Compare Listings

May 2016 Central San Francisco  Market Conditions

District 5
District 5’s (See SF Districts Map Here) April numbers continue their strong upwards trend with their highest ever median sales price of $2,287,500. Year-over-year, the median price is up 8.9%.
d5_1
Resale Condo/Loft Median Prices
Resale condo-loft median prices have resumed the downward trend that started last September with a brief uptick in January and February. hey dropped 2.3% from March to April, landing at $1,245,000, which is the lowest median sales price since April 2015. They are down 0.4% year-to-date and 9.6% since their peak at $1,377,000 September 2015.
d5_2
d5_3
While Single Family Homes Days on Market inched up to 17 in April, they are still at historically low numbers.
Days on Market for Resale Condo/Lofts dropped from 19 to 16.
d5_4
Single Family Homes Months Supply of Inventory dropped slightly to 2.4 from March’s 2.5 and up from April, 2015’s 1.7.
d5_5
d5_6
This April there were the same number of single family home listings as in April, 2015. Over all, there have been 136 new listings in District 5 this year, one fewer than last year.
There have been 43 fewer condo/loft listings brought on the market year-to-date in 2016 than 2015. This is a 26% drop. And this is the first time in four years that the number of new condo/loft listings was lower in April than March.
d5_8


img

alexclark

Related posts

A-MAZ-ING Views with South Facing Garden

Situated in an exclusive cul-de-sac on Telegraph Hill this 5 bedrooms, 4.5 bathrooms stunner asks...

Continue reading
by theFrontSteps-Suzie Bjork

Before You Think San Francisco Gets Eaten Alive By More Tech Millionaires, Read This

By now, many of you have not only seen, but forwarded and asked us about this recent New York Times...

Continue reading
by theFrontSteps

Mid Century Flare Meets Spanish Med Barrel Front In Mission Dolores

Situated in the heart-center of San Francisco in oh-so hip Mission Dolores, on a tree lined (dare I...

Continue reading
by theFrontSteps

Join The Discussion

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Follow theFrontSteps

Get the latest posts delivered to your mailbox: