August Market Update

JULY 2018 WRAP-UP: SINGLE FAMILY RESIDENCES

The value of homes in San Francisco continues to grow during the summer season. In fact, the median sale price for single family homes reached a new high of $1.7MM for the month of July; a 5% increase from June, and an 18% increase from this time last year.

The median market time remains fairly consistent at 14 days, while the number of homes sold has dropped by 26% compared to July of last year, indicating a tighter supply of inventory…

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