The big question is "How is the market for real estate in San Francisco?"  Being a Realtor in the heart of SF, I get asked this question all the time.  Regardless of what you hear or what people or the media says, you should always be informed, check statistics, and make sure the opinions you listen to are backed by numbers.

The following are some interesting facts:

There are 514 single family residences listed in San Francisco that are currently active.  The average list price for a home under 1M is $732, 657.  The average days on the market for these listings is 54 days.

There are 214 single family residences over 1M that are currently active in SF.  The average list price is 3,126,843.  The average days on the market is 48 days.

For sold houses:

In the last 3 months, there have been 332 single family residences that have sold in SF for under 1M.  The average list price was $749,900.  The average sale price was $767,183.  The average days on the market: 40.

For sold single family residences over 1M in the last three months, there has been 228 sold.  The average list price was $1,617,626.  The average sale price was $1,754,386.  The average days on the market: 33.

So, in conclusion....the numbers speak for themselves.  The market is still moving in San Francisco.  Pricing your property correctly is still key.  You can check tax records for recent sales around your property by going to www.buysellSFhomes.com, click on Your Homes Value, and type in your address.  Recent sales will pop up with a map so you can see exactly where those properties sold.  Call or email me for more info.