October 2010 Report
San Francisco Real Estate Market Update for
September 2010
For a list of past market reports click here
The number of homes in the Overall Sales category sold in September decreased from August for the San Francisco Real Estate Market as well as a year ago. Single family homes priced under $2M once again had an average selling price OVER 100% of the average listing price. The average days on the market rose slightly over August as well as a year ago.
What do these numbers all mean? It looks like the cooling off is not just in our San Francisco weather. The market had some bright spots with single family homes that were priced under $2M leading the pack at over 100 of the listing price. This makes them the best performing sector showing over asking price sales for 7 of the last 8 months.
* 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 which is posted on our blog.
Regular features
- List of our monthly newsletters.
- Blog for the latest in San
Francisco Real Estate Market reports!
- Z-Estimates - For quick estimates of your property's value! For accurate and detailed estimates, call us.
It takes experience to sell in any market! San Francisco Real Estate continues to be a great investment!
September sales history is now online.
| Property Type | Sold | Avg Listing |
Avg Selling Price |
% Sales Price versus Listing | Avg Days on Market |
| Single Family $2M & Over | 12 | $3,062,042 | $2,960,750 | 96.69% | 78 |
| Single Family Under $2M | 143 | $742,889 | $748,130 | 100.71% | 59 |
| Condominium+ | 121 | $747,521 | $729,258 | 97.56% | 82 |
| Loft Condo | 14 | $800,093 | $766,500 | 95.80% | 86 |
| Co-op | 5 | $2,336,780 | $2,023,000 | 86.57% | 146 |
| TIC | 24 | $625,625 | $619,167 | 98.97% | 110 |
| ALL * | 359 | $930,092 | $912,927 | 98.15% | 74 |
August 2010 **
| Property Type | Sold | Avg Listing |
Avg Selling Price |
% Sales Price versus Listing | Avg Days on Market |
| Single Family $2M & Over | 22 | $3,355,273 | $3,192,200 | 95.14% | 57 |
| Single Family Under $2M | 166 | $787,187 | $785,608 | 99.80% | 58 |
| Condominium+ | 138 | $779,349 | $763,841 | 98.01% | 77 |
| Loft Condo | 15 | $564,361 | $553,697 | 98.11% | 80 |
| Co-op | 5 | $975,800 | $917,000 | 93.97% | 128 |
| TIC | 10 | $521,200 | $500,500 | 96.02% | 123 |
| ALL * | 393 | $961,726 | $940,932 | 97.84% | 72 |
September 2009 **
| Property Type | Sold | Avg Listing |
Avg Selling Price |
% Sales Price versus Listing | Avg Days on Market |
| Single Family $2M & Over | 6 | $4,559,167 | $4,445,833 | 97.51% | 49 |
| Single Family Under $2M | 154 | $797,792 | $801,629 | 100.48% | 58 |
| Condominium+ | 148 | $843,518 | $822,491 | 97.51% | 78 |
| Loft Condo | 14 | $676,279 | $656,214 | 97.03% | 124 |
| Co-op | 3 | $3,209,667 | $2,657,667 | 82.80% | 101 |
| TIC | 18 | $570,694 | $562,611 | 98.58% | 95 |
| ALL * | 387 | $954,664 | $934,597 | 97.90% | 72 |
* 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.
+ Formerly, condominium statistics included
condos, co-op, lofts and TICs.
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.
