San Francisco Real Estate Market Trends

Q1 Analysis: Jan-March

2024:

Active Listings: 804

Avg. List Price: $1,660,334 (↑)

Avg. Sale Price: $1,708,648 (↑)

Closed Sales: 769 (↑)

Avg. Days on Market: 44 (↓)

2023:

Avg. List Price: $1,549,361 (↓)

Avg. Sale Price: $1,567,199 (↓)

Closed Sales: 753 (↓)

Avg. Days on Market: 51 (↑)

2022:

Avg. List Price: $1,637,175

Avg. Sale Price: $1,832,557

Closed Sales: 1,219

Avg. Days on Market: 30

Key Takeaway:

In Q1 2024, San Francisco's real estate market has experienced an increase in average list and sale prices, as well as in the number of closed sales, compared to Q1 2023. The average days on market have decreased, indicating a quicker turnover of properties. Compared to Q1 2022, there is a slight increase in the average list price, but a notable decrease in both average sale price and closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan-March

2024:

Active Listings: 27

Avg. List Price: $842,139 (↓)

Avg. Sale Price: $853,676 (↓)

Closed Sales: 23 (↓)

Avg. Days on Market: 63 (↓)

2023:

Avg. List Price: $848,031 (↓)

Avg. Sale Price: $870,538 (↓)

Closed Sales: 26 (↓)

Avg. Days on Market: 78 (↑)

2022:

Avg. List Price: $942,891

Avg. Sale Price: $1,063,438

Closed Sales: 32

Avg. Days on Market: 21

Key Takeaway:

In Q1 2024, Bayview's real estate market has experienced a decrease in average list and sale prices, as well as in the number of closed sales, compared to Q1 2023. The average days on market have decreased, indicating a quicker turnover of properties. Compared to Q1 2022, there is a notable decrease in both average list and sale prices, as well as in closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan-March

2024:

Active Listings: 45

Avg. List Price: $1,438,016 (↓)

Avg. Sale Price: $1,478,750 (↓)

Closed Sales: 63 (↑)

Avg. Days on Market: 37 (↑)

2023:

Avg. List Price: $1,479,123 (↓)

Avg. Sale Price: $1,561,358 (↓)

Closed Sales: 57 (↓)

Avg. Days on Market: 31 (↑)

2022:

Avg. List Price: $1,535,294

Avg. Sale Price: $1,753,328

Closed Sales: 107

Avg. Days on Market: 23

Key Takeaway:

In Q1 2024, the Bernal Heights/Mission real estate market has experienced a decrease in average list and sale prices, but an increase in the number of closed sales compared to Q1 2023. The average days on market have increased, indicating a slower turnover of properties. Compared to Q1 2022, there is a notable decrease in both average list and sale prices, as well as in closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan-March

2024:

Active Listings: 43

Avg. List Price: $1,931,261 (↓)

Avg. Sale Price: $2,020,739 (↑)

Closed Sales: 88 (↑)

Avg. Days on Market: 33 (↓)

2023:

Avg. List Price: $1,970,327 (↑)

Avg. Sale Price: $2,013,368 (↓)

Closed Sales: 78 (↓)

Avg. Days on Market: 39 (↑)

2022:

Avg. List Price: $1,928,446

Avg. Sale Price: $2,192,910

Closed Sales: 112

Avg. Days on Market: 19

Key Takeaway:

In Q1 2024, Duboce Triangle's real estate market has experienced a slight decrease in average list price but an increase in average sale price compared to Q1 2023. The number of closed sales has increased, and the average days on market have decreased, indicating a quicker turnover of properties. Compared to Q1 2022, there is a slight increase in the average list price, but a noticeable decrease in both average sale price and closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan-March

2024:

Active Listings: 39

Avg. List Price: $1,132,729 (↓)

Avg. Sale Price: $1,206,539 (↓)

Closed Sales: 41 (↓)

Avg. Days on Market: 47 (↑)

2023:

Avg. List Price: $1,179,024 (↑)

Avg. Sale Price: $1,220,788 (↓)

Closed Sales: 48 (↓)

Avg. Days on Market: 34 (↑)

2022:

Avg. List Price: $1,107,586

Avg. Sale Price: $1,308,906

Closed Sales: 71

Avg. Days on Market: 21

Key Takeaway:

In Q1 2024, Excelsior's real estate market has experienced a decrease in average list and sale prices, as well as in the number of closed sales, compared to Q1 2023. The average days on market have increased, indicating a slower turnover of properties. Compared to Q1 2022, there is an increase in the average list price, but a notable decrease in both average sale price and closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan-March

2024:

Active Listings: 36

Avg. List Price: $1,566,046 (↑)

Avg. Sale Price: $1,664,968 (↑)

Closed Sales: 41 (↓)

Avg. Days on Market: 33 (→)

2023:

Avg. List Price: $1,463,278 (↓)

Avg. Sale Price: $1,537,366 (↓)

Closed Sales: 46 (↓)

Avg. Days on Market: 33 (↑)

2022:

Avg. List Price: $1,724,990

Avg. Sale Price: $2,048,537

Closed Sales: 83

Avg. Days on Market: 22

Key Takeaway:

In Q1 2024, Glen Park's real estate market has experienced an increase in average list and sale prices compared to Q1 2023, but a decrease in the number of closed sales. The average days on market remain unchanged, indicating a stable turnover of properties. Compared to Q1 2022, there is a notable decrease in both average list and sale prices, as well as in closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan-March

2024:

Active Listings: 46

Avg. List Price: $3,567,400 (↑)

Avg. Sale Price: $3,478,000 (↑)

Closed Sales: 25 (↑)

Avg. Days on Market: 39 (↓)

2023:

Avg. List Price: $2,897,133 (↑)

Avg. Sale Price: $2,778,867 (↑)

Closed Sales: 15 (↓)

Avg. Days on Market: 50 (↑)

2022:

Avg. List Price: $2,581,175

Avg. Sale Price: $2,745,038

Closed Sales: 40

Avg. Days on Market: 23

Key Takeaway:

In Q1 2024, Marina's real estate market has experienced a significant increase in average list and sale prices compared to Q1 2023, along with an increase in the number of closed sales. The average days on market have decreased, indicating a quicker turnover of properties. Compared to Q1 2022, there is a considerable increase in both average list and sale prices, but a decrease in closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

 Q1 Analysis: Jan-March

2024:

Active Listings: 30

Avg. List Price: $2,008,172 (↓)

Avg. Sale Price: $2,096,563 (↓)

Closed Sales: 64 (↑)

Avg. Days on Market: 34 (↓)

2023:

Avg. List Price: $2,269,116 (↑)

Avg. Sale Price: $2,326,557 (↑)

Closed Sales: 43 (↓)

Avg. Days on Market: 41 (↑)

2022:

Avg. List Price: $1,754,741

Avg. Sale Price: $2,023,453

Closed Sales: 54

Avg. Days on Market: 19

Key Takeaway:

In Q1 2024, Noe Valley's real estate market has experienced a decrease in average list and sale prices, but an increase in the number of closed sales compared to Q1 2023. The average days on market have decreased, indicating a quicker turnover of properties. Compared to Q1 2022, there is an increase in the average list price, but a slight decrease in average sale price and an increase in closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan-March

2024:

Active Listings: 74

Avg. List Price: $1,246,853 (↓)

Avg. Sale Price: $1,252,140 (↓)

Closed Sales: 52 (↑)

Avg. Days on Market: 58 (↑)

2023:

Avg. List Price: $1,603,243 (↓)

Avg. Sale Price: $1,628,592 (↓)

Closed Sales: 36 (↓)

Avg. Days on Market: 35 (↑)

2022:

Avg. List Price: $2,090,172

Avg. Sale Price: $2,350,679

Closed Sales: 58

Avg. Days on Market: 19

Key Takeaway:

In Q1 2024, Potrero Hill's real estate market has experienced a significant decrease in average list and sale prices compared to Q1 2023, but an increase in the number of closed sales. The average days on market have increased, indicating a slower turnover of properties. Compared to Q1 2022, there is a drastic decrease in both average list and sale prices, and a slight decrease in closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan-March

2024:

Active Listings: 43

Avg. List Price: $2,610,212 (↓)

Avg. Sale Price: $2,684,647 (↓)

Closed Sales: 56 (↑)

Avg. Days on Market: 32 (↓)

2023:

Avg. List Price: $2,759,442 (↑)

Avg. Sale Price: $2,712,218 (↑)

Closed Sales: 54 (↓)

Avg. Days on Market: 39 (↑)

2022:

Avg. List Price: $1,932,066

Avg. Sale Price: $2,195,677

Closed Sales: 90

Avg. Days on Market: 22

Key Takeaway:

In Q1 2024, Richmond's real estate market has experienced a decrease in average list and sale prices compared to Q1 2023, but an increase in the number of closed sales. The average days on market have decreased, indicating a quicker turnover of properties. Compared to Q1 2022, there is a significant increase in both average list and sale prices, but a decrease in closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

 Q1 Analysis: Jan-March

2024:

Active Listings: 80

Avg. List Price: $1,237,875 (↑)

Avg. Sale Price: $1,217,596 (↓)

Closed Sales: 57 (↑)

Avg. Days on Market: 58 (↓)

2023:

Avg. List Price: $1,235,246 (↓)

Avg. Sale Price: $1,230,005 (↓)

Closed Sales: 56 (↓)

Avg. Days on Market: 66 (↑)

2022:

Avg. List Price: $1,536,308

Avg. Sale Price: $1,590,970

Closed Sales: 73

Avg. Days on Market: 42

Key Takeaway:

In Q1 2024, Russian Hill's real estate market has experienced a slight increase in average list price, but a decrease in average sale price, compared to Q1 2023. The number of closed sales has increased, while the average days on market have decreased, indicating a quicker turnover of properties. Compared to Q1 2022, there is a significant decrease in both average list and sale prices, as well as in closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan-March

2024:

Active Listings: 101

Avg. List Price: $2,156,486 (↑)

Avg. Sale Price: $2,056,986 (↑)

Closed Sales: 37 (↑)

Avg. Days on Market: 74 (↓)

2023:

Avg. List Price: $1,865,037 (↑)

Avg. Sale Price: $1,717,523 (↑)

Closed Sales: 35 (↓)

Avg. Days on Market: 97 (↑)

2022:

Avg. List Price: $1,621,179

Avg. Sale Price: $1,595,988

Closed Sales: 56

Avg. Days on Market: 62

Key Takeaway:

In Q1 2024, Soma's real estate market has experienced an increase in average list and sale prices, as well as in the number of closed sales, compared to Q1 2023. The average days on market have decreased, indicating a quicker turnover of properties. Compared to Q1 2022, there is a significant increase in both average list and sale prices, but a decrease in closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan-March

2024:

Active Listings: 40

Avg. List Price: $1,360,766 (↓)

Avg. Sale Price: $1,525,504 (↑)

Closed Sales: 95 (↓)

Avg. Days on Market: 29 (↓)

2023:

Avg. List Price: $1,416,814 (↑)

Avg. Sale Price: $1,495,778 (↓)

Closed Sales: 110 (↓)

Avg. Days on Market: 32 (↑)

2022:

Avg. List Price: $1,395,000

Avg. Sale Price: $1,725,000

Closed Sales: 145

Avg. Days on Market: 24

Key Takeaway:

In Q1 2024, Sunset's real estate market has experienced a decrease in average list price but an increase in average sale price compared to Q1 2023. The number of closed sales has decreased, and the average days on market have also decreased, indicating a quicker turnover of properties. Compared to Q1 2022, there is a decrease in both average list and sale prices, as well as a significant drop in closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024