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March 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).
A snapshot of what’s in store for your eyes:

Sales Continue Rising in March

Both single-family, re-sale homes and condo sales rose in March. The sale of single-family, re-sales homes gained 7.3% from February, a 24.2% decline year-over-year. Sales of condos and lofts rose 10.3% month-over-month, but were down 36% compared to last March.

The median price for single-family, re-sale homes rose 8.5% from February, and it was up 0.1% year-over-year. The average price rose 3.6%, yet, it was down 5.4% compared to last March.

The median price for condos in San Francisco rose 1.4% to $765,575 from February, up 7.1% year-over-year. The average price for condos gained 10.1% to $914,187, a new record high. The average price was up 14% year-over-year.