I know, I know, I’m a few months behind. But things have been hectic to say the least. So this month, I’m catching up, and putting all the numbers into one concise little post for you. And while I don’t plan on doing it this way every month, it might be a nice little break to stack the months up against each other and see if we can find a trend.
So, across the board, sales volume is up month over month. As a Realtor, that makes me excited. Single family home prices have increased month over month, condo prices have fallen and TIC prices (which do have a much smaller sample, so statistics are less accurate.) In a nutshell, the San Francisco real estate market is all over the place. Stay tuned in to the blog the next few days for some details of what I’ve been seeing take place in the crazy world of the SF market.
So here’s this month’s summary of home sales pulled directly from the MLS. Remember, these are all closed sales and not pending sales.
Check back monthly to get the latest facts and figures – and if you have any questions about these statistics, or the market in general, feel free to give me a holler! I’m always happy to talk “real estate!” 
Here’s a quick snapshot of the market from May 1, 2009 through July 31, 2009:
| Single Family Homes | |||
| May-09 | Jun-09 | Jul-09 | |
| Homes Sold | 185 | 223 | 235 |
| Median Sales Price | $750,000 | $762,000 | $785,000 |
| Minimum Sales Price | $220,000 | $195,000 | $150,000 |
| Maximum Sales Price | $4,200,000 | $6,995,000 | $11,500,000 |
| Median Sales Price vs. Asking Price | 97% | 98% | 100% |
| Median Days on Market | 47 | 45 | 39 |
| Median Selling Price for homes sold within 30 days | 101% | 102% | 103% |
| Condominiums, Lofts & Co-ops | |||
| Homes Sold | 126 | 158 | 162 |
| Median Sales Price | $682,500 | $645,000 | $642,500 |
| Minimum Sales Price | $246,740 | $115,000 | $186,000 |
| Maximum Sales Price | $3,950,000 | $2,150,000 | $3,158,000 |
| Median Sales Price vs. Asking Price | 95% | 96% | 99% |
| Median Days on Market | 59 | 57 | 66 |
| Median Selling Price for homes sold within 30 days | 99% | 99% | 99% |
| TIC’s | |||
| Homes Sold | 36 | 42 | 46 |
| Median Sales Price | $523,250 | $600,000 | $510,000 |
| Minimum Sales Price | $275,000 | $230,000 | $295,000 |
| Maximum Sales Price | $1,400,000 | $1,020,000 | $2,395,000 |
| Median Sales Price vs. Asking Price | 97% | 100% | 101% |
| Median Days on Market | 65 | 66 | 79 |
| Median Selling Price for homes sold within 30 days | 96% | 100% | 96% |
Congratulations on your Hartford St. close! Tough market in the over $1 million price range.
Thanks a bunch!
And you’re right, the over $1M market is indeed tough these days, but it seems to be getting a bit better. The next few months will really give us some good signals of the direction the market is headed and whether the storm is over for San Francisco.