Trends at a Glance (Single-family Homes) ------------- Sep 11 Aug 11 Sep 10 Home Sales: 192 267 173 Median Price: $672,500 $595,000 $710,000 Average Price: $883,112 $828,774 $919,123 Sale/List Price Ratio: 100.3% 99.0% 99.5% Days on Market: 62 63 60 (Lofts/Townhomes/TIC) ------------ Sep 11 Aug 11 Sep 10 Condo Sales: 183 220 194 Median Price: $598,199 $623,500 $631,500 Average Price: $686,094 $693,243 $733,069 Sale/List Price Ratio: 98.1% 98.7% 96.7% Days on Market: 83 84 89
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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