San Francisco Real Estate Update – February 2011

Yet again, Luba’s San Francisco Real Estate Blog brings you the latest San Francisco Real Estate market report. (You can also view previous market updates by selecting the archives on the upper right portion of the screen). Here’s a little glimpse of the report:

The median home price bounced back in February, gaining 4.9% from January. Year-over-year, the median price was down 7.2%.

The graph below shows the sales price to list price ratio as reported at sale compared to the sales price to the original list price ratio.

The following chart shows the median price difference compared to the year before.

Days on the market for homes rose six days to 65 days. For condos/lofts, days on the market soared from sixteen days to 95 days.