San Francisco Real Estate May 2023 Report

The SF Team

May 8, 2023 by The SF Team

May 2023 real estate market report page summarizing recovering demand, sales, listings, prices, and market uncertainties. Chart of San Francisco house prices since 1990, peaking in 2022 before declining to $1.6 million in April 2023. Chart of San Francisco condo prices since 2005, with the April 2023 median at $1,175,000. Chart of San Francisco downtown condo median sale prices, January 2017 to April 2023. Chart comparing 2023 year-to-date median house and condo prices across San Francisco neighborhoods. Chart comparing the highest 2023 year-to-date house and condo sales prices across San Francisco neighborhoods. Chart comparing median house sizes across San Francisco neighborhoods, from Pacific Heights at 4,724 to Ingleside at 1,226 square feet. Bar chart of San Francisco new listings from December 2019 to April 2023; April 2023 volume was down 43% year over year. San Francisco active and coming-soon home listings chart, with monthly counts through May 2023 and a listing-type breakdown. Chart of San Francisco active listings, January 2019–April 2023, with April comparisons and October peaks. Chart of monthly San Francisco pending listings from 2019 to 2023, with April counts highlighted for comparison. Chart of San Francisco $3 million-plus home sales by month, January 2019–April 2023, with April comparisons highlighted. Chart of Bay Area $5 million-plus home sales, showing monthly totals from January 2021 through April 2023. Chart of San Francisco active-listing price reductions from January 2018 to April 2023, with October peaks and a pandemic marker. Chart of San Francisco home sales over list price, January 2018–April 2023, with April 2023 figures by property type. Chart comparing San Francisco house and condo sale prices to original list prices from 2019 to 2023. Line chart comparing San Francisco houses and condos’ average days on market from January 2019 to April 2023. Real estate report notes on statistics, home values, price per square foot, and Compass disclosures.

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We have over 35 years of combined experience in San Francisco real estate. With both of us working for our clients, they receive twice the amount of expertise, attention, and care. We make the selling and buying process as smooth, stress-free, and enjoyable as possible. We genuinely care about our clients and work tirelessly to get them the best results. Contact us to ask any questions and get started. Eva Stoyanov, CA DRE# 01395934 James Shinbori, CA DRE# 01397249 Dorothy Figueroa Rahal, CA DRE# 02070346

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