July 2008 San Francisco Home Sales Data is Here!

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).

This month it’s a mixed bag of tricks. 

Sales of single-family, re-sale homes rose 2.4% last month compared to June, and were up, year-over-year, by 3.8%. Year-to-date, home sales are down 7.8%.

Loft/condo sales were up 22% from June, and were flat compared to July 2007. Year-to-date, loft/condo sales are off 22.4%.

The median price for single-family, re-sale homes gained 2.7% from June, but it was down 5.5% year-over-year. The average price was off 7.3%, and it was down 9.7% compared to last July.

The median price for loft/condos in San Francisco gained 0.5% from June, and was up 3.8% year-over-year. The average price for condos rose 1.4% from June.  The average price was up 7.6% year-over-year.

Read on for full details.

Luba