District 9 Central East – Bernal Heights – San Francisco Real Estate agent residential market trends | November 2014
South Of Market {SOMA}
Mission Bay
Potrero Hill
Inner Mission
Bernal Heights
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 9 Central East For the months of January through October 2014 listing prices have increased at a steep incline of 15-17% coupled with a decreasing number of active listings Indicating a short supply market.
MONTH TO MONTH CONFIRMED SALES PRICES
For the month of January through October 2014 Confirmed Sales prices have gradually increased by 15% coupled with a decreasing number of active listings Indicating a short supply 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 58 days to 32 days on the market and property inventory continues to decrease.
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