DISTRICTS 7 AND 8
CONDOMINIUM SALES districts 7 and 8 market overview
Average sales prices of SFHs remained fairly consistent, from $4,332,079 in 2012 to $4,316,067 in 2013. The average sales price of condominiums in Districts 7 and 8 increased by 9.1 percent in the fourth quarter of 2013, from $1,110,151 in 2012 to $1,210,598 in 2013. The number of closed sales of SFHs decreased by 21.1 percent, while the number of closed sales of condominiums increased by 1.8 percent. The average days on market dropped significantly for both single-family homes and condominiums. SFHs saw an average of 45 days on market in 2013, a 15 percent decline from 2012. The average days on market decreased by 20.8 percent for condominiums, from 56 days in 2012 to 44 days in 2013.
Average Days on Market
Russian Hill Cooperative
100 90 80 70 60 50 40 30 20 10
Price: $4,995,000 Agents: Richard Bastoni and Jeffrey Wahl
0
2009
2010
2011
2012
San Francisco
2 br / 2 ba | 1 br / 1 ba
2013
Districts 7 & 8
Average sales price
Two apartments being sold together with dramatic views of the North Bay, Alcatraz, downtown and Coit Tower. Apartment 805: spacious northeast corner living room with deck and fireplace, a kitchen which opens to a dining room, beautiful panelled library with views. Apartment 804: 1 bedroom with a wet bar, powder room and deck with views.
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$-
2009
2010
San Francisco
2011
2012
2013
Districts 7 & 8
districts 7&8 condominiums 2009
2010
2011
2012
2013
Average List Price
$920,190
$932,139
$880,693
$1,109,972
$1,183,534
Average Sales Price
$897,968
$902,369
$859,102
$1,110,151
$1,210,598
Average Days on Market
90
87
90
56
44
Total Condominiums Sold
201
170
183
222
226