District 10 – South East – Little Hollywood – San Francisco Real Estate agent residential market trends | November 2014

District 10 – South East – Little Hollywood – San Francisco Real Estate agent residential market trends | November 2014

GENERAL MARKET TRENDS SAN FRANCISCO
With low interest rates coupled with decreasing to lower inventory and high demand for properties in San Francisco the year to year sales prices continue to rise and the market conditions favors a sellers market.

MONTH TO MONTH LISTINGS PRICES
District 10 South East For the months of January through October 2014 listing prices have increased at a steep incline of 10% coupled with a decreasing number of active listings Indicating a short supply market.

MONTH TO MONTH CONFIRMED SALES PRICES
Month to month Confirmed sales price statistics Indicate  a 10-12% increase in sales prices. The list to sales price ratio is 110% indicating a steep sellers market.

MONTH TO MONTH LISTING PERIOD – DAYS ON MARKET {DOM}
Over the course of 2014 the month-to-month active property listing period has dropped from 57 days to 28 days on the market and  property inventory continues to decrease.

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