More signs of an extraordinary market: 90% of listings sold in April sold without any price reductions, at an average sales price 7.5% over list price. Huge demand is chasing a too-small supply of homes for sale.
Updated San Francisco Market Charts
Sales Price to List Price Percentage & Days on Market In November, the vast majority of San Francisco homes that sold, sold very quickly without any price reduction, at an average sales price 4% above the list price: That is … Continue reading →
What’s a Better Value in San Francisco, A Condo or a Home? (Part 1)
Real estate lore holds that if the market for single-family homes is doing badly, the condominium market will be doing worse. But what about San Francisco, which is the textbook case of a supply-constrained market with high barriers to entry?