The inventory of properties for sale in San Francisco as of December 6th 2020 - 1644 - the significant 24% drop from 2045 properties being active for sale just one month ago and significant 140% jump from 685 properties being active for sale just one YEAR ago.
Real Estate Sales In San Francisco MoM practically the same (609 in Nov 2020 vs 612 in Oct 2020).
Real Estate Sales In San Francisco YoY are increased by 22%.
Average sale price for a Single Family Home in San Francisco in November 2020 was $2,118,659 vs October of 2020 - $1,935,000 . Average selling PRICE per SQFT $1,003.60. Avg Days on Market 32
Average sale price for a Single Family Home in San Francisco in November 2019 was $1,995,413…
Average Sale Price for Single Family Houses in San Francisco for 2020 by ZIP code
Average for Single Family House being Sold in San Francisco in October
Listing Price$2,049,369
Listing Price Per Sq. Ft.$951.12
Selling Price$2,118,659
Selling Price Per Sq. Ft.$1,003.60
Average Sale Price for Single Family Houses in San Francisco from 2005 to 2020
Average sale price for the Condo/Coop/TIC/Loft in San Francisco in November 2020 was $1,302,361 vs October of 2020 - $1,267,678 . Average selling PRICE per SQFT $1,018.58. Avg Days on Market 49
Average sale price for the Condo/Coop/TIC/Loft in San Francisco in November 2019 was $1,330,776
Average sale price for 2-4 Units in San Francisco in November 2020 was $1,992,516 vs October of 2020 - $2,214,75 Average selling PRICE per SQFT $688.73. Avg Days on Market 39.
Average sale price for 2-4 Units in San Francisco in November 2019 was $2,104,121.
Average sale price for 5+ units in San Francisco in November 2020 was $4,238,000 vs October of 2020 - $5,129,167. Avg Days on Market 95.
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Average sale price for 5+ units in San Francisco in November 2019 was $5,306,500.
Inventory of properties for sale in San Francisco as of December 6th, 2020 = 1644 (November 7th 2020 - 2045)
Single-Family Homes 326
Condo/Coop/TIC/Loft 1039
2-4 Units 207
5+ Units 73
Total 1644
Inventory of properties for sale in San Francisco as of December 13, 2019 = 685
Single-Family Homes = 154
Condo/Coop/TIC/Loft = 389
2-4 Units = 114
5+ units = 28
Total 685
All the properties Sold in San Francisco in November 2020 - 609
SOLD in November 2020
Single-Family Homes249
Condo/Coop/TIC/Loft323
2-4 Units 32
5+ Units 5
Total 609
All the properties Sold in San Francisco in October 2020 - 612.
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There is currently LESS THAN 3 months worth of inventory, meaning if there was not another home listed, it would take just less than 3 months for all the current homes on the market to sell.
Once we reach 6 months of inventory, the market will turn to a Buyer market.
From 249 Single Family Houses being sold in San Francisco in November 2020
69 SOLD BELOW asking price
21 SOLD for asking price
159 SOLD ABOVE asking price
31 SOLD for over $200,000,
18 SOLD for over $300,000,
4 SOLD for over $400,000,
4 SOLD for over $500,000,
4 SOLD for over $700,000.
25 Single Family Houses sold under $1,000,000;
139 from $1,000,000 to $2,000,000;
51 from $2,000,000 to $3,000,000;
16 from $3,000,000 to $4,000,000;
10 from $4,000,000 to $5,000,000,
1 from $5,000,000 to $6,000,000,
2 from $6,000,000 to $7,000,000,
2 from $7,000,000 to $8,000,000,.
2 from $8,000,000 to $9,000,000,
1 from over $20,000,000.
How crazy is your Real Estate Market?
Here is one of the Single Family Houses being sold in November of 2020 in San Francisco...
One out of 249 Single Family sold one month ago...
One out of 159 Single Family Houses sold OVER asking Price in San Francisco in October.
So what is so special about that exact house @ 85 5th Ave, San Francisco, CA 94118
Property Overview - a single-level 3BD/2BA Mid-Century with expansion potential on a quiet cul-de-sac in the coveted North of Lake area of the Lake District, steps from Mountain Lake Park & the Presidio. 85 5th Ave greets visitors with no stairs to its formal entry, or to the rest of the home, an extreme rarity & luxury in SF. The vintage classic boasts a LR/DR combo w/ FP, skylight & wood floors, an eat-in kitchen w/ brick patio perfect for morning coffee, a private & roomy Primary Suite w/ updated BA, 2 additional BDs at the home's rear, a full guest BA, AND a laundry/mudroom. Perfect for today's at-home lifestyles, the garage is set up as a family room/home office, yet can easily be put back, if desired. A large lot w/ big back yard & deck ready for entertainment & play complete this rare offering.
3 bed
2 bath
1600 sqft
3916 sqft Lot Size
Listed 9/24/2020
Sold 11/2/2020
List price - $1,998,000
Sold Price - $2,758,000
Difference- $760,000
If you were thinking of selling your home in the near future, now is the time to do so to get the top dollar for your home before the market has a chance to turn.
Reminder: As you know that I am in real estate sales and my passion is to bring buyers/sellers together.
Who have you talked to in past couple days that might be thinking about buying/selling in San Francisco and/or in Silicon Valley or anywhere in the US/Canada (I am blessed to be a part of a huge network that I meet/talk-to on regular basis which is the backbone of my business that my clients benefit from).
Valeriy Krysov
Real Estate Broker
CalBRE Lic 01847176
415-385-8949
ValKrysov@RealtyFinancial.com
RealtyFinancial.com
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