What’s Happening in the Market – October Update

October Update

Happy October! 

Please note: this data is for September 2019.

As we move into the final three months of 2019, buyers will find fewer homes coming on the market, but also less competition for those homes. New Listings were down 23.7 percent for single family homes but increased 0.2 percent for Condo/TIC/Coop properties. Pending Sales increased 2.1 percent for single family homes and 2.7 percent for Condo/TIC/Coop properties.

The Median Sales Price was up 3.3 percent to $1,550,000 for single family homes and 14.8 percent to $1,320,000 for Condo/TIC/Coop properties. Months Supply of Inventory decreased 18.8 percent for single family units but was up 6.1 percent for Condo/TIC/Coop units.

While Halloween decorations are beginning to adorn homes around the country, the real estate market this fall is looking far from scary.

San Francisco Condo/TIC/Coop Activity Overview

District 9: Central East Activity Overview

Sub-District 9 Statistics

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