The latest market report is here. (You can also view previous market updates by selecting the archives on the upper right portion of the screen).
A snapshot of what’s in store for your eyes:
Home sales re-bounded from the record low set in January. The sale of single-family, re-sales homes rose 29.2% from January, a 25.1% decline year-over-year. Sales of condos and lofts rose 42.2% month-over-month, but were down 33.8% compared to last February.
The median price for single-family, re-sale homes dropped 8.3% from Janaury, but, was up 2.1% year-over-year. The average price dropped 2.6%, yet, it gained 15.5% compared to last February.
The median price for condos in San Francisco rose 6.3% to $755,000 from January, up 16.5% year-over-year. The average price for condos dropped 6.2% to $830,129 compared to January. The average price was up 9.8% year-over-year.
In a nutshell – sales are down, but price are up, year over year that is. Check out the full report here