San Francisco Summary
San Francisco, CA November 1, 2012 – San Francisco’s home resale inventories decreased sharply, with a 17 percent decrease since October 2012. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in November. The median listing price in San Francisco went down from October to November. There were a total of 27 price increases and 143 price decreases.
The median sales price for homes in San Francisco CA for Aug 12 to Oct 12 was $720,000. This represents an increase of 2.7%, or $19,000, compared to the prior quarter and an increase of 12.1% compared to the prior year. Sales prices have depreciated 9.4% over the last 5 years in San Francisco. The average listing price for San Francisco homes for sale on Trulia was $1,465,714 for the week ending Oct 31, which represents an increase of 2.1%, or $30,005, compared to the prior week and a decline of 4%, or $60,303, compared to the week ending Oct 10. Average price per square foot for San Francisco CA was $593, an increase of 12.3% compared to the same period last year. Popular neighborhoods in San Francisco include Pacific Heights, South Beach, Potrero Hill, Noe Valley, SoMa, and Bernal Heights.
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales
1,193
-8.7%
y-o-y
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.
Average Listing Price
$1,465,714
+2.1%
w-o-w
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
SoMa, San Francisco, CA Market Data Graphs
SoMa Summary
The median sales price for homes in SoMa for Aug 12 to Oct 12 was $642,500. This represents an increase of 16.8%, or $92,500, compared to the prior quarter and an increase of 28.8% compared to the prior year. Sales prices have appreciated 6.2% over the last 5 years in SoMa, San Francisco. The median sales price of $642,500 for SoMa is 10.76% lower than the median sales price for San Francisco CA. Average listing price for homes on Trulia in SoMa was $775,422 for the week ending Oct 31, which represents a decline of 1.5%, or $11,991 compared to the prior week and a decline of 11.1%, or $96,718, compared to the week ending Oct 10. Average price per square foot for homes in SoMa was $676 in the most recent quarter, which is 14.00% higher than the average price per square foot for homes in San Francisco.
Average Listing Price
$775,422
-1.5%
w-o-w
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Average: SoMa Vs SF
| Neighborhood | Week ending Oct 31 | w-o-w |
Week ending Oct 24 | Week ending Oct 17 | Week ending Oct 10 |
|---|---|---|---|---|---|
| SoMa | $775,422 | -1.5% | $787,413 | $839,463 | $872,140 |
| San Francisco | $1,465,714 | +2.1% | $1,435,709 | $1,468,556 | $1,526,01 |
Number of Sales
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.
Median Sales Price
$642,500
+28.8%
y-o-y
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data source.
Average: SoMa Vs SF
| Neighborhood | Aug – Oct ’12 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| SoMa | $642,500 | +28.8% | $550,000 | $499,000 | $605,000 |
| San Francisco | $720,000 | +12.1% | $701,000 | $642,500 | $795,000 |
Average Price/sqft
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Average: SoMa Vs SF
| Neighborhood | Aug – Oct ’12 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| SoMa | $676 | +10.8% | $545 | $610 | $605 |
| San Francisco | $593 | +12.3% | $570 | $528 | $616 |
Jane Hopkins is your comprehensive source for San Francisco property information. She tries to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.