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South of Market (94103)

 

San Francisco, CA 94103

 
 

Houses

This week the median list price for San Francisco, CA 94103 is $1,445,000 with the market action index hovering around 42. This is an increase over last month's market action index of 35. Inventory has held steady at or around 4.
 

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.
 

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
 

Real-Time Market Profile

Never miss important changes in the San Francisco market.
 
 

 

Median List Price

 

 
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 

Average Days on Market (DOM)

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 

 

Price Per Square Foot

 

 
The market's downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities.
 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 

 

Properties with Price Decrease

 

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 

 

Properties with Price Increase

 

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 
 

Relisted

 

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 
 

Inventory

 

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 
 

Market Action Index

 

 
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 
 
 
 

 

Condos

This week the median list price for San Francisco, CA 94103 is $937,500 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 98.
 

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.
 
Slight Seller's Advantage
 
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
 

Real-Time Market Profile

Never miss important changes in the San Francisco market.
 

 

Median List Price

 

 
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 

 

Average Days on Market (DOM)

 
 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 

 

Price Per Square Foot

 

 
While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money.
 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 

 

Properties with Price Decrease

 

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 

 

Properties with Price Increase

 

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 

 

Relisted

 

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 
 

Inventory

 

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 

 

Market Action Index

 

 
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.
 

 
 
 
 

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