Ever since the Great Recession ended in about June 2009, the market has strengthened to once again become a cornerstone of the national economy. Better lending standards, lower oil prices and higher wages are a few of the catalysts for positive change.
For San Francisco, the Median Sales Price was up 18.8% to $1,284,444 for single family homes and 6.3% to $1,010,000 for Condo/TIC/Coop properties. Months Supply of Inventory decreased 23.8% for single family homes and 28.6% for Condo/TIC/Coop units.
Click here to read the full report: SFAR MarketFocus – July 2015
The San Francisco market continues to be a Seller’s market. The key to success in this market is a perfectly planned and executed marketing strategy. If you are considering making a move, please call. I will use my network of top agents and active Buyers to deliver you the Highest Possible Price and Best Terms for your home!