Local Market Update for February 2021
Pacific Heights Market Update February 2021 7B Pacific Heights Report provided by the San Francisco Association of REALTORS®
February
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change
New Listings
3
4
+ 33.3%
Pending Sales
5
4
- 20.0%
6
6
0.0%
Sold Listings
1
2
+ 100.0%
3
3
0.0%
Median Sales Price*
$6,900,000
$7,175,000
+ 4.0%
$5,650,000
$4,950,000
- 12.4%
Average Sales Price*
$6,900,000
$7,175,000
+ 4.0%
$4,933,333
$5,348,333
+ 8.4%
0
7
--
28
4
- 85.7%
Days on Market Active Listings
Thru 2-2020
Thru 2-2021
Percent Change
10
7
- 30.0%
11
18
+ 63.6%
--
--
--
% of Properties Sold Over List Price
100.0%
0.0%
- 100.0%
33.3%
33.3%
0.0%
Percent of List Price Received*
108.7%
97.0%
- 10.8%
101.0%
102.5%
+ 1.5%
3.1
6.8
+ 119.4%
--
--
--
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.
February
Condo/TIC/Coop Key Metrics
2020
2021
New Listings
11
Pending Sales
9
Sold Listings
Year to Date Percent Change
Thru 2-2020
Thru 2-2021
14
+ 27.3%
41
32
- 22.0%
19
+ 111.1%
22
37
+ 68.2%
Percent Change
16
20
+ 25.0%
24
31
+ 29.2%
Median Sales Price*
$2,187,500
$2,050,000
- 6.3%
$2,150,000
$1,575,000
- 26.7%
Average Sales Price*
$2,105,375
$2,203,800
+ 4.7%
$1,981,083
$1,909,161
- 3.6%
Days on Market
23
80
+ 247.8%
26
77
+ 196.2%
Active Listings
48
61
+ 27.1%
--
--
--
% of Properties Sold Over List Price
50.0%
15.0%
- 70.0%
45.8%
9.7%
- 78.8%
Percent of List Price Received*
102.9%
98.6%
- 4.2%
101.7%
98.0%
- 3.6%
3.4
4.0
+ 17.6%
--
--
--
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.
Median Sales Price – Single Family Rolling 12-Month Calculation
SF Districts 1-10 — 7B Pacific Heights —
Median Sales Price – Condo/TIC/Coop Rolling 12-Month Calculation
$7,000,000
$1,800,000
$6,000,000
$1,600,000
$5,000,000
SF Districts 1-10 — 7B Pacific Heights —
$1,400,000
$4,000,000 $1,200,000 $3,000,000 $1,000,000
$2,000,000
$800,000
$1,000,000 $0 2-2011
2-2013
2-2015
2-2017
2-2019
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
2-2021
$600,000 2-2011
2-2013
2-2015
2-2017
2-2019
2-2021
Dean Badessa 415.474.5140 m Dean@DeanBadessa.com
Current as of March 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime.