San Francisco Housing Market Tracker
Online real estate broker Redfin has posted some detailed figures on the San Francisco housing market for March 2015. Compare some of the latest and most relevant statistics per neigborhood in this database.
How to Use this Silk: Browse the charts and maps. Click "Explore" anywhere on the site to go into visualization and filtering mode. Search for individual pages or entities in the top search box.
Median sale prices per San Francisco neighborhood for March 2015
Year-over-year price gain - only 6 neighborhoods didnt see a price gain from March last year
Last month, the median San Francisco home was sold for over $1 million but there is a considerable spread throughout the city's neighborhoods: median sale prices ranged from $605,000 in Tenderloin to $2.8 million in Pacific Heights.
For 31 neighborhoods sale prices were higher than the same month a year ago - in Telegraph Hill the median sale price was twice as high and in Pacific Heights the price gain was even considerably higher:
The higher sale prices aren't the only indicator of a seller's market in San Francisco's real estate.
- In all but three neighborhoods the median home was sold for more than the asking price - on average some 12% more but up to 39% more in Sunnyside.
- The majority of homes were sold within 2 weeks. In Tenderloin the median home was only on the market for 6 days. Notable exception was Telegraph Hill, where the median home remained on the market for 39 days.
- While a healthy housing market has a supply of something like 6 months (meaning it would take 6 months to sell all homes in the given area if no new listings were added) San Francisco's average "Months of Supply" is exactly 1 and in some neighborhoods it dropped as low as a week.