Zephyr’s Winter Market Update Report 2008
Well, one thing is for certain: the real estate market is never dull. With so many economic factors in play in today’s market, the tight lending standards, the flux of the stock market, the increase in unemployment, it’s no wonder so many people are sitting on the sidelines waiting to see what will happen next. Unfortunately, what often happens to those on the sidelines is that they wind up getting into the game late. There are opportunities to be found, especially in this market. Consider this:
In a City with neighborhoods so nuanced that prices can often vary block by block, it’s more important than ever to work with someone who can help you navigate through this market. If you’d like more detailed information on your specific neighborhood or have any questions, please don’t hesitate to contact me. |
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| San Francisco at a Glance | |||
| 4th Quarter 2008 | Single Family Homes | Condos/TICs/Lofts | |
| Average Sales Price Median Sales Price Average Days on Market Months Supply of Inventory End of Month Inventory |
$927.412 $729,000 58 5.5 555 |
$786,684 $690,000 65 6.2 708 |
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| October 2008 | Single Family Homes | Condos/TICs/Lofts | |
| Average Sales Price Median Sales Price Average Days on Market Months Supply of Inventory End of Month Inventory |
$928,253 $757,500 53 4.7 835 |
$809,710 $725,000 58 7.7 1,181 |
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| November 2008 | Single Family Homes | Condos/TICs/Lofts | |
| Average Sales Price Median Sales Price Average Days on Market Months Supply of Inventory End of Month Inventory |
$1,003,312 $750,000 54 5.5 753 |
$803,226 $675,000 63 9.6 1,071 |
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| December 2008 | Single Family Homes | Condos/TICs/Lofts | |
| Average Sales Price Median Sales Price Average Days on Market Months Supply of Inventory End of Month Inventory |
$843,963 $704,900 67 5.4 555 |
$740,223 $625,000 73 6.2 708 |
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| Data based on sales of residential property as reported to the San Francisco Association of Realtors Multiple Listing Service during the periods shown. | |||
Popularity: 27%










