San Francisco Real Estate Market 1st Quarter Report
Posted by Garey De Martini — April 22, 2016
SAN FRANCISCO – Hill & Co. Real Estate, San Francisco’s premier residential real estate brokerage, released its 1st Quarter 2016 San Francisco Real Estate Report today.
The number of homes sold in the first quarter dropped this year in comparison to last year during the same period. Sellers seem reluctant to bring their properties to the market, and consequently inventory remains low. Those sellers of single family homes who did put their houses up for sale did very well in comparison to last year, as every month saw a gain in median sale price over the previous year. Condos did not see gains to the same extent, but the median sale price for condos during the quarter was over $1,000,000.
The entire report can be read by clicking on this link: http://viewer.zmags.com/publication/4370da28
The report features a number of charts, including first quarter home sales by neighborhood. This chart has information on the number of sales in each neighborhood, along with median sale prices, percent of change year-over-year, days on market, median price per square foot and the most expensive sale in the quarter.
About Hill & Co.
Hill & Co. Real Estate has long represented buyers and sellers in the purchase and sale of many of the City’s finest properties. With three offices and nearly 100 full-time agents the brokerage enables clients to successfully navigate San Francisco’s complex real estate market. For more information, visit www.hill-co.com