Here we are in summer, nearly a month after San Francisco completely re-opened on June 15th. As we know, the single-family market has seen nothing but higher demand throughout the pandemic. This trend hasn't slowed down: a new record high in median sales price was recorded in June for single-family homes @ $1.88M. This is a 13%+ increase over June of 2020, and a 15% increase over June 2019.
The condo market has been the opposite story since the onset of the pandemic, the demand from single-family buyers spilled over to condominiums. Boutique condos (think 2-4 unit buildings) are receiving record-breaking demand; the median sales price of condos in the city has increased 7.5% over this time last year. The more meaningful statistic is that the median sale price for condos in the city has surpassed that of year over year comparisons dating back to June 2019, pre-pandemic activity.
If you have any specific questions about the market, feel free to reach out. And a
s always. click here for the full Bay Area Market Report.
Cheers,
Debbie
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Family Fun Festival
Happening tomorrow! Shop small 40 local makers, designers and Live music by Foggy Dog Music.
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Classical Revolution Saturdays at Liberties Bar SF
Liberties Bar and Classical Revolution present live music on their sidewalk patio. Admission is free, suggested donation $5-20 to support the musicians.
Liberties features traditional Irish pub fare, including a food menu, cold beer on tap, specialty cocktails, and an extensive spirits list. Slainte!
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Summer DIY with SF Etsy at
Ghirardelli Square
Come and create with SF Etsy the last Thursday each month this summer in the Fountain Plaza of Ghirardelli Square!
Grab a to-go beer (beer and other goodies for purchase available) at San Francisco Brewing Co. and sip along as you create something inspired by the character of San Francisco!
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1910 45th Avenue- Seller Represented
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79 Norton Street- Buyer Represented
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101 Bepler Street- Seller Represented
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1366 5th Avenue- Buyer Represented
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*Seek advice and counsel of a medical professional and/or officials prior to going outdoors or any items mentioned in the above.
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© Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.
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