Fast Facts for the San Francisco Real Estate Market

May 20, 2009 by · Leave a Comment 

Set forth are side by side comparisons of Single Family Residence, Condominium, and 2-4 Unit Dwelling sales activity

Fast Facts on SF Market 5/13/09
Supply & Demand SFR
Supply & Demand Condo/Loft  
Sales Rate SFR and Condo/Loft
Sales Rate SFR
Sales Rate Condo/Loft
 
Supply Demand SFR.pdf
Supply & Demand SFR

Supply Demand Condo Loft.pdf
Supply and Demand Condo/Loft 

Sales Rate SFR and Condo Loft.pdf
Sales Rate SFR and Condo/Loft

Rate SFR.pdf
Sales Rate SFR

Sales Rate Condo Loft.pdf
Sales Rate Condo/Loft
Median Price SFR and Condo/Loft
Median Price SFR
Median Price Condo/Loft
Supply & Demand SFR and Condo/Loft

Median Price SFR and Condo Loft.pdf
Median Price SFR and Condo/Loft 

Median Price SFR.pdf
Median Price SFR

Median Price Condo Loft.pdf
Median Price Condo/Loft

Supply Demand SFR and Condo Loft.pdf
Supply and Demand SFR & Condo/Loft

Single Family Homes
April 2009 Single Family Homes  

Condos 
April 2009 Condo

2-4 Units 
April 2009 2-4 Units

NUMBER OF UNITS is the equivalent of number of sales/transactions. For condominiums, each unit is treated as a sale. For 2- to 4-unit buildings, the “building” is treated as a sale.

NUMBER SOLD is the number of properties in the market segment that closed escrow during the month.

NUMBER FOR SALE is the number of active properties on the market for one day or more during the month.

MEDIAN PRICE (SOLD) reflects the “middle” price point of a group of properties that have successfully closed escrow on a monthly basis, i.e. half sold for more and half sold for less than the median price. Tracking the movement of median prices over time provides a good indicator of the direction market forces are moving.

If the percentage change is positive between the two periods then there is upward pressure on prices in that market segment. If the percentage change is negative between the two periods then there is downward pressure on prices in that market segment.

AVERAGE DAYS ON MARKET (DOM) reflects how long it has been taking (on average) to draw an offer on a reasonably priced property exposed to the market. The AVERAGE DAYS ON MARKET is defined as: The average number of days it took all of the properties that went under contract during the period to accept a first  position offer.

MONTH’S SUPPLY OF INVENTORY (MSI) is a measure of how long it would take, in months, to sell the existing inventory at the current sales rate for the specific neighborhood and property type.

The MONTH’S SUPPLY OF INVENTORY is defined as:  The number of active properties on the market for one day or more during the month, less the number of properties that have been withdrawn or expired, divided by the number of properties that have gone under contract during the month.

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Data provided by Terradatum. For additional information about market statistics and/or additional information about Terradatum’s products and services, please call Terradatum at 1-888-212-4793 Ext. 2 or send e-mail to info@terradatum.com <mailto:info@terradatum.com>

 

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