San Francisco Home Sales Data – October 2007

Well… I apologize for my lateness! This report should have been posted last Thursday, but things have been hectic in Luba Land (as an old friend used to say, I’ve been busier than a one-legged man in a butt kicking contest), and I’m just now getting to pulling the statistics for you all! If you paid attention to last month’s report, you’ll notice that the number of sales is WAY up for single family homes and condos, while TIC’s have remained fairly stable in all categories.

Here’s this month’s summary of home sales pulled directly from the MLS. Remember, these are all closed sales and not pending sales.

Check back monthly to get the latest facts and figures – and if you have any questions and these statistics, or the market in general, feel free to give me a holler! I’m always happy to talk "real estate!" 🙂

Here’s a quick snapshot of the market from October 1, 2007 through October 31, 2007:

Single Family Homes

  • 249 Homes Sold
  • Median Sale Price was $844,000
  • Minimum Sale Price was $222,000
  • Maximum Sale Price was $15,000,000
  • Median Selling Price was 102% of asking price
  • Median Days on Market was 32
  • Median Days on Market for homes that sold within 30 days was 105% of asking price

Condominiums, Lofts & Co-ops

  • 208 Homes Sold
  • Median Sale Price was $742,500
  • Minimum Sale Price was $221,128
  • Maximum Sale Price was $3,495,000
  • Median Selling Price was 101% of asking price
  • Median Days on Market was 28
  • Median Days on Market for homes that sold within 30 days was 102% of asking price

TIC’s

  • 48 Homes Sold
  • Median Sale Price was $649,500
  • Minimum Sale Price was $260,000
  • Maximum Sale Price was $1,675,000
  • Median Selling Price was 100% of asking price
  • Median Days on Market was 59
  • Median Days on Market for homes that sold within 30 days was 106% of asking price

Luba

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