SAN FRANCISCO, CA - Hill & Co. Real Estate, San Francisco’s premier residential real estate brokerage, recently released its 4th Quarter 2017 Real Estate Report. The median sales price for San Francisco single family homes in the fourth quarter was $1,500,000, and the median sales price for San Francisco condos and lofts in the fourth quarter was $1,175,000.
Demand for homes in San Francisco remains incredibly strong, and all indications are the city’s real estate market will remain hot in 2018.
The lead story in the Hill & Co. report provides a look back at 2017, and explains how over-asking bids are the new normal in San Francisco and the Bay Area. A second piece provides a deeper dive into the marketplace, and reveals how record-breaking deals were recorded in San Francisco in 2017 in spite of uncertainties caused by the election of a new president, the new tax law, and foreign events.
The report features a number of charts, including fourth 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.
The entire report can be found at 4th Quarter 2017 Real Estate Report.
About Hill & Co. Real Estate
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