District 8 Northeast – Van Ness Civic Center – San Francisco Real Estate agent residential market trends | November 2014
North Waterfront
Russian Hill
Nob Hill
Financial District | Barbary Coast
Downtown San Francisco
Van Ness | Civic Center
Tenderloin
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 8 Northeast 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 SALES PRICES
Month to month Confirmed sales price statistics Indicate a 5% gradual increase in sales prices. The list to sales price ratio is 105% 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 53 days to 29 days on the market and property inventory continues to decrease.
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