OCTOBER 2018 WRAP-UP: SINGLE FAMILY RESIDENCES
The median sale price of single-family homes reached $1.6MM for the month of October; representing a 2% increase from last year, and a 7% increase from September. The price per square foot hit $948, which is consistent with last year. There were actually 3% more sales this October compared with last year at a total of 241. Citywide, single-family homes are selling for 5% over their list price. So while there is 17% more inventory than last October, the market remains strong.
Looking across neighborhoods, the most single-family homes were sold in Bernal Heights and Glen Park. Buena Vista, Corona Heights, Excelsior, and Portola had the highest sales over list price.
YEAR-OVER-YEAR COMPARISON: SINGLE FAMILY RESIDENCES
YEAR-TO-DATE 2018: SINGLE FAMILY RESIDENCES
MEDIAN AREA VALUES: SINGLE FAMILY RESIDENCES