my money where my mouth is and bought a place there. Sooooo much more bang for your buck than Noe, Marina, etc. And centrally located to boot. Hard to beat IMO.

  6. Surprised nobody highlights District 7

    District 7 Oct-06 Oct-07

    Number of Sales 20 28

    Median Selling Price 950,000 1,400,000

    Average DOM 46 35

  7. [Editor’s note: Hmmmm. Interesting. Care to help us track down whether that is true?]

    I called the SF Association of Realtors, but they wouldn’t give me the information. Said it’s limited to members/subscribers. I know a lot of the folks here are Realtors. Anyone have 5 spare minutes to see if my supposition is true or not? Their number is 415-431-8500.

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