Trends at a Glance (Single-family Homes) ------------- Feb 12 Jan 12 Feb 11 Home Sales: 171 124 116 Median Price: $650,000 $619,500 $645,000 Average Price: $1,113,371 $759,371 $812,615 Sale/List Price Ratio: 97.6% 98.8% 98.1% Days on Market: 62 82 81 (Lofts/Townhomes/TIC) Feb 12 Jan 12 Feb 11 Condo Sales: 170 151 160 Median Price: $652,500 $610,000 $565,000 Average Price: $747,278 $724,479 $672,836 Sale/List Price Ratio: 99.7% 98.2% 97.8% Days on Market: 89 98 84
Approximate Location Boundaries: Located on the tip of the San Francisco Peninsula
Location Characteristics: San Francisco (population estimated 750,000 as of 2004)is is the fourth largest city in California. The City is the focal point of the San Francisco Bay Area and forms part of the greater San Jose-San Francisco-Oakland combined statistical area, whose population is over 7 million. The City has unique characteristics when compared to other major cities in the U.S., including its steep rolling hills, an eclectic mix of architecture including both Victorian style houses and modern skyscrapers, and unmatched physical beauty, surrounded by the Pacific Ocean and San Francisco Bay. San Francisco famous hallmarks include its cable cars, Golden Gate Park and the Golden Gate Bridge, Which are recongized worldwide.
About Andrew La Mont:
20+ years experience. Office in San Francisco and Millbrae. I currently do about 50% of my business in San Francisco and 50% in northern San Mateo County.
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