Polaris Pacific: San Francisco Condominium Market

SF-July-2014-2 COVER

READ FULL REPORT HERE

During the three-month period ending June 30, the median price in San Francisco reached $925,000, a 12.1 percent increase from the prior year. While most districts in San Francisco experienced year-over-year median price increases, the most pronounced gain occurred in District 10 (54.7%).

A total of 882 homes sold in San Francisco in the last three months, a 6.0 percent decrease from the prior year. The most significant year-over-year decrease occurred in District 10 (a 28.6% decrease).

The average days on market (DOM) figure, or the amount of time between the date a home is listed and the date it goes into escrow, stood at 31 days, a 18.4 percent decrease compared to the prior year.

West Coast Commercial Real Estate News