The median sales price for single-family, re-sale was up 1.2% in October from September. It was down 7.7% year-over-year.

1. averages to eliminate monthly and
seasonal variations.
If you are planning on selling your property,
call me for a free comparative market
analysis.
The median sales price for single-family,
re-sale was up 1.2% in October from
September. It was down 7.7% year-over-
year.
The average sales price for single-family,
re-sale homes was up 9.6% month-over-
month. Year-over-year, it was down
11.9%.
Sales of single-family, re-sale homes fell
39.3% year-over-year. Sales were up
8.2% from September. There were 184
homes sold in San Francisco last month.
The average since 2000 is 214.
The median sales price for condos/lofts
was down 4% year-over-year.
The average sales price was down 4.6%
year-over-year.
Sales of condos/lofts fell 38.9% year-over-
year. There were 212 condos/lofts sold
last month. The average since 2000 is
230.
The sales price to list price ratio, or what
buyers are paying over what sellers are
asking, fell from 106.4% to 104.4% for
homes. The ratio for condos/townhomes
fell from 100.4% to 99.9%.
Average days on market, or the time from
when a property is listed to when it goes
into contract, was 28 for homes and 42
for condos/lofts.
Sales momentum…
for homes dropped 6.2 points to –20.
Sales momentum for
condos/lofts was down
6.6 points to –26.2.
Pricing
momentum…
for single-family homes
fell 1.4 points to +2.1.
Pricing momentum for
condos/lofts fell 1 point
to +0.7.
Our momentum
statistics are based on
12-month moving
Sotheby's International Realty
117 Greenwich Street
San Francisco, CA 94111
Cell: (415) 819-2663
AnnieWilliamsSF@gmail.com
http://www.anniewilliamshomes.com
Annie Williams
ANNIE WILLIAMS | ANNIEWILLIAMSSF@GMAIL.COM | HTTP://WWW.ANNIEWILLIAMSHOMES.COM
Prices and Sales Continue to Drop
Local Market Trends November 2022
San Francisco
Oct 22 Month % Sep 22 Year % Oct 21
Median Price: 1,670,000
$ 1.2% 1,650,000
$ -7.7% 1,810,000
$
Average Price: 2,077,939
$ 9.6% 1,895,515
$ -11.9% 2,358,448
$
Home Sales: 184 8.2% 170 -39.3% 303
Sale/List Price Ratio: 104.4% -1.9% 106.4% -7.3% 112.6%
Days on Market: 28 12.0% 25 47.4% 19
(Condominiums)
Oct 22 Month % Sep 22 Year % Oct 21
Median Price: 1,200,000
$ 2.6% 1,170,000
$ -4.0% 1,250,000
$
Average Price: 1,402,101
$ 4.2% 1,345,866
$ -4.6% 1,469,110
$
Condo Sales: 212 10.4% 192 -38.9% 347
Sale/List Price Ratio: 99.9% -0.5% 100.4% -4.7% 104.8%
Days on Market: 42 -23.6% 55 23.5% 34
Trends at a Glance
(Single-family Homes)
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San Francisco Homes: Days on Market
© 2022 rereport.com

2. Oct 28, 2022 -- Various central banks across the
globe continue to lift interest rates to combat inflation.
The European Central Bank lifted their policy rate by
another 75 basis points this week and the Bank of
Canada kicked their 50 basis points higher as well.
The Bank of England is also expected to join in short-
ly as well. The Federal Reserve also raised rates by
75 basis point, lifting the key U.S. monetary policy
rate to about a 15-year high.
With home prices high and mortgage rates both high
and rising, sales of new homes slumped anew in
September, declining 11% from August to a 603,000
annual rate of sale. At this pace, sales are also now
17.6% below year-ago levels and the prospect for an
uptick anytime soon aren't very good at the moment,
as mortgage rates legged up by quite a bit in Octo-
ber. The slowing in sales helped re-bloat inventories
of new homes for sale; at the present rate of sale,
there's an 8.1 month supply, with the 462,000 units
available representing the most available since
March 2008. With such stockpiles, new home con-
struction will need to slow or builders will need to trim
prices to move inventory. At least for September, that
didn't happen, as the median price of a new home
sold was $470,600, up from $435,800 in August.
The new house market is a fraction of the size of the
existing home portion. With conditions increasingly
adverse, potential homebuyers are staying away, and
the National Association of Realtors Pending Home
Sales Index for September shows this quite clearly.
The PHSI dropped by 10.2% in September and is
now some 31% below year-ago levels. The index's
actual level is now at about a 12-year low, if the hard-
stop of the early pandemic is left out of the compari-
son. Even then, September's value is only about a
little above that level, so very few contracts to buy
existing homes were executed last month. Even then,
it's very possible that some of those that were signed
will not come to fruition, and it looks like more slow-
ing is ahead for home sales, and that before we get
into the seasonal holiday effects that traditionally
dampen sales.
New home sales and pending existing home sales
were both down last month, and mortgage rates have
run up to 20-year highs this month. As such, there
are fewer and fewer applications for mortgages being
placed. In the week ending October 21, the Mortgage
Bankers Association reported another 1.7% decline
in requests for mortgage credit, pulled lower by a
(Continued on page 4)
ANNIE WILLIAMS
SOTHEBY'S INTERNATIONAL REALTY
ANNIEWILLIAMSSF@GMAIL.COM
2 Local Market Trends | San Francisco |
Next Up: More Fed
The chart above shows the National monthly
average for 30-year fixed rate mortgages as
compiled by http://www.freddiemac.com/.
November 2022
1.0% 3.0% 5.0% 7.0%
01-10
07-10
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07-11
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07-19
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07-22
30-Year Fixed Mortgage Rates
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San Francisco Homes: Sold Prices & Unit Sales
(3-month moving average — $000's)
Ave Med Units © 2022 rereport.com
Unit
Median Average Sales DOM SP/LP Median Average Sales Median Average Sales
San Francisco $1,670,000 $2,077,939 184 28 104.4% -7.7% -11.9% -39.3% 1.2% 9.6% 8.2%
D1: Northwest $1,700,000 $2,315,867 15 238 109.9% -26.1% -3.5% -51.6% -19.0% 9.5% -25.0%
D2: Central West $1,570,000 $1,688,485 33 30 111.1% -8.7% -10.2% -47.6% 1.3% 6.9% -19.5%
D3: Southwest $1,362,500 $1,385,500 12 40 100.9% -3.0% -12.1% -42.9% 0.9% -4.6% -7.7%
D4: Twin Peaks $1,662,500 $1,664,712 26 24 108.0% -13.0% -27.8% -42.2% -7.6% -23.7% -3.7%
D5: Central $2,202,000 $2,668,500 36 26 104.1% -15.7% -7.2% 0.0% -16.5% 2.5% 176.9%
D6: Central North $0 $0 0 0 0.0% n/a n/a n/a n/a n/a n/a
D7: North $5,379,625 $6,047,781 8 20 95.9% -23.1% -26.9% -42.9% 55.9% 68.7% 0.0%
D8: Northeast $2,794,500 $2,794,500 2 86 94.8% -25.5% -36.4% -60.0% -25.0% -25.0% 0.0%
D9: Central East $2,050,000 $1,969,333 15 19 107.7% 0.0% -12.4% -55.9% 24.2% 10.1% -11.8%
D10: Southeast $1,125,000 $1,161,343 33 30 101.4% -8.5% -3.2% -34.0% 7.1% 10.0% 17.9%
October Sales Statistics
(Single-family Homes)
Prices Yearly Change Monthly Change

3. Table Definitions
_______________
Median Price
The price at which 50% of prices
were higher and 50% were lower.
Average Price
Add all prices and divide by the
number of sales.
SP/LP
Sales price to list price ratio or the
price paid for the property divided
by the asking price.
DOI
Days of Inventory, or how many
days it would take to sell all the
property for sale at the current rate
of sales.
Pend
Property under contract to sell that
hasn’t closed escrow.
Inven
Number pf properties actively for
sale as of the last day of the month.
Local Market Trends | San Francisco | 3
November 2022
ANNIE WILLIAMS
SOTHEBY'S INTERNATIONAL REALTY
ANNIEWILLIAMSSF@GMAIL.COM
80.0%
85.0%
90.0%
95.0%
100.0%
105.0%
110.0%
115.0%
120.0%
125.0%
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San Francisco Homes: Sales Price to List Price Ratio
© 2022 rereport.com
-30.0
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San Francisco Homes: Sales Momentum
Sales Pricing © 2022 rereport.com
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San Francisco Condos: Sold Prices & Unit Sales
(3-month moving average — $000's)
Ave Med Units © 2022 rereport.com
Unit
Median Average Sales DOM SP/LP Median Average Sales Median Average Sales
San Francisco $1,200,000 $1,402,101 212 42 99.9% -4.0% -4.6% -38.9% 2.6% 4.2% 10.4%
D1: Northwest $1,050,000 $1,321,923 13 32 101.4% -27.6% -20.8% -13.3% -30.7% -9.1% 85.7%
D2: Central West $853,000 $886,000 3 17 104.5% -27.9% -31.6% -40.0% -45.2% -43.1% 50.0%
D3: Southwest $605,000 $632,258 3 77 101.4% -32.6% -30.7% 0.0% -29.0% -27.7% 0.0%
D4: Twin Peaks $802,500 $802,500 2 90 100.0% -6.7% -21.4% -71.4% -7.5% -2.2% -66.7%
D5: Central $1,500,000 $1,509,979 48 22 100.6% 7.1% 4.5% -7.7% 7.1% 6.4% 92.0%
D6: Central North $1,237,500 $1,252,895 26 38 103.1% -6.6% -8.5% -42.2% 12.3% 11.7% 52.9%
D7: North $1,562,500 $2,041,727 22 34 98.1% -9.4% -5.2% -40.5% 12.1% 12.3% 83.3%
D8: Northeast $1,130,000 $1,650,806 31 53 98.3% 13.2% 15.1% -57.5% -5.8% 3.6% -24.4%
D9: Central East $1,083,125 $1,194,043 56 47 99.4% -26.2% -31.9% -6.7% -1.5% -4.5% -21.1%
D10: Southeast $694,500 $735,875 8 130 101.0% -18.3% -14.4% 33.3% -11.0% -0.9% 33.3%
October Sales Statistics
(Condos/TICs/Co-ops/Lofts)
Prices Yearly Change Monthly Change

4. San Francisco
This Real Estate Report is published and copyrighted by http://rereport.com.
Information contained herein is deemed accurate and correct, but no warranty is implied or given.
Annie Williams
Sotheby's International Realty
117 Greenwich Street
San Francisco, CA 94111
Go online to see the full report with the district by district breakdown: https://rereport.com/sf/aw/
2.3% drop in purchase-money mortgages requests
as refinance applications remained unchanged
from the prior week. The current twenty-year highs
for mortgage rates and corresponding twenty-odd
year lows for mortgage applications go hand-in-
hand.
(Continued from page 2)
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Condos 1,568 2,001 2,160 2,639 2,597 2,706 2,393 2,290 2,367 2,550 2,356 2,059 3,536 2,630
Homes 1,680 1,950 2,010 2,144 2,261 2,009 2,104 2,025 1,875 1,845 1,798 1,704 2,415 1,969
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
Property Sales
(Year-to-Date)
© 2021 rereport.com