San Francisco Real Estate Market Report – September 2020
August sales hit a 5-month high and matched historic high points. Overall, the increase in listings has outpaced the increase in listings going into contract.
August sales hit a 5-month high and matched historic high points. Overall, the increase in listings has outpaced the increase in listings going into contract.
Market forces have split the condo & home markets in SF. While the home sales are still failry strong, the condo sales are moving into a buyer's market.
After taking a beating in March through April, the San Francisco real estate market appears to have recovered substantially. The SF median home price hit a new monthly high in June at $1,800,000. The market for high-end homes in particular is showing resilience likely due to this demographic being less affected by layoffs, and their greater financial resources.
Are you curious about the current real estate market temperature? Is it still a seller’s market or has it shifted to a buyers market? […]