Real Estate Market Update for September 2019
What’s New in San Francisco Real Estate
September 2019
Analytics and charts from SFAR and Compass
While inventory is down, San Francisco home sales prices remain steady
This month’s real estate market update saw median sales prices for both homes and condos remaining fairly steady, posting modest increases from August 2018 to August 2019.
This month’s market update also indicates that inventory is down compared to the previous year. In August, there were 360 single family home active listings according to the San Francisco Association of REALTORS®, down 21.6 percent from August of 2018. During the same period, there were 455 condo and loft active listings, down 21.3 percent from last year. While year over year, the inventory numbers are down, we should see inventory increase as the busier fall market gets going.
The charts below show that home and condo sales prices are generally comparable to 2018, with areas of slight growth in some districts.
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.
