Marina Market Snapshot March 2021

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Local Market Update for March 2021

Marina Market Update March 2021 7A Marina Report provided by the San Francisco Association of REALTORS®

March

Single Family

Year to Date

Key Metrics

2020

2021

Percent Change

New Listings

3

1

- 66.7%

11

13

+ 18.2%

Pending Sales

1

2

+ 100.0%

3

12

+ 300.0%

Sold Listings

1

6

+ 500.0%

3

10

+ 233.3%

Median Sales Price*

$3,800,000

$3,550,000

- 6.6%

$3,800,000

$3,475,000

- 8.6%

Average Sales Price*

$3,800,000

$3,635,000

- 4.3%

$3,825,000

$4,360,000

+ 14.0%

22

9

- 59.1%

42

9

- 78.6%

Days on Market Active Listings

Thru 3-2020

Thru 3-2021

Percent Change

9

5

- 44.4%

--

--

--

% of Properties Sold Over List Price

0.0%

50.0%

--

0.0%

60.0%

--

Percent of List Price Received*

90.6%

107.4%

+ 18.5%

95.0%

105.1%

+ 10.6%

3.8

1.8

- 52.6%

--

--

--

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

New Listings

6

18

+ 200.0%

24

43

+ 79.2%

Pending Sales

5

16

+ 220.0%

10

31

+ 210.0%

Sold Listings

Percent Change

6

13

+ 116.7%

12

24

+ 100.0%

Median Sales Price*

$1,722,500

$1,420,000

- 17.6%

$1,787,500

$1,362,500

- 23.8%

Average Sales Price*

$1,982,500

$1,531,923

- 22.7%

$1,908,417

$1,445,167

- 24.3%

Days on Market

27

36

+ 33.3%

36

44

+ 22.2%

Active Listings

20

26

+ 30.0%

--

--

--

% of Properties Sold Over List Price

50.0%

30.8%

- 38.4%

50.0%

37.5%

- 25.0%

Percent of List Price Received*

102.8%

102.2%

- 0.6%

102.6%

102.0%

- 0.6%

4.4

3.1

- 29.5%

--

--

--

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 — 7A Marina —

$5,000,000

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

SF Districts 1-10 — 7A Marina —

$1,800,000 $1,600,000

$4,000,000

$1,400,000 $3,000,000 $1,200,000 $2,000,000 $1,000,000 $1,000,000 $0 3-2011

$800,000

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

$600,000 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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