* 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.
Key Metrics 20222023 Percent Change Thru 3-2022Thru 3-2023 Percent Change New Listings 4 1 - 75.0% 7 5 - 28.6% Pending Sales 4 2 - 50.0% 6 3 - 50.0% Sold Listings 2 2 0.0% 4 4 0.0% Median Sales Price* $2,144,000 $3,755,000 + 75.1%$2,300,000 $3,105,000 + 35.0% Average Sales Price* $2,144,000 $3,755,000 + 75.1%$2,222,000 $3,427,500 + 54.3% Days on Market 77 35 - 54.5% 48 36 - 25.0% Active Listings 3 1 - 66.7% % of Properties Sold Over List Price 50.0% 50.0% 0.0% 75.0% 25.0% - 66.7% Percent of List Price Received* 108.1% 109.8% + 1.6%120.9% 100.4% - 17.0% Months Supply 0.9 0.4 - 55.6%
Key Metrics 20222023 Percent Change Thru 3-2022Thru 3-2023 Percent Change New Listings 6 4 - 33.3% 13 9 - 30.8% Pending Sales 5 5 0.0% 9 10 + 11.1% Sold Listings 7 4 - 42.9% 9 9 0.0% Median Sales Price* $1,650,000 $789,125 - 52.2%$1,600,000 $749,000 - 53.2% Average Sales Price* $1,605,000 $973,313 - 39.4%$1,555,000 $929,139 - 40.2% Days on Market 28 17 - 39.3% 28 59 + 110.7% Active Listings 6 4 - 33.3% % of Properties Sold Over List Price 85.7% 50.0% - 41.7%77.8% 22.2% - 71.5% Percent of List Price Received* 112.5% 99.8% - 11.3%110.4% 98.5% - 10.8% Months Supply 1.7 1.3 - 23.5% -* 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. 1B Inner Richmond — SF Districts 1-10 — SF Districts 1-10 — 1B Inner Richmond — Current as of April 11, 2023. All data from the San Francisco Association of REALTORS® MLS. Report © 2023 ShowingTime. Local Market Update for March 2023 Report provided by the San Francisco Association of REALTORS® MLS For questions or more information, contact communications@sfrealtors.com. 1B Inner Richmond March Year to Date March Year to Date Single Family Condo/TIC/Coop $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 3-20133-20153-20173-20193-20213-2023 Median Sales Price –Single Family Rolling 12-Month Calculation $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 3-20133-20153-20173-20193-20213-2023 Median Sales Price –Condo/TIC/Coop Rolling 12-Month Calculation
1B Inner Richmond Market Update
Data provided by the San Francisco Association of Realtors All data from the San Francisco MLS. Report © 2023 ShowingTime. Badessa DRE: 01876759 Dean Badessa 415.474.5140 m Dean@DeanBadessa.com
March 2023