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July
San Francisco Real Estate Market Update for
June 2007

The number of Single Family Homes sold for June was relatively unchaged from May in San Francisco Real Estate. The average listing and selling prices were a bit lower than the previous month, higher than a year ago. The average selling price was over 103% of the average listing price, slightly less than a month ago. The average days on the market decreased slightly to 35.

The number of Condominiums sold in June decreased from May in the San Francisco Real Estate Market, however, the average selling price was over 103% of the average listing price. The best news was that the average listing and selling price were both higher than last month. The selling price was slightly lower than a year ago. The average days on the market increased to 45.

The number of homes sold in the Overall Sales category for June in San Francisco Real Estate remained relatively unchaged from May as well as a year ago. The average selling price was almost 103% of the average listing price, and almost unchanged from last month but much lower than a year ago. The average days on the market remained unchanged at 42.

Spring was a great market. Summer is starting off slower than we thought, mostly due to lack of inventory. If you are thinking about selling, this is a great time!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

Mortgage rates are always changing. Foster Weeks does a weekly mortgage update, part of which is posted on our blog.

Regular features

• Weekly update from the President Coldwell Banker, San Francisco Bay Area about the San Francisco Real Estate market. For an e-mail alert when this report is updated, send a note to info@SFResidence.com with "weekly market report" in the subject line.
  
  
• List of our monthly newsletters.
  
  
• Blog to participate in our San Francisco Real Estate Market discussions!
  
  
• Z-Estimates - For quick estimates of your property's value! For accurate and detailed estimates, call us.

Don't miss out on your opportunity to buy or sell! San Francisco Real Estate continues to be a great investment!

June statistical market history is now online.

June 2007 **

April 2007 **

June 2006 **

* 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.