Bernal Heights Market Snapshot April 27, 2021

Page 1

Local Market Update for March 2021

Bernal Heights Market Update March 2021 9A Bernal Heights Report provided by the San Francisco Association of REALTORS®

March

Single Family

Year to Date

Key Metrics

2020

2021

Percent Change

New Listings

9

15

+ 66.7%

Thru 3-2020

Thru 3-2021

Percent Change

38

44

+ 15.8%

Pending Sales

9

23

+ 155.6%

29

50

+ 72.4%

Sold Listings

11

21

+ 90.9%

26

45

+ 73.1%

Median Sales Price*

$1,420,000

$1,725,000

+ 21.5%

$1,475,000

$1,615,000

+ 9.5%

Average Sales Price*

$1,522,909

$1,664,429

+ 9.3%

$1,699,192

$1,635,571

- 3.7%

14

36

+ 157.1%

14

34

+ 142.9%

Days on Market Active Listings

26

23

- 11.5%

--

--

--

% of Properties Sold Over List Price

100.0%

76.2%

- 23.8%

92.3%

62.2%

- 32.6%

Percent of List Price Received*

120.9%

114.0%

- 5.7%

115.5%

109.1%

- 5.5%

1.9

1.3

- 31.6%

--

--

--

Months Supply

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

March

Condo/TIC/Coop

Year to Date

Key Metrics

2020

2021

Percent Change

Thru 3-2020

Thru 3-2021

Percent Change

New Listings

3

7

+ 133.3%

9

16

+ 77.8%

Pending Sales

2

7

+ 250.0%

7

11

+ 57.1%

Sold Listings

3

5

+ 66.7%

7

6

- 14.3%

Median Sales Price*

$1,330,000

$1,100,000

- 17.3%

$957,500

$1,097,500

+ 14.6%

Average Sales Price*

$1,278,333

$1,264,000

- 1.1%

$1,175,357

$1,225,000

+ 4.2%

Days on Market

27

40

+ 48.1%

38

45

+ 18.4%

Active Listings

9

16

+ 77.8%

--

--

--

% of Properties Sold Over List Price

100.0%

80.0%

- 20.0%

57.1%

83.3%

+ 45.9%

Percent of List Price Received*

112.4%

106.0%

- 5.7%

104.2%

105.6%

+ 1.3%

3.0

4.2

+ 40.0%

--

--

--

Months Supply

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price – Single Family Rolling 12-Month Calculation

SF Districts 1-10 — 9A Bernal Heights —

$1,800,000

Median Sales Price – Condo/TIC/Coop Rolling 12-Month Calculation

SF Districts 1-10 — 9A Bernal Heights —

$1,400,000

$1,600,000

$1,200,000

$1,400,000 $1,000,000 $1,200,000 $800,000 $1,000,000 $600,000

$800,000 $600,000 3-2011

3-2013

3-2015

3-2017

3-2019

Data provided by the San Francisco Association of Realtors Current as of March 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. Badessa DRE: 01876759

3-2021

$400,000 3-2011

3-2013

3-2015

3-2017

3-2019

3-2021

Dean Badessa 415.474.5140 m Dean@DeanBadessa.com

Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime.


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Bernal Heights Market Snapshot April 27, 2021 by Dean Badessa | Sotheby's International Realty - Issuu