Trends at a Glance (Single-family Homes)
| Jun 24 | May 24 | Jun 23 | |
|---|---|---|---|
| Home Sales | 191 | 217 | 204 |
| Median Price | $1,631,000 | $1,701,000 | $1,590,000 |
| Average Price | $2,120,119 | $2,191,885 | $2,004,984 |
| SP/LP | 109.1% | 108.8% | 105.0% |
| Days on Market | 29 | 22 | 25 |
Trends at a Glance (Lofts/Townhomes/TIC)
| Jun 24 | May 24 | Jun 23 | |
|---|---|---|---|
| Condo Sales | 169 | 252 | 197 |
| Median Price | $1,098,000 | $1,150,000 | $1,100,000 |
| Average Price | $1,282,903 | $1,383,468 | $1,260,762 |
| SP/LP | 99.2% | 103.2% | 100.2% |
| Days on Market | 43 | 44 | 50 |
Home Prices Mixed, Sales Down in June
- The median sales price for single-family homes fell 4.1% in June from May but was up 2.6% year-over-year.
- The average sales price for single-family homes was down 3.3% month-over-month but up 5.7% year-over-year.
- Sales of single-family homes fell 6.4% year-over-year, with 191 homes sold last month. The average since 2000 is 214.
- The median sales price for condos/lofts was down 0.2% year-over-year.
- The average sales price for condos/lofts was up 1.8% year-over-year.
- Sales of condos/lofts fell 14.2% year-over-year, with 169 condos/lofts sold last month. The average since 2000 is 230.
- The sales price to list price ratio for homes rose from 108.8% to 109.1%. For condos/townhomes, it fell from 103.2% to 99.2%.
- Average days on market were 29 for homes and 43 for condos/lofts.
Momentum Statistics
Sales momentum:
- For homes, it rose from –1.5 to –0.8.
- For condos/lofts, it was down 3.1 points to –14.9.
Pricing momentum:
- For single-family homes, it rose 1.6 points to +1.
- For condos/lofts, it rose 1.1 points to 0.
Our momentum statistics are based on 12-month moving averages to eliminate monthly and seasonal variations.
If you are planning on selling your property, call for a personalized comparative market analysis.
For the on-line report, go here:
https://rereport.com/sf/robb/
To read/print the complete monthly report, go here:
https://rereport.com/sdc/print/RobbFleischerSF.pdf
