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September
San Francisco Real Estate Market Update for
August 2007

The number of Single Family Homes sold for August dropped again from July in San Francisco Real Estate. The average listing price was over 13% lower than the previous month but over 7.8% higher than a year ago. The number that counts is the The average selling price was almost 107% of the average listing price. The average days on the market decreased slightly to 35.

The number of Condominiums sold in August decreased again from July in the San Francisco Real Estate Market, however, the average selling price was over 102% of the average listing price. The average listing and selling price were both higher than last month, and much higher than a year ago. The average days on the market increased slightly to 44.

The number of homes sold in the Overall Sales category for August in San Francisco Real Estate dropped again from July and was lower than a year ago. Even so, the average selling price was over 104% of the average listing price. But compared to a year ago, the average sales price was higher. The average days on the market decreased slightly to 41.

Fall is the perfect time to put your home on the market. 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.

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

August statistical market history is now online.

August 2007 **

July 2007 **

August 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.