Inner Mission Market Stats April 2021

Page 1

Local Market Update for March 2021

Inner Mission Market Update March 2021 9C Inner Mission Report provided by the San Francisco Association of REALTORS®

March

Single Family

Year to Date

Key Metrics

2020

2021

Percent Change

New Listings

3

5

+ 66.7%

15

13

- 13.3%

Pending Sales

5

6

+ 20.0%

7

10

+ 42.9%

Sold Listings

4

4

0.0%

6

6

0.0%

Median Sales Price*

$2,418,825

$1,639,000

- 32.2%

$1,750,000

$1,639,000

- 6.3%

Average Sales Price*

$2,240,913

$1,700,750

- 24.1%

$1,987,275

$1,733,000

- 12.8%

17

82

+ 382.4%

29

73

+ 151.7%

Days on Market Active Listings

Thru 3-2020

Thru 3-2021

Percent Change

14

18

+ 28.6%

--

--

--

% of Properties Sold Over List Price

75.0%

0.0%

- 100.0%

66.7%

0.0%

- 100.0%

Percent of List Price Received*

106.9%

97.4%

- 8.9%

104.3%

97.6%

- 6.4%

3.7

4.8

+ 29.7%

--

--

--

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 Key Metrics

2020

2021

New Listings

13

Pending Sales

7

Sold Listings

Year to Date Percent Change

Thru 3-2020

Thru 3-2021

23

+ 76.9%

56

91

+ 62.5%

42

+ 500.0%

26

96

+ 269.2%

Percent Change

16

37

+ 131.3%

30

77

+ 156.7%

Median Sales Price*

$1,167,500

$925,000

- 20.8%

$1,137,500

$955,000

- 16.0%

Average Sales Price*

$1,306,662

$1,018,014

- 22.1%

$1,228,159

$1,065,878

- 13.2%

Days on Market

30

66

+ 120.0%

40

58

+ 45.0%

Active Listings

54

79

+ 46.3%

--

--

--

% of Properties Sold Over List Price

56.3%

40.5%

- 28.1%

63.3%

33.8%

- 46.6%

Percent of List Price Received*

104.1%

103.1%

- 1.0%

104.2%

101.8%

- 2.3%

4.2

4.1

- 2.4%

--

--

--

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 — 9C Inner Mission —

$2,000,000

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

SF Districts 1-10 — 9C Inner Mission —

$1,400,000

$1,800,000

$1,200,000

$1,600,000 $1,000,000

$1,400,000 $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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