The inventory of properties for sale in San Francisco as of March 9 2021 - 1194.
Average sale price for a Single Family Home in San Francisco in February 2021 was $2,287,215 vs January of 2021 - $1,931,721 . Average selling PRICE per SQFT $1,018.97. Avg Days on Market 29.
Average Sale Price for Single Family Houses in San Francisco for 2021 by ZIP code
Average for Single Family House being Sold in San Francisco in February
Listing Price$2,173,642
Selling Price$2,287,215
Average Sale Price for Single Family Houses in San Francisco from 2005 to 2021
Average sale price for the Condo/Coop/TIC/Loft in San Francisco in February 2021 was $1,349,078 vs January of 2021 - $1,213,550 . Average selling PRICE per SQFT $1,066.13. Avg Days on Market 64.
Average sale price for 2-4 Units in San Francisco in February 2021 was $2,430,929
vs January of 2021 - $2,197,058 Average selling PRICE per SQFT $706.99.
Avg Days on Market 87
Average sale price for 5+ units in San Francisco in February 2021 was $3,630,625
vs January of 2021 - $3,404,167. Avg Days on Market 90.
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Inventory of properties for sale in San Francisco as of March 9, 2021 = 1194
Single-Family Homes 237
Condo 656
Townhouse 13
Tenancy in Common 77
2-4 Unit 144
5+ Units 67
Total 1194
All the properties Sold in San Francisco in February 2021 - 444
(SOLD in January 2021 - 470)
Single-Family Homes158
Condo223
Townhouse 6
Tenancy in Common 24
2-4 Units 25
5+ Units 8
Total 444
There is currently 2,5 months worth of inventory, meaning if there was not another home listed, it would take just about 2.5 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 158 Single Family Houses being sold in San Francisco in February 2021
39 SOLD BELOW asking price
9 SOLD for asking price
110 SOLD ABOVE asking price
20 sold for $200,000 and over.
14 SOLD for over $300,000,
13 SOLD for over $400,000.
5 SOLD for over $500,000,
3 SOLD for over $600,000,
2 SOLD for over $700,000,
1 SOLD for over $10,000,000.
17 Single Family Houses sold under $1,000,000;
80 from $1,000,000 to $2,000,000;
34 from $2,000,000 to $3,000,000;
15 from $3,000,000 to $4,000,000;
5 from $4,000,000 to $5,000,000,
2 from $5,000,000 to $6,000,000,
2 from $6,000,000 to $7,000,000,
1 from $9,000,000 to $10,000,000,.
2 for over $12000,000.
How crazy is your Real Estate Market?
Here is one of the Single Family Houses being sold in February of 2021 in San Francisco for $1,030,000 over asking price...
One out of 158 Single Family sold one month ago...
One out of 110 Single Family Houses sold OVER asking Price in San Francisco in February .
So what is so special about that exact house @ 333 Lombard St, San Francisco, CA 94133
Property Overview - This 3 bedroom, 1.5 bathroom, 1,702 square foot - a single family home with unlimited potential. Has been in the same family for 60 years, is now looking for new owners to make it their dream home. The fabulous views of the Golden Gate Bridge, Alcatraz and the SF Bay is full of opportunities for a creative buyer to convert this property into one of the best view homes'' in San Francisco. Also, the street presence of this home is special and statuesque. This 3BR/1.5BA/1PKG house has potential for expansion with a large basement and 1 car garage. The kitchen faces south overlooking a sunny and cheerful garden. The top penthouse-like spacious master bedroom upstairs has a large terrace with magnificent views. Imagine the fairytale sunsets and the blasts of color in the sky this location evokes. The balcony off the living room has fabulous views as well. Charming backyard completes this sweet Telegraph Hill home.
3 bed
1.5 bath
1702 sqft
2369 sqft Lot Size
Listed 1/6/2021
Sold 2/22/2021
List price - $1,995,000
Sold Price - $3,025,000
Difference- $1,030,000
March 2021 Peninsula/Silicon Valley Market Update
In Menlo Park, CA - AVERAGE DAYS ON MARKET for Single Family Houses in February was 28 days with the average sale price $3,015,263.00 (in January was $2,378,868.00). Price Received was 3% MORE the asking price..
In Foster City, CA - AVERAGE DAYS ON MARKET for Single Family Houses in February was 8 days with the average sale price $1,968,000.00 (in January was $2,210,000.00). Price Received was 8% above the asking price..
In Belmont, CA - AVERAGE DAYS ON MARKET for Single Family Houses in February was only 26 days with the average sale price $2,366,357.00 (in January was $1,897,071.00). Price Received was 6% MORE than asking price.
In San Carlos, CA - AVERAGE DAYS ON MARKET for Single Family Houses in February was only 19 days with the average sale price $2,256,283.00 (in January was $2,288,166.00). Price Received was 7% above the asking price.
In San Mateo, CA - AVERAGE DAYS ON MARKET for Single Family Houses in February was only 18 days with the average sale price $2,056,090.00 (in January was $1,799,345.00). Price Received was 6% above the asking price.
In Burlingame, CA - AVERAGE DAYS ON MARKET for Single Family Houses in February was 36 days with the average sale price $2,628,499.00 (in January was $2,281,666.00). Price Received was 3% above the asking price.
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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