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.