It continues to be a seller's market in San Francisco, with prices on single family homes and condominiums prices at a 7% and 11% year over year increase respectively.
Year-to-date residential development performance in San Francisco has been stronger in 2017, as compared to last year with overall transaction volume up by 9%.
Single family homes continue to perform exceptionally well, with purchasers paying an average of 16% over list prices last month. Condominiums purchasers pay an average of 6% over list price. Both single family homes and condominiums are selling one week faster than they did in 2016.