Local Market Update
February 2023
Data provided by the San Francisco Association of Realtors
All data from the San Francisco MLS. Report © 2023
ShowingTime. Badessa DRE: 01876759
Dean Badessa
Key Metrics 20222023 Percent Change Thru 2-2022Thru 2-2023 Percent Change New Listings 9 3 - 66.7% 14 10 - 28.6% Pending Sales 5 1 - 80.0% 6 2 - 66.7% Sold Listings 1 1 0.0% 2 3 + 50.0% Median Sales Price* $2,475,000 $4,200,000 + 69.7%$4,062,500 $4,200,000 + 3.4% Average Sales Price* $2,475,000 $4,200,000 + 69.7%$4,062,500 $5,303,333 + 30.5% Days on Market 10 31 + 210.0% 9 67 + 644.4% Active Listings 24 16 - 33.3% % of Properties Sold Over List Price 100.0% 0.0% - 100.0%100.0% 0.0% - 100.0% Percent of List Price Received* 126.9% 93.6% - 26.2%128.4% 92.9% - 27.6% Months Supply 5.1 4.9 - 3.9% * 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 2-2022Thru 2-2023 Percent Change New Listings 30 15 - 50.0% 55 34 - 38.2% Pending Sales 10 15 + 50.0% 27 23 - 14.8% Sold Listings 11 11 0.0% 28 19 - 32.1% Median Sales Price* $1,325,000 $1,600,000 + 20.8%$1,462,500 $1,565,000 + 7.0% Average Sales Price* $1,965,000 $2,688,909 + 36.8%$2,026,314 $2,453,000 + 21.1% Days on Market 31 30 - 3.2% 67 55 - 17.9% Active Listings 50 21 - 58.0% % of Properties Sold Over List Price 63.6% 54.5% - 14.3%42.9% 52.6% + 22.6% Percent of List Price Received* 104.9% 100.3% - 4.4%101.1% 100.3% - 0.8% Months Supply 2.2 1.4 - 36.4% * 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.
Report provided by the San Francisco Association of REALTORS® MLS For questions or more information, contact communications@sfrealtors.com.
February Year to Date February Year to Date Single Family Condo/TIC/Coop 6C Lower Pacific Heights — SF Districts 1-10 — SF Districts 1-10 — 6C Lower Pacific Heights — Current as of March 11, 2023. All data from the San Francisco Association of REALTORS® MLS. Report © 2023 ShowingTime. $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 2-20132-20152-20172-20192-20212-2023 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 $1,800,000 2-20132-20152-20172-20192-20212-2023 Median Sales Price –Condo/TIC/Coop Rolling 12-Month Calculation
415.474.5140 m Dean@DeanBadessa.com
Local Market Update for February 2023
6C Lower Pacific Heights