Here is this month’s report on the real estate market in District 10, San Francisco, CA. Looking to sell or buy a home in the Bayview? Here are the most current stats to help you make informed decisions.
MARKET ACTION INDEX
This week the median list price for San Francisco, CA 94124 is $962,450 with the market action index hovering around 68. This is less than last month’s market action index of 72. Inventory has held steady at or around 8. Click here to stay informed with the San Francisco market!
This answers “How’s the Market?” by comparing rate of sales versus inventory.
The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.