2009 San Francisco Sales Data

I run this report every month, but this time, I thought I’d let you look at the WHOLE year ALL at once!
So here’s 2009’s summary of home sales pulled directly from the MLS. Remember, these are all closed sales and not pending sales.  (And also remember that very few sales from new developments ever end up on the MLS.) 
Check back monthly to get the latest facts and figures – and if you have any questions about these statistics, or the market in general, feel free to give me a holler! I’m always happy to talk “real estate!”
Here’s a quick snapshot of the market from January 1, 2009 through December 31, 2009:
Single Family Homes

• 2160 Homes Sold

• Median Sale Price was $748,000

• Minimum Sale Price was $115,000

• Maximum Sale Price was $14,000,000

• Median Selling Price was 99.5% of asking price

• Median Days on Market was 42

• Median Selling Price for homes that sold within 30 days was 102.5% of asking price

Condominiums, Lofts & Co-ops

• 1726 Homes Sold

• Median Sale Price was $670,000

• Minimum Sale Price was $115,000

• Maximum Sale Price was $7,250,000

• Median Selling Price was 96.5% of asking price

• Median Days on Market was 61

• Median Selling Price for homes that sold within 30 days was 98.5% of asking price

TIC’s

• 406 Homes Sold

• Median Sale Price was $540,000

• Minimum Sale Price was $225,000

• Maximum Sale Price was $2,396,000

• Median Selling Price was 98% of asking price

• Median Days on Market was 70

• Median Selling Price for homes that sold within 30 days was 99.5% of asking price