San Francisco Real Estate Market Report - June 2019
San Francisco Real Estate
High-demand/low-inventory spring market brings median home sales prices bouncing back to 2018 peaks. San Francisco luxuryhome sales hit new monthly high.
June 2019 Market Report
Median Home Sales Prices
We consider 3-month rolling median sales prices to be more reliable than single month figures, which are much more prone to less meaningful fluctuations. Both houses and condos are basically back up to the peak prices they hit last year at this time. June sales will mostly reflect accepted-offer activity in May, so it will be interesting to see that final bit of spring data. Market activity typically begins to significantly slow for the summer, hitting its mid-year low in August.