State of the Market - San Francisco June 2021

The inventory of properties for sale in San Francisco as of  June 7 2021 - 1176.


Average sale price for a Single Family Home in San Francisco in May 2021 was $2,443,709 vs April of 2021 - $2,437,149 . Average selling PRICE per SQFT $1,093.55. 

Avg Days on Market 19.



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 April

Listing Price$2,169,615

Selling Price$2,443,709






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 May 2021 was $1,368,536 vs April of 2021 - $1,323,531 . Average selling PRICE per SQFT $1,111.82. Avg Days on Market 35.


Average sale price for 2-4 Units in San Francisco in May 2021 was $2,401,138 

vs April of 2021 - $2,088,907   Average selling PRICE per SQFT $729.24. 

Avg Days on Market 53 



Average sale price for 5+ units in San Francisco in May 2021 was $3,174,957 

vs April of 2021 - $4,230,000. Avg Days on Market 105.

.

Inventory of properties for sale in San Francisco as of June 7, 2021  =  1176 

Single-Family Homes259

Condo612

Townhouse   4

Tenancy in Common   66

2-4 Unit  176

5+ Units  59

Total1  176




All the properties Sold in San Francisco in May 2021      -  753


Single-Family Homes  246

Condo  357

Townhouse   4

Tenancy in Common 45

2-4 Units             40

5+ Units             14

Total           706



There is currently 1,5 months worth of inventory, meaning if there was not another home listed, it would take just about 1.5 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 246 Single Family Houses being sold in San Francisco in May 2021

32 SOLD BELOW asking price

15 SOLD for asking price

199 SOLD ABOVE asking price


38  sold for OVER $200,000.

25 SOLD for OVER $300,000,

35 SOLD for OVER $400,000.

22 SOLD for OVER $500,000,

13 SOLD for OVER $600,000,

4 SOLD for OVER $700,000,

2 SOLD for OVER $800,000,

2 SOLD for OVER $900,000,

5 SOLD for OVER $1,000,000.


10 Single Family Houses sold under $1,000,000;

123 from $1,000,000 to $2,000,000;

58 from $2,000,000 to $3,000,000;

23 from $3,000,000 to $4,000,000;

17 from $4,000,000 to $5,000,000,

6 from $5,000,000 to $6,000,000,

4 from $6,000,000 to $7,000,000,

1 from $8,000,000 to $9,000,000,.

1 from $9,000,000 to $10,000,000,.

3 for over $10,0000,000.


How crazy is your Real Estate Market?


Here is one of the Single Family Houses being sold in May of 2021 in San Francisco for $2,498,000 over asking price...


One out of 246 Single Family sold one month ago...


One out of 199 Single Family Houses sold OVER asking Price in San Francisco in May.


So what is so special about that exact house @ 15 Walnut St, San Francisco, CA  94118


Property Overview -  Esteemed architect Arthur Brown Jr. designed this elegant three-level residence in 1908. Located on a desirable corner lot on the Presidio wall, this refined residence captures the glamour and generous scale of a bygone era and enjoys vistas of the Presidio and Golden Gate Bridge. In the same family for decades and lovingly maintained, it offers five bedrooms, four full and one half baths distinguished living and entertaining spaces, a lovely south-facing backyard garden, charming period fixtures, numerous fireplaces, richly hued hardwood floors, abundant closets and built-ins, and a versatile basement. The stunning views of the Presidio and Golden Gate Bridge can be enjoyed from the three main levels. The lower level offers incredible options for expansion along with a two-car side-by-side garage and ample storage. Ideally located in Presidio Heights fronting the Presidio National Park and within a short walk of restaurants and shops along Sacramento St and in Laurel Village.


5 bed

5 bath

4985 sqft

3998 sqft Lot Size

Built 1908



Listed 5/5/2021

Sold 05/27/21

List price - $7,500,000

Sold Price - $9,998,000

Difference- $2,498,000