District 5 - Market Snapshot | February 2015 | SF Real Estate

District 5 Market Snapshot. Above is an infographic for February 2015.

February 2015 Market Snapshot

Single-Family Homes:

We noticed a small increase for Days on Market from January to February. The average days on market for January was 22, and in February it was 31. We also saw a minimal decrease in the median sales price (month over month). In January the median sales price was $2,656,125, and in February it was $2,039,707.

Condos / TIC's:

Condos out performed Single-Family homes month over month. We noticed a decrease for days on market from 46 in January, to 28 in February. Another strong performance for condos as we saw the median sales price rise from $1,023,444 in January, to $1,122, 312 in February.

The Take Away!

We are seeing a minimal increase in inventory across District 5. Single-Family homes are seeing higher days on market which means they are taking slightly longer to sale. Condos are performing better right now and continue to move but are also seeing a small increase to days on market as well. With that being said, it's a bit too early to determine if we are seeing a shift from a true sellers market to a more balanced market between buyer and sellers.

It seems that homes priced in the higher-end market of $2.5 million and above are taking a bit longer to sale as well.

*Pricing a property correctly is one of the most important strategies for a successful sale.

#sanfranciscorealestatemonthlymarketsnapshot #District5MonthlyMarketSnapshot #SFRealEstate #NoeValley #GlenPark #EurekaValley #MissionDOlores #CoronaHeights #BuenaVista #HaightAshbury #TwinPeaks #ColeValley #ClarendonHeights

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George Langford & Rita Sinclair
Senior Sales Associates | Top Producers

E: LangfordSinclairGroup@compass.com

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* Top 1% of 4,100 SF Realtors, District 5 Sales Volume 2014

* Awarded Trulia 2014, 2015 Top Agent Award - Top 1% based on sales & reviews.
* #1 Agent Comapny-wide, District 5 Sales for 2015

* Top Producer



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All information deemed reliable but not guaranteed. Listings are subject to errors, omissions, changes in price, prior sale, rental, and withdrawal without notice.


All data and information set forth on this website regarding real property, for sale, purchase, rental and/or financing, are from sources regarded as reliable. No warranties are made as to the accuracy of any descriptions and/or other details and such information is subject to errors, omissions, changes of price, tenancies, commissions, prior sales, leases or financing, or withdrawal without notice. Square footages are approximate and may be verified by consulting a professional architect or engineer.