San Francisco Real Estate Market - September 2018
San Francisco Real Estate Market Report
The Autumn Selling Season Begins
The Autumn Selling Season Begins
September 2018
In July 2018, Paragon Real Estate merged with Compass.
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In July 2018, Paragon Real Estate merged with Compass.
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September is typically the single month with the highest number of new listings coming on market in San Francisco, a big spike in inventory which fuels the relatively short autumn selling season. Very early indications are that this September may be a very big new-listing month, and how buyers react to the flood of new inventory will provide more clarity as to where the market may be heading next. That data will start becoming available in October.
Long-Term Trends in Median Sales Prices
& Average Dollar per Square Foot Values
These first two charts look at appreciation trends in median prices and average $/sq.ft. values since 2005. The short-term fluctuations in the lines are normal, typically seasonal effects of no great meaningfulness.
As of August 2018, the 3-month rolling median sales prices are as follows: $1,620,000 for houses, $1,200,000 for condos, and $1,125,000 for TICs.
& Average Dollar per Square Foot Values
These first two charts look at appreciation trends in median prices and average $/sq.ft. values since 2005. The short-term fluctuations in the lines are normal, typically seasonal effects of no great meaningfulness.
As of August 2018, the 3-month rolling median sales prices are as follows: $1,620,000 for houses, $1,200,000 for condos, and $1,125,000 for TICs.