District 6 Central North – Hayes Valley – San Francisco Real Estate agent residential market trends | November 2014
Lower Pacific Heights
Anza Vista
Western Addition
North Panhandle
Alamo Square
Hayes Valley
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 6 Central North For the months of January through October 2014 listing prices have gradually increased at a steep incline of 13-15%% 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 Indictate a 15% gradual increase in sales prices. The list to sales price ratio is 100% 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 35 days to 20 days on the market and property inventory continues to decrease.
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