Yet again, Luba’s San Francisco Real Estate Blog brings you latest San Francisco Real Estate market report here.
(You can also view previous market updates by selecting the archives on the upper right portion of the screen).
Heres’s a little glimpse of the report:
San Francisco Home Sales Down, Prices Up in September
Sales of single-family, re-sale homes dropped 39.2% last month compared to August. Home sales were up 0.6% year-over-year. This is the third month in a row home sales have been higher than the year before. Year-to-date, home sales are down 3.5%.
Condo sales, on the other hand, were up 4.8% month-over-month, and up 37.3% compared to September 2008. Year-to-date, condo sales are off 12.4%.
The median price gained 20% from August, but was down 4.1% year-over-year. The average price rose 17.2% month-over-month, but was off 11.3% year-over-yeaer.
The median price for loft/condos in San Francisco rose 2.8% from August, but was down 7.1% year-over-year. The average price gained 3.3% month-over-month, but was off 3.9% compared to September 2008.
Hmm, those August figures can’t be right. The single family house sales number is too high.
What happened to the Friday City Update? I loved getting that!
I’ll be running my own numbers soon to see how they stack up – and I promise The City Update(TM) will be back soon -possibly as soon as next week. I was doing upgrades to the blog, which took time, and now am TRYING to upgrade the weekly newsletter. The format will be a little different, but the data will still be there. Though I think most of the “content” will be here on the blog. Since the sold data is proprietary though, it’ll still be in email format.
Stay tuned! And let me know what you think when you get next week’s edition!!!
Thanks for stopping by!!! And hope all’s well with you!