San Francisco Real Estate

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Janis Stone
International President's
Premier Realtor®
E-mail Janis

1699 Van Ness Avenue
San Francisco, Ca. 94109


Business   415.229.1256
Toll Free     866.224.8024
Fax               415.771.1264

Market Update: February 2003

The San Francisco Real Estate Spring Market is Here!! As you can see by the statistics our market values have continued to increase. The Average sales price in all categories has increased significantly. There is also a steady increase in the percentage of the sales price verses the listing price. It is even over 100% for condominiums.** This means we are getting "over asking price" offers on listings again!! Interest rates continue to decrease which has helped our market strength. San Francisco real estate continues to be a great investment.

February 2003

Property Type   Sold

Avg Listing
Price

Avg Selling
Price
% Sales Price versus Listing
Single Family Dwelling   139 $827,943 $822,155 99.30%
Condominium   150 $580,521 $588,531 101.38%
ALL *   324 $752,385 $749,230 99.58%

January 2003

Property Type   Sold

Avg Listing
Price

Avg Selling
Price
% Sales Price versus Listing
Single Family Dwelling   164 $728,650 $720,758 98.92%
Condominium   142 $540,696 $537,551 99.42%
ALL *   370 $728,777 $723,720 99.31%

Fourth Quarter 2002

Property Type   Sold

Avg Listing
Price

Avg Selling
Price
% Sales Price versus Listing
Single Family Dwelling   748 $765,403 $729,557 95.32 %
Condominium   601 $618,664 $612,760 99.05 %
ALL *   1541 $774,370 $718,964 92.85 %

Third Quarter 2002

Property Type   Sold Avg Listing
Price
Avg Selling
Price
% Sales Price versus Listing
Single Family Dwelling   700 $845,758 $756,518 89.45 %
Condominium   590 $672,877 $609,884 90.64 %
ALL *   1527 $842,001 $750,241 89.10 %

Six Month Average (July-December 2002)

Property Type   Sold Avg Listing
Price
Avg Selling
Price
% Sales Price versus Listing
Single Family Dwelling   1506 $775,728 $736,772 94.98 %
Condominium   1247 $637,117 $608,156 95.45 %
ALL *   3197 $789,112 $731,879 92.75 %

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and 5+ Units.
** Figures subject to change as Multiple Listing Service is updated.

Realtor.com is the official site of the National Association of Realtors® (NAR) and is a search engine for real estate nationwide. Realtor.com has all of San Francisco's listed homes and condominiums.

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