theFrontSteps – San Francisco Real Estate Market Update email. If you’re on the list, you’ve already seen this in your inbox, if not, here you go: To read the entire market update, follow this link. Some other important things you may have forgotten: –We are the source for you, your friends, and your neighbors when … Continue reading San Francisco Real Estate Market Update
Tag: Housing Stats San Francisco
San Francisco Real Estate Market Recap May / June 2017
The median sales price hit an all-time high for both single family houses and condo/loft/TIC’s in May. The incredibly tight supply coupled with strong demand pushed the prices up and the overbids as well. Single family homes sold at a median overbid of 114.7%, the highest since October, 2015. Condos sold at a median of … Continue reading San Francisco Real Estate Market Recap May / June 2017
Luxury vs. non-luxury Market and the price of overpricing
We’ve always known that seasonality plays a big role in real estate, but this MSI chart shows 1) that the lower-priced (under $2m) market has the most competitive supply and demand dynamic, and 2) how much more seasonality affects the luxury home end of the market. Homes under $2m ebb and flow by season, but … Continue reading Luxury vs. non-luxury Market and the price of overpricing
San Francisco Condo Prices Continue to Rise: $1,144 per sqft (new condo), $953 per sqft (resale)
According to The Mark Company Trend Sheet, the value of new construction condominiums in San Francisco was $1,144 per square foot in June, up 13 percent year over year, and the value of resale condominiums was $953 per square foot, up 23 percent year over year. Below you will find the recent new construction and … Continue reading San Francisco Condo Prices Continue to Rise: $1,144 per sqft (new condo), $953 per sqft (resale)