San Francisco Real Estate Sales Data – August 2009

As I do every most months, I ran the latest San Francisco real estate sales figures from the month of August for you.  Last month I published three month’s of data, but this time, here’s the data for August, raw and unfiltered, just how you like it.

This month, as is common for August, volume is down from July across the board.  The other numbers, including days on market, median sales price and percentage where all across the board.  Another reason sales volume might be lower might have something to do with lenders taking their sweet ass time closing deals.  They seem to like to throw up a lot of road blocks these days, but if you’re a good agent and happen to have internal GPS (the kind that lets you think outside of the box so you can still get deals closed), you just look for a safe detour and keep driving the speed limit.  Yes, it’s a weird analogy, but believe me, it fits. 

So 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 about 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 August 1, 2009 through August 31, 2009:

Single Family Homes

  • 196 Homes Sold
  • Median Sale Price was $705,000
  • Minimum Sale Price was $170,000
  • Maximum Sale Price was $5,500,000
  • Median Selling Price was 101% of asking price
  • Median Days on Market was 40
  • Median Selling Price for homes that sold within 30 days was 104% of asking price

Condominiums, Lofts & Co-ops

  • 151 Homes Sold
  • Median Sale Price was $712,000
  • Minimum Sale Price was $135,000
  • Maximum Sale Price was $6,000,000
  • Median Selling Price was 98% of asking price
  • Median Days on Market was 71
  • Median Selling Price for homes that sold within 30 days was 98.5% of asking price

TIC’s

  • 31 Homes Sold
  • Median Sale Price was $508,000
  • Minimum Sale Price was $299,000
  • Maximum Sale Price was $1,340,000
  • Median Selling Price was 99% of asking price
  • Median Days on Market was 68
  • Median Selling Price for homes that sold within 30 days was 98.5% of asking price

Luba