Local Market Update for March 2021
Russian Hill Market Update March 2021 8E Russian Hill Report provided by the San Francisco Association of REALTORS®
March
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change
New Listings
2
1
- 50.0%
5
4
- 20.0%
Pending Sales
1
2
+ 100.0%
1
3
+ 200.0%
Sold Listings
1
2
+ 100.0%
3
3
0.0%
Median Sales Price*
$3,850,000
$2,850,000
- 26.0%
$9,950,000
$3,900,000
- 60.8%
Average Sales Price*
$3,850,000
$2,850,000
- 26.0%
$11,266,667
$3,800,000
- 66.3%
44
46
+ 4.5%
62
31
- 50.0%
Days on Market Active Listings
Thru 3-2020
Thru 3-2021
Percent Change
8
4
- 50.0%
--
--
--
% of Properties Sold Over List Price
100.0%
50.0%
- 50.0%
33.3%
33.3%
0.0%
Percent of List Price Received*
102.7%
98.8%
- 3.8%
93.6%
96.3%
+ 2.9%
4.0
2.5
- 37.5%
--
--
--
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.
March
Condo/TIC/Coop
Year to Date
Key Metrics
2020
2021
Percent Change
Thru 3-2020
Thru 3-2021
New Listings
7
10
+ 42.9%
49
46
- 6.1%
Pending Sales
9
14
+ 55.6%
28
53
+ 89.3%
Sold Listings
Percent Change
10
15
+ 50.0%
23
47
+ 104.3%
Median Sales Price*
$1,225,000
$1,650,000
+ 34.7%
$1,900,000
$1,360,000
- 28.4%
Average Sales Price*
$1,608,750
$1,757,133
+ 9.2%
$1,948,370
$1,664,369
- 14.6%
Days on Market
17
64
+ 276.5%
20
68
+ 240.0%
Active Listings
47
39
- 17.0%
--
--
--
% of Properties Sold Over List Price
0.0%
40.0%
--
17.4%
31.9%
+ 83.3%
Percent of List Price Received*
98.4%
101.0%
+ 2.6%
100.6%
100.1%
- 0.5%
4.9
3.4
- 30.6%
--
--
--
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 — 8E Russian Hill —
$5,000,000
Median Sales Price – Condo/TIC/Coop Rolling 12-Month Calculation
SF Districts 1-10 — 8E Russian Hill —
$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.