District 3 Southwest – Stonestown – San Francisco Real Estate agent residential market trends | November 2014
Pine Lake Park
Lake Shore
Stonestown
Merced Heights
Ingleside Heights
ingleside
Oceanview
GENERAL RESIDENTIAL SAN FRANCISCO REAL ESTATE MARKET ACTIVITY TRENDS SF – AGENTS
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 3 Southwest, For the months of January through October 2014 listing prices have gradually increased at a steep incline of 15-17% coupled with a decreasing number of active listings Indicating a short supply market.
MONTH TO MONTH SALES PRICES
Month to month Confirmed sales price statistics Indicate a 8-10% gradual increase in sales prices. The list to sales price ratio is 82% 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 48 days to 28 days on the market and property inventory continues to decrease.
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