Median Sales Price Appreciation 4 Views
Long-Term Annual Trends since 1993 (2018 figure reflects YTD sales)
In recent years, house price appreciation has far outpaced that of condos.
3-Month Rolling Median Price Trends since 2005
Year-over-Year Comparisons, 2016-2018: S an Francisco, San Mateo, Santa Clara Counties
Appreciation percentages can change rapidly in these year-over-year comparisons.
Monthly Median Price Changes since 2012 COMBINED House and Condo Median Sales Prices
Monthly and seasonal fluctuations are very common.
Supply & Demand Statistics
More new listings came on market in autumn 2018, providing buyers with more choices and lessening the sense of urgency and competitive bidding.
Luxury Home Sales Hit New Highs
Houses selling for $3 million and above hit an all-time high – by a tad at 38 sales – in October 2018, as reported to MLS. The great majority of these sales occurred in 2 districts, the Noe, Eureka and Cole Valley district, and the Pacific & Presidio Heights-Marina district – though smaller numbers of sales took place in a wide variety of other neighborhoods. The highest-price sales were for $32 million in Pacific Heights and $16 million in Nob Hill. There were 4.5 months of inventory at the end of October, not a particularly high level of inventory for this market segment, and down 15% from October 2017.SF District Median Sales Price Appreciation since 2005
San Francisco Houses
Short-term fluctuations are not particularly meaningful as pertaining to changes in fair market values – and big fluctuations are more common in more expensive areas. What are important are the longer term trendsSan Francisco 2-Bedroom Condos & Co-ops
New condo construction can muddy the water of apples-to-apples comparisons of median condo sales prices over time, but the the general trends are still relatively clear.© 2018 Compass