It may come as no surprise to many following the real estate market in San Francisco, but as of April 2014 the median home price of a single family home topped a million dollars and continues to climb.
In district 5 despite modest rise in inventory demand remains high and the competition can still be fierce. The need for an experienced agent in your corner is greater than ever such that you can prevail as a buyer or maximize your return as a seller.
Median Sales Price Continues to Climb
Median Sales Price – All Prices
Data Parameters:
Median sales price by property type by year for the past 10 years.
Underlying Data:
| Year | Single-Family Homes | Condos/TICs/Lofts | 2-4 Units |
|---|---|---|---|
| 2004 | 777000 | 599000 | 1060000 |
| 2005 | 883000 | 712000 | 1250000 |
| 2006 | 845000 | 705000 | 1309000 |
| 2007 | 892000 | 730000 | 1350000 |
| 2008 | 821000 | 730000 | 1250000 |
| 2009 | 745000 | 640000 | 1050000 |
| 2010 | 748000 | 650000 | 1050000 |
| 2011 | 690000 | 629000 | 1012500 |
| 2012 | 760000 | 705000 | 1100000 |
| 2013 | 910750 | 820000 | 1350000 |
| 2014 | 1060000 | 945000 | 1500000 |