April 2017 San Francisco Metro Housing Update

There are currently 733 active homes for sale here in the San Francisco (as of April 10th) vs 650 the month before... 

In the month of March there were a total of 485 home sales vs 287 the month before. 

The average sales price for March was $1,638,860 (in February was $1,587,742). 

Average days on market in San Francisco was 33 for the month of March (41 days for the month of February).

Inventory as of today - April, 10th - 733 properties for sale in San Francisco.

Single-Family Homes       205

Condo/Coop/TIC/Loft      382

2-4 Units                             107

5+ units                                39

total -                                  733.

The market has remained steady for some time now and continues to be a "Sellers" market... 

There is currently about 1.5 month worth of inventory, meaning if there was not another home listed, it would take about month and half for all the current homes on the market to sell...

6 months of inventory is when it becomes a buyers market.... 

If you are thinking of selling anytime in the near future, now is the time to do so... 

the good news for Home Sellers is there is a lot of demand for homes and now is a great time to sell if you are looking to get top dollar... 

For Buyers, yes there are less homes available to sell, however interest rates are as low as we have ever seen so you are able to get more house for your money currently than you have been able to in the past and probably than we will be able to in the future... 

I will continue to keep you updated and if you need anything please feel free to call or text me at 415-385-8949 or email me at .... anytime

Sold in San Francisco

Sold in March 2017485

Sold in February 2017287

Sold in January 2017271

Sold in December 2016   442

Sold in November 2016  490

Sold in October 2016       646

Sold in September 2016  390

Sold in August 2016         459

Sold in July 2016               454

Sold in June 2016             513

Sold in May 2016              491

Sold in April 2016             455

Sold in March 2016          418

Sold in February 2016     283?