Thursday, May 9, 2013

Monthly Sales Report

We've posted our monthly sales reports for San Francisco and Marin counties. Below is a graph showing that prices in San Francisco for the five categories of single family homes and condos we study every month have fully recovered back to levels before the downturn that began at the end of 2007.

The only exception is two bedroom, one bath single family homes which reached a high of $755,000 in 2007 and are currently averaging $673,000 so far this year.

Other items of note:  two categories of condos are now more expensive than a comparable or larger single family home.

  • The average cost of a two bedroom, one bath condo is more than for a two bedroom, one bath single family home.  This has been true since the beginning of the recession in 2008.  
  • More recently, the cost of two bedroom, two bath condos has overtaken the average selling price of a three bedroom, two bath single family home.

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