San Francisco Real Estate Info for Buyers, San Francisco Real Estate Info for Sellers, San Francisco Real Estate Market Conditions

August 2008 San Francisco Home Sales Data is Here!

0 Comments 11 September 2008

The latest market report is here. (You can also view previous market updates by selecting the archives on the upper right portion of the screen).

Here’s a little glimpse of the report:

Sales of single-family, re-sale homes fell 10.1% last month compared to July, and were off, year-over-year, by 2%. Year-to-date, home sales are down 7%.

Loft/condo sales were down 24.1% from July, and were off 25.3% compared to August 2007. Year-to-date, loft/condo sales are off 22.8%.

The median price for single-family, re-sale homes fell 0.5% from July, and it was down 8.6% year-over-year. The average price was off 2.3%, and it was down 2.2% compared to last August.

The median price for loft/condos in San Francisco dropped 6.7% from July, but was flat year-over-year. The average price for condos fell 6.3% from July.  The average price was down 1.4% year-over-year.

Read on for full details.

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Luba’s San Francisco Real Estate Blog was created to share insights about San Francisco Real Estate and about San Francisco living. Written by Luba Muzichenko, an "almost-native" San Franciscan and a local Realtor® with Zephyr Real Estate, Luba’s San Francisco Real Estate Blog is meant to inform you about a variety of good things and happenings around SF and its unique neighborhoods, about buying and selling homes in the City and about the real estate market in general. If you like what you see, please tell a friend.

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Luba Muzichenko
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Zephyr Real Estate
415-307-1392 (cell)
luba@zephyrsf.com
www.LubaSF.com
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