San Francisco-Oakland-Fremont, CA

Tracey Velt's Market Report

San Francisco-Oakland-Fremont, CA

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498

Sun Sep 15 2024
This week the median list price for San Francisco-Oakland-Fremont, CA is $1,249,000 with the market action index hovering around 53. This is less than last month's market action index of 54. Inventory has held steady at or around 2,986. Click here to stay informed with the San Francisco-Oakland-Fremont market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Median List Price		$1,249,000
Median Price of New Listings		$1,129,000
Per Square Foot		$705
Average Days on Market		72
Median Days on Market		35
Price Decreased		26%
Price Increased		3%
Relisted		9%
Inventory		2,986
Median Rent
Market Action		53
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$3,100,000	3,375	0.25 - 0.5 acre	4	3.5	46	79	111	49
$1,550,000	1,957	4,500 - 6,500 sqft	4	2	58	93	193	28
$995,000	1,674	4,500 - 6,500 sqft	3	2	65	102	178	35
$649,000	1,306	0 - 4,500 sqft	3	2	74	109	140	35

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$3,100,000	3,375	0.25 - 0.5 acre	4	3.5	46	79	111	49
$1,550,000	1,957	4,500 - 6,500 sqft	4	2	58	93	193	28
$995,000	1,674	4,500 - 6,500 sqft	3	2	65	102	178	35
$649,000	1,306	0 - 4,500 sqft	3	2	74	109	140	35

Median Price	Top $3,100,000	Upper $1,550,000	Lower $995,000	Bottom $649,000
Sq. Ft.	3,375	1,957	1,674	1,306
Lot Size	0.25 - 0.5 acre	4,500 - 6,500 sqft	4,500 - 6,500 sqft	0 - 4,500 sqft
Beds	4	4	3	3
Baths	3.5	2	2	2
Age	46	58	65	74
New	79	93	102	109
Absorbed	111	193	178	140
DOM	49	28	35	35

Tracey Velt's Market Report