Real Estate Market Update for December 2019
What’s New in San Francisco Real Estate
Analytics and charts from Compass
Market Dynamics and Seasonality – New Listings and Price Reductions
The market is now deep into its seasonal plunge in activity, which hits its lowest point in December. (The chart below is updated with data through October 2019. November saw its usual drop in new listing activity.)
Median House Prices by Realtor District
As always, these prices should be considered very general approximations in complex district markets containing homes of widely varying size and quality.
Market Statistics by Realtor District
Market dynamics in San Francisco are often — but not always — separated by price segment as much as by neighborhood/district location. More expensive segments not unusually have somewhat softer supply and demand dynamics. However, District 5 (Noe, Eureka & Cole Valleys district) — one of the city’s more expensive districts — has been bucking that trend in 2019.
Districts dominated by condo sales also typically have softer dynamics than those dominated by house sales.
Source: Compass Bay Area Market Reports
The information herein is based on or derived from information generally available to the public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy or completeness of the information.
