Using six-month-rolling figures for monthly median sales prices smooths out the often meaningless monthly fluctuations to illustrate broad, long-term appreciation trends with more clarity.

san-francisco-real-estate-november-2019-report.jpg

Home Sales Volume by Month

A crystal clear illustration of the role of seasonality in the SF real estate market. Starting in November activity begins to plunge towards the mid-winter nadir. Remember that November sales volumes mostly reflect October accepted-offer activity. Market activity hits bottom in December, which makes January the month with the lowest sales volume.

san-francisco-real-estate-november-2019-report-1.jpg

Home Sales & Median Prices by District
HOUSE Sales & Median Sales Prices

Note that districts often include neighborhoods of varying values and that the district median sales prices quoted reflect combined sales. Median prices are broad generalities useful for comparative values and home-price trends, but how they apply to any particular home is unknown without a specific comparative market analysis.

Median sales prices broken out by neighborhood, property type and bedroom count are also available upon request.

san-francisco-real-estate-november-2019-report-2.jpg

Condo, Co-op & TIC Sales by District
2-BR, 2-BA Condo Median Sales Prices

san-francisco-real-estate-november-2019-report-3.jpg

Luxury Home Sales

Sales of homes of $3 million and above in October were a little below the number in October 2018, but looking at September-October sales, there were gains over same-period sales in 2016, 2017 and 2018.

san-francisco-real-estate-november-2019-report-4.jpg

Sales vs. Listings for Sale by Price Segment

san-francisco-real-estate-november-2019-report-5.jpg

Market Dynamics by Property Type & Price Segment

Location is, of course, always important in real estate value – within the the city and within the neighborhood – but to a large degree, market dynamics within San Francisco are also determined by the property type and the price segment. And individual neighborhoods and districts will usually have homes in several or even all of the price segments broken out in the 3 charts below, with these segments seeing differing supply and demand conditions.

Generally speaking, demand is stronger and supply is lower (as compared to demand) for houses over condos. For both houses and condos, market dynamics are somewhat softer in the higher price segments, especially above the $3 million price threshold for condos, and in the $5 million+ price segment for houses.