SlideShare a Scribd company logo
June 2022 Monthly Snapshot
One-Year Change in One-Year Change in
Median Sales Price Single
Family
Median Sales Price
Condo/TIC/Coop
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime.
Condo/TIC/Coop Activity Overview
Inventory of Active Listings
% of Properties Sold Over List Price
% of List Price Received
Housing Affordability Ratio
All Properties Activity Overview
New Listings
Pending Sales
Sold Listings
Median Sales Price
Average Sales Price
Days on Market Until Sale
Activity by District
Monthly Indicators
- 2.6% 0.0% + 2.7%
One-Year Change in
Rising inflation, soaring home prices, and increased mortgage interest rates
have combined to cause a slowdown in the U.S. housing market. To help quell
inflation, which reached 8.6% as of last measure in May, the Federal Reserve
raised interest rates by three quarters of a percentage point in June, the largest
interest rate hike since 1994. Higher prices, coupled with 30-year fixed
mortgage rates approaching 6%, have exacerbated affordability challenges and
rapidly cooled demand, with home sales and mortgage applications falling
sharply from a year ago.
New Listings were down 36.7 percent for single family homes and 39.8 percent
for Condo/TIC/Coop properties. Pending Sales decreased 28.4 percent for
single family homes and 35.6 percent for Condo/TIC/Coop properties.
The Median Sales Price was down 2.6 percent to $1,890,000 for single family
homes but remained flat at $1,250,000 for Condo/TIC/Coop properties. Months
Supply of Inventory decreased 25.0 percent for single family units and 14.3
percent for Condo/TIC/Coop units.
With monthly mortgage payments up more than 50% compared to this time last
year, the rising costs of homeownership have sidelined many prospective
buyers. Nationally, the median sales price of existing homes recently exceeded
$400,000 for the first time ever, a 15% increase from the same period a year
ago, according to the National Association of REALTORS®. As existing home
sales continue to soften nationwide, housing supply is slowly improving, with
inventory up for the second straight month. In time, price growth is expected to
moderate as supply grows; for now, however, inventory remains low, and
buyers are feeling the squeeze of higher prices all around.
Median Sales Price
All Property Types
Residential real estate activity in San Francisco County (Districts 1-10)
composed of single-family properties, townhomes and condominiums. Percent
changes are calculated using rounded figures.
Single Family Activity Overview
Months Supply of Inventory
For questions or more information, contact
communications@sfrealtors.com.
Single Family Activity Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 6-2021 6-2022 Percent Change YTD 2021 YTD 2022 Percent Change
- 11.7%
1,680
1,325 - 10.2%
$1,925,000 + 6.9%
+ 2.7%
Pending Sales 275 197 - 28.4% - 12.3%
1,552 1,361
New Listings 324 205 - 36.7% 1,903
Sold Listings 326 242 - 25.8% 1,475
Median Sales Price $1,940,000 $1,890,000 - 2.6% $1,800,000
19 - 13.6%
$2,407,315
-- --
Days on Market 17 16 - 5.9% 22
Avg. Sales Price $2,500,720 $2,370,243 - 5.2% $2,343,485
Active Listings 643 415 - 35.5% --
% of Properties Sold Over List Price 82.2% 86.4% + 5.1% 74.8%
31
86.0% + 15.0%
+ 6.2%
22 - 29.0%
120.2%
% of List Price Received 116.2% 116.9% + 0.6% 113.2%
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 2
Months Supply 2.4 1.8 - 25.0% -- -- --
Affordability Ratio 28 23 - 17.9%
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
Condo/TIC/Coop Activity Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 6-2021 6-2022 Percent Change YTD 2021 YTD 2022 Percent Change
- 10.7%
Pending Sales 388 250 - 35.6% 2,475 1,907 - 22.9%
New Listings 495 298 - 39.8% 3,194 2,853
Sold Listings 471 297 - 36.9% 2,381 1,872 - 21.4%
Median Sales Price $1,250,000 $1,250,000 0.0% $1,200,000 $1,250,000 + 4.2%
+ 4.0%
36 - 21.7%
$1,403,571
-- --
Days on Market 35 36 + 2.9% 46
Avg. Sales Price $1,388,929 $1,375,094 - 1.0% $1,349,998
Active Listings 1,487 1,169 - 21.4% --
% of Properties Sold Over List Price 54.4% 58.2% + 7.0% 44.3%
54
56.7% + 28.0%
+ 2.6%
39 - 27.8%
105.8%
% of List Price Received 105.3% 105.4% + 0.1% 103.1%
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 3
Months Supply 4.2 3.6 - 14.3% -- -- --
Affordability Ratio 52 39 - 25.0%
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
New Listings
New Listings
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Jul-2021 304 -25.5% 429 -38.6%
Aug-2021 303 -14.4% 438 -32.8%
Sep-2021 379 +6.8% 587 -11.9%
Oct-2021 275 -26.1% 463 -11.3%
Nov-2021 165 -31.5% 280 +9.8%
Dec-2021 109 -25.9% 219 -11.7%
Jan-2022 271 +5.0% 515 -3.7%
Feb-2022 295 -3.6% 528 +5.2%
Mar-2022 341 -1.7% 584 -5.8%
Apr-2022 293 -17.2% 505 -1.9%
May-2022 275 -12.4% 423 -19.7%
Jun-2022 205 -36.7% 298 -39.8%
12-Month Avg 268 -14.9% 439 -15.5%
Historical New Listings by Month
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 4
A count of the properties that have been newly listed on the market in a given month.
359
579
324
495
205
298
Single Family Condo/TIC/Coop
June
0
200
400
600
800
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Single Family Condo/TIC/Coop
1,515
2,357
1,903
3,194
1,680
2,853
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
- 39.8%
- 14.5%
- 36.7%
- 9.7% + 35.5%
- 11.7%
+ 25.6% - 10.7%
2020 2021 2022 2020 2021 2022 2020 2021 2022
+ 34.0% - 4.1% + 11.8%
+ 89.2%
Pending Sales
Pending Sales
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Jul-2021 259 -6.2% 364 +50.4%
Aug-2021 226 -3.8% 316 -1.9%
Sep-2021 330 +17.4% 336 +9.8%
Oct-2021 273 -12.2% 403 +21.0%
Nov-2021 260 -15.3% 362 +20.7%
Dec-2021 129 -36.8% 226 -26.4%
Jan-2022 145 -14.7% 251 -14.0%
Feb-2022 216 -4.0% 293 -23.1%
Mar-2022 289 0.0% 439 -7.4%
Apr-2022 268 -6.3% 344 -28.2%
May-2022 246 -19.9% 330 -28.4%
Jun-2022 197 -28.4% 250 -35.6%
12-Month Avg 237 -10.4% 326 -8.7%
Historical Pending Sales by Month
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 5
A count of the properties on which offers have been accepted in a given month.
227 234
275
388
197
250
Single Family Condo/TIC/Coop
June
0
100
200
300
400
500
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Single Family Condo/TIC/Coop
906
1,040
1,552
2,475
1,361
1,907
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
- 35.6%
+ 65.8%
- 28.4%
+ 21.1% + 138.0%
- 12.3%
+ 71.3% - 22.9%
2020 2021 2022 2020 2021 2022 2020 2021 2022
+ 8.6% - 26.1% - 32.9%
- 5.3%
Sold Listings
Sold Listings
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Jul-2021 255 +7.1% 369 +38.7%
Aug-2021 256 +5.3% 348 +45.0%
Sep-2021 245 -4.7% 291 -9.9%
Oct-2021 310 +1.6% 362 +24.0%
Nov-2021 293 +3.2% 423 +24.0%
Dec-2021 216 -28.5% 325 -7.9%
Jan-2022 129 -19.9% 186 -31.1%
Feb-2022 159 -2.5% 250 -10.1%
Mar-2022 256 -5.2% 394 -13.8%
Apr-2022 257 -11.1% 377 -18.4%
May-2022 282 +6.0% 368 -16.9%
Jun-2022 242 -25.8% 297 -36.9%
12-Month Avg 242 -6.6% 333 -4.9%
Historical Sold Listings by Month
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 6
A count of the actual sales that closed in a given month.
181 177
326
471
242
297
Single Family Condo/TIC/Coop
June
0
100
200
300
400
500
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Single Family Condo/TIC/Coop
834
973
1,475
2,381
1,325
1,872
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
- 36.9%
+ 166.1%
- 25.8%
+ 80.1% + 144.7%
- 10.2%
+ 76.9% - 21.4%
2020 2021 2022 2020 2021 2022 2020 2021 2022
- 12.6% - 27.7% - 33.9%
- 32.2%
Median Sales Price
Median Sales Price
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Jul-2021 $1,850,000 +15.3% $1,210,000 -4.0%
Aug-2021 $1,847,500 +13.7% $1,150,000 -5.0%
Sep-2021 $1,750,000 +6.1% $1,200,000 +2.1%
Oct-2021 $1,805,000 +12.5% $1,242,500 +7.8%
Nov-2021 $1,880,000 +14.8% $1,260,000 +7.5%
Dec-2021 $1,690,000 +9.0% $1,300,000 +18.2%
Jan-2022 $1,630,000 +3.5% $1,070,000 -0.2%
Feb-2022 $1,930,000 +17.0% $1,227,500 +2.6%
Mar-2022 $2,030,000 +17.7% $1,206,750 -1.2%
Apr-2022 $2,050,000 +13.9% $1,365,000 +13.8%
May-2022 $2,007,500 +6.4% $1,215,000 -1.0%
Jun-2022 $1,890,000 -2.6% $1,250,000 0.0%
12-Month Avg* $1,856,125 +9.2% $1,240,000 +3.5%
Historical Median Sales Price by Month
* Median Sales Price for all properties from July 2021 through June 2022. This is not the average
of the individual figures above.
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 7
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.
$1,730,000
$1,225,000
$1,940,000
$1,250,000
$1,890,000
$1,250,000
Single Family Condo/TIC/Coop
June
$500,000
$750,000
$1,000,000
$1,250,000
$1,500,000
$1,750,000
$2,000,000
$2,250,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Single Family Condo/TIC/Coop
$1,610,000
$1,200,000
$1,800,000
$1,200,000
$1,925,000
$1,250,000
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
0.0%
+ 2.0%
- 2.6%
+ 12.1% 0.0%
+ 6.9%
+ 11.8% + 4.2%
2020 2021 2022 2020 2021 2022 2020 2021 2022
- 1.1% + 0.6% 0.0%
- 5.4%
Average Sales Price
Average Sales
Price
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Jul-2021 $2,292,230 +13.8% $1,357,053 -2.9%
Aug-2021 $2,128,296 +7.1% $1,425,053 +7.4%
Sep-2021 $2,165,489 +14.2% $1,330,272 +1.9%
Oct-2021 $2,359,157 +23.7% $1,456,361 +16.3%
Nov-2021 $2,352,770 +15.6% $1,539,719 +21.1%
Dec-2021 $2,365,749 +17.5% $1,488,734 +16.1%
Jan-2022 $1,977,367 +1.6% $1,311,263 +8.3%
Feb-2022 $2,417,245 +7.1% $1,398,389 +4.0%
Mar-2022 $2,538,817 +14.6% $1,411,860 +3.1%
Apr-2022 $2,515,877 +3.5% $1,466,749 +8.9%
May-2022 $2,411,895 -2.7% $1,403,132 +1.7%
Jun-2022 $2,370,243 -5.2% $1,375,094 -1.0%
12-Month Avg* $2,338,380 +8.8% $1,421,962 +7.0%
Historical Average Sales Price by Month
* Avg. Sales Price for all properties from July 2021 through June 2022. This is not the average of
the individual figures above.
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 8
Average sales price for all closed sales, not accounting for seller concessions, in a given month.
$2,200,915
$1,415,327
$2,500,720
$1,388,929
$2,370,243
$1,375,094
Single Family Condo/TIC/Coop
June
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Single Family Condo/TIC/Coop
$2,061,800
$1,341,570
$2,343,485
$1,349,998
$2,407,315
$1,403,571
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
- 1.0%
- 1.9%
- 5.2%
+ 13.6% + 0.6%
+ 2.7%
+ 13.7% + 4.0%
2020 2021 2022 2020 2021 2022 2020 2021 2022
+ 3.2% + 1.8% + 0.4%
- 0.6%
Days on Market Until Sale
Days on Market
Until Sale
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Jul-2021 18 -28.0% 40 +5.3%
Aug-2021 24 0.0% 40 0.0%
Sep-2021 22 -12.0% 37 -17.8%
Oct-2021 19 -29.6% 34 -17.1%
Nov-2021 20 -39.4% 40 -20.0%
Dec-2021 30 -14.3% 45 -27.4%
Jan-2022 37 +2.8% 62 -11.4%
Feb-2022 19 -36.7% 33 -46.8%
Mar-2022 15 -34.8% 32 -28.9%
Apr-2022 15 -21.1% 29 -35.6%
May-2022 20 +11.1% 36 0.0%
Jun-2022 16 -5.9% 36 +2.9%
12-Month Avg* 20 -20.0% 38 -18.6%
Historical Days on Market Until Sale by Month
* Days on Market for all properties from July 2021 through June 2022. This is not the average of
the individual figures above.
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 9
Average number of days between when a property is listed and when an offer is accepted in a given month.
26
34
17
35
16
36
Single Family Condo/TIC/Coop
June
0
20
40
60
80
100
120
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Single Family Condo/TIC/Coop
25
36
22
46
19
36
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
+ 2.9%
+ 2.9%
- 5.9%
- 34.6% + 27.8%
- 13.6%
- 12.0% - 21.7%
2020 2021 2022 2020 2021 2022 2020 2021 2022
+ 18.2% - 3.8% - 2.7%
+ 6.3%
Inventory of Active Listings
Inventory of Active
Listings
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Jul-2021 651 -24.4% 1,459 -24.4%
Aug-2021 685 -25.9% 1,472 -30.2%
Sep-2021 684 -26.4% 1,616 -30.3%
Oct-2021 642 -30.7% 1,554 -34.0%
Nov-2021 512 -35.4% 1,358 -35.1%
Dec-2021 379 -35.3% 1,015 -32.6%
Jan-2022 480 -19.5% 1,215 -24.3%
Feb-2022 527 -16.3% 1,369 -14.2%
Mar-2022 540 -15.5% 1,397 -12.0%
Apr-2022 519 -23.0% 1,421 -6.8%
May-2022 490 -23.9% 1,338 -11.0%
Jun-2022 415 -35.5% 1,169 -21.4%
12-Month Avg* 544 -26.2% 1,365 -24.2%
Historical Inventory of Active Listings by Month
* Active Listings for all properties from July 2021 through June 2022. This is not the average of
the individual figures above.
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 10
The number of properties available for sale in active status at the end of a given month.
783
1,568
643
1,487
415
1,169
Single Family Condo/TIC/Coop
June
0
500
1,000
1,500
2,000
2,500
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Single Family Condo/TIC/Coop
2020 2021 2022
- 21.4%
- 5.2%
- 35.5%
- 17.9%
2020 2021 2022
+ 46.1% + 85.6%
% of Properties Sold Over List Price
% of Properties
Sold Over List Price
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Jul-2021 83.5% +29.1% 55.6% +25.2%
Aug-2021 84.4% +28.3% 54.6% +59.6%
Sep-2021 84.5% +30.0% 54.6% +58.7%
Oct-2021 84.5% +25.2% 61.0% +42.5%
Nov-2021 79.5% +29.1% 55.6% +69.5%
Dec-2021 78.7% +25.1% 46.5% +62.6%
Jan-2022 76.0% +31.5% 38.7% +76.7%
Feb-2022 86.8% +27.5% 58.4% +65.4%
Mar-2022 86.3% +16.5% 58.1% +35.4%
Apr-2022 88.7% +16.6% 62.9% +39.2%
May-2022 86.9% +9.0% 55.3% +3.4%
Jun-2022 86.4% +5.1% 58.2% +7.0%
12-Month Avg 84.1% +21.1% 55.7% +37.1%
Historical % of Properties Sold Over List Price by Month
* % of Properties Sold Over List Price for all properties from July 2021 through June 2022. This is
not the average of the individual figures above.
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 11
Percentage found when dividing the number of properties sold by properties sold over its original list price, not accounting for seller
concessions.
55.2%
31.1%
82.2%
54.4%
86.4%
58.2%
Single Family Condo/TIC/Coop
June
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Single Family Condo/TIC/Coop
67.2%
49.0%
74.8%
44.3%
86.0%
56.7%
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
+ 7.0%
+ 74.9%
+ 5.1%
+ 48.9% - 9.6%
+ 15.0%
+ 11.3% + 28.0%
2020 2021 2022 2020 2021 2022 2020 2021 2022
- 31.6% - 10.8% - 14.0%
- 51.4%
% of List Price Received
% of List Price
Received
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Jul-2021 118.5% +11.8% 104.8% +3.8%
Aug-2021 116.1% +8.0% 104.3% +3.9%
Sep-2021 116.3% +8.9% 105.0% +4.8%
Oct-2021 117.0% +8.2% 105.6% +4.2%
Nov-2021 114.9% +8.4% 104.6% +4.4%
Dec-2021 114.3% +7.8% 103.5% +4.2%
Jan-2022 117.7% +11.8% 101.1% +2.4%
Feb-2022 121.2% +10.5% 106.1% +5.4%
Mar-2022 122.0% +8.7% 106.4% +3.9%
Apr-2022 123.1% +8.2% 107.3% +3.5%
May-2022 119.6% +2.4% 105.9% +0.7%
Jun-2022 116.9% +0.6% 105.4% +0.1%
12-Month Avg* 118.1% +7.5% 105.2% +3.2%
Historical % of List Price Received by Month
* % of List Price Received for all properties from July 2021 through June 2022. This is not the
average of the individual figures above.
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 12
Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold in a given
month, not accounting for seller concessions.
105.6%
99.9%
116.2%
105.3%
116.9%
105.4%
Single Family Condo/TIC/Coop
June
109.0%
102.7%
113.2%
103.1%
120.2%
105.8%
Single Family Condo/TIC/Coop
Year to Date
90.0%
100.0%
110.0%
120.0%
130.0%
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Single Family Condo/TIC/Coop
2020 2021 2022
+ 0.1%
+ 5.4%
+ 0.6%
+ 10.0%
2020 2021 2022
- 8.2% - 6.8%
2020 2021 2022
+ 2.6%
+ 0.4%
+ 6.2%
+ 3.9%
2020 2021 2022
- 2.6% - 2.4%
Housing Affordability Ratio
Housing
Affordability Ratio
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Jul-2021 30 -14.3% 54 +1.9%
Aug-2021 30 -14.3% 57 +1.8%
Sep-2021 32 -8.6% 55 -3.5%
Oct-2021 31 -13.9% 53 -10.2%
Nov-2021 30 -14.3% 54 -8.5%
Dec-2021 32 -13.5% 49 -21.0%
Jan-2022 32 -11.1% 57 -9.5%
Feb-2022 27 -18.2% 49 -7.5%
Mar-2022 23 -28.1% 45 -13.5%
Apr-2022 21 -32.3% 37 -32.7%
May-2022 22 -26.7% 42 -22.2%
Jun-2022 23 -17.9% 39 -25.0%
12-Month Avg* 28 -31.5% 49 -30.8%
Historical Housing Affordability Ratio by Month
* Affordability Ratio for all properties from July 2021 through June 2022. This is not the average of
the individual figures above.
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 13
This index measures housing affordability for the region. For example, an index of 120 means the median household income is 120% of what is
necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
32
54
28
52
23
39
Single Family Condo/TIC/Coop
June
20
40
60
80
100
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Single Family Condo/TIC/Coop
2020 2021 2022
- 25.0%
- 3.7%
- 17.9%
- 12.5%
2020 2021 2022
+ 10.3% + 20.0%
35
55
31
54
22
39
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
- 27.8%
- 1.8%
- 29.0%
- 11.4%
2020 2021 2022
+ 12.9% + 12.2%
Months Supply of Inventory
Months Supply of
Inventory
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Jul-2021 2.5 -46.8% 4.0 -58.3%
Aug-2021 2.6 -46.9% 4.0 -60.0%
Sep-2021 2.6 -45.8% 4.4 -58.5%
Oct-2021 2.4 -48.9% 4.1 -61.7%
Nov-2021 2.0 -48.7% 3.6 -61.3%
Dec-2021 1.5 -46.4% 2.7 -57.1%
Jan-2022 1.9 -32.1% 3.3 -49.2%
Feb-2022 2.1 -27.6% 3.8 -37.7%
Mar-2022 2.2 -21.4% 3.9 -30.4%
Apr-2022 2.1 -22.2% 4.1 -14.6%
May-2022 2.0 -20.0% 4.0 -9.1%
Jun-2022 1.8 -25.0% 3.6 -14.3%
12-Month Avg* 2.1 -38.7% 3.8 -48.5%
Historical Months Supply of Inventory by Month
* Months Supply for all properties from July 2021 through June 2022. This is not the average of
the individual figures above.
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 14
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
4.4
7.8
2.4
4.2
1.8
3.6
Single Family Condo/TIC/Coop
June
0.0
2.0
4.0
6.0
8.0
10.0
12.0
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022
Single Family Condo/TIC/Coop
2020 2021 2022
- 14.3%
- 46.2%
- 25.0%
- 45.5%
2020 2021 2022
+ 69.2% + 122.9%
All Properties Activity Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 6-2021 6-2022 Percent Change YTD 2021 YTD 2022 Percent Change
- 11.2%
Pending Sales 674 452 - 32.9% 4,073 3,299 - 19.0%
New Listings 834 511 - 38.7% 5,168 4,589
Sold Listings 806 545 - 32.4% 3,902 3,230 - 17.2%
Median Sales Price $1,500,000 $1,540,000 + 2.7% $1,400,000 $1,500,000 + 7.1%
+ 4.8%
29 - 21.6%
$1,815,019
-- --
Days on Market 28 27 - 3.6% 37
Avg. Sales Price $1,841,704 $1,815,590 - 1.4% $1,731,253
Active Listings 2,174 1,621 - 25.4% --
% of Properties Sold Over List Price 65.9% 70.8% + 7.4% 55.9%
38
68.7% + 22.9%
+ 4.4%
27 - 28.9%
111.7%
% of List Price Received 109.8% 110.5% + 0.6% 107.0%
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 15
Months Supply 3.4 2.9 - 14.7% -- -- --
Affordability Ratio 36 27 - 25.0%
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
6-2019 6-2020 6-2021 6-2022
Activity by District
SF District 1: Northwest (Sea Cliff, Lake, Jordan Park / Laurel Heights, Outer Richmond, Central Richmond, Inner Richmond, Lone Mountain)
SF District 2: Central West (Outer Sunset, Central Sunset, Inner Sunset, Outer Parkside, Parkside, Inner Parkside, Golden Gate Heights)
SF District 3: Southwest (Pine Lake Park, Lake Shore, Merced Manor, Stonestown, Lakeside, Merced Heights, Ingleside, Ingleside Heights, Oceanview)
SF District 4: Twin Peaks W (Forest Hill (& Ext), W Portal, St Francis Wd, Balboa Terr, Mt Dav Manor, Ingleside Terr, Monterey Hts, Wstwd Pk & H'lnds, Shrwd Fst, Miraloma Pk, Dmnd Hts, Mdtwn Terr)
SF District 5: Central (Haight Ashbury, Cole Vly / Prnssus Hts, Clarndn Hts, Corona Hts, Twin Pks, Glen Pk, Noe Vly, Eureka Vly / Dolores Hts, Mission Dolores, Duboce Trngl, Buena Vista / Ashbury Hts)
SF District 6: Central North (Lower Pacific Heights, Anza Vista, Western Addition, North Panhandle, Alamo Square, Hayes Valley)
SF District 7: North (Marina, Cow Hollow, Presidio Heights, Pacific Heights)
SF District 8: Northeast (North Waterfront, North Beach, Russian Hill, Telegraph Hill, Nob Hill, Financial District / Barbary Coast, Downtown, Van Ness / Civic Center, Tenderloin)
SF District 9: Central East (Yerba Buena, South Beach, South of Market, Mission Bay, Inner Mission, Potrero Hill, Central Waterfront / Dogpatch, Bernal Heights)
SF District 10: Southeast (Outer Mission, Mission Terr, Excelsior, Portola, Bayview, Silver Terr, Hunters Pt, Candlestick Pt, Bayview Hts, Little Hollywood, Visitation Vly, Crocker Amazon)
6-2021 6-2022 + / – 6-2021 6-2022 + / – 6-2021 6-2022 + / – 6-2021 6-2022 + / – 6-2021 6-2022 + / –
Single Family
1 SF District 1 38 32 -15.8% 25 17 -32.0% $2,250,000 $2,450,000 +8.9% 14 14 0.0% 1.9 1.5 -21.1%
2 SF District 2 87 55 -36.8% 53 53 0.0% $1,825,000 $1,805,000 -1.1% 13 14 +7.7% 1.9 1.2 -36.8%
3 SF District 3 33 23 -30.3% 16 11 -31.3% $1,377,500 $1,523,000 +10.6% 19 12 -36.8% 2.0 1.4 -30.0%
4 SF District 4 81 55 -32.1% 51 35 -31.4% $2,150,000 $2,157,000 +0.3% 11 12 +9.1% 2.1 1.7 -19.0%
5 SF District 5 107 54 -49.5% 57 40 -29.8% $2,950,000 $2,817,500 -4.5% 22 15 -31.8% 2.6 1.6 -38.5%
6 SF District 6 17 7 -58.8% 6 4 -33.3% $2,862,475 $3,236,500 +13.1% 9 26 +188.9% 3.0 1.5 -50.0%
7 SF District 7 49 25 -49.0% 24 12 -50.0% $5,750,000 $6,775,000 +17.8% 14 19 +35.7% 3.9 2.4 -38.5%
8 SF District 8 30 16 -46.7% 0 4 -- $0 $5,001,108 -- 0 10 -- 14.3 4.2 -70.6%
9 SF District 9 86 53 -38.4% 38 21 -44.7% $1,737,500 $1,900,000 +9.4% 25 24 -4.0% 2.7 2.1 -22.2%
10 SF District 10 115 95 -17.4% 56 45 -19.6% $1,301,000 $1,300,000 -0.1% 21 19 -9.5% 2.3 2.2 -4.3%
Condo/TIC/Coop
1 SF District 1 34 36 +5.9% 21 13 -38.1% $1,468,888 $1,445,000 -1.6% 16 31 +93.8% 1.7 2.2 +29.4%
2 SF District 2 18 16 -11.1% 8 3 -62.5% $1,344,000 $1,550,000 +15.3% 26 12 -53.8% 2.8 3.8 +35.7%
3 SF District 3 10 10 0.0% 6 5 -16.7% $892,000 $1,180,000 +32.3% 18 15 -16.7% 2.5 2.9 +16.0%
4 SF District 4 18 15 -16.7% 2 2 0.0% $1,150,000 $699,000 -39.2% 17 43 +152.9% 3.5 2.7 -22.9%
5 SF District 5 157 112 -28.7% 69 70 +1.4% $1,451,000 $1,500,000 +3.4% 26 19 -26.9% 2.7 2.1 -22.2%
6 SF District 6 121 94 -22.3% 63 34 -46.0% $1,450,000 $1,200,000 -17.2% 26 33 +26.9% 2.9 2.6 -10.3%
7 SF District 7 121 83 -31.4% 50 29 -42.0% $1,502,500 $1,780,000 +18.5% 36 36 0.0% 3.0 2.4 -20.0%
8 SF District 8 307 234 -23.8% 74 42 -43.2% $1,025,000 $1,060,000 +3.4% 41 49 +19.5% 5.5 4.1 -25.5%
9 SF District 9 658 525 -20.2% 168 94 -44.0% $1,100,000 $1,127,500 +2.5% 43 47 +9.3% 5.6 4.8 -14.3%
10 SF District 10 43 44 +2.3% 10 5 -50.0% $760,000 $675,000 -11.2% 38 27 -28.9% 5.5 6.2 +12.7%
Key metrics by report month for the districts of San Fransisco.
Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 16
Active Listings Sold Listings Median Sales Price Days on Market Months Supply

More Related Content

Similar to San Francisco Market Report June 2022.pdf

San Francisco Market Report January 2022
San Francisco Market Report January 2022San Francisco Market Report January 2022
San Francisco Market Report January 2022
Ronny Budiutama
 
San Francisco Market Report December 2022.pdf
San Francisco Market Report December 2022.pdfSan Francisco Market Report December 2022.pdf
San Francisco Market Report December 2022.pdf
Ronny Budiutama
 
San Francisco Market Report August 2022.pdf
San Francisco Market Report August 2022.pdfSan Francisco Market Report August 2022.pdf
San Francisco Market Report August 2022.pdf
Ronny Budiutama
 
San Francisco Market Report November 2022.pdf
San Francisco Market Report November 2022.pdfSan Francisco Market Report November 2022.pdf
San Francisco Market Report November 2022.pdf
Ronny Budiutama
 
San Francisco Market Report February 2023
San Francisco Market Report February 2023San Francisco Market Report February 2023
San Francisco Market Report February 2023
Ronny Budiutama
 
San Francisco Market Report January 2023.pdf
San Francisco Market Report January 2023.pdfSan Francisco Market Report January 2023.pdf
San Francisco Market Report January 2023.pdf
Ronny Budiutama
 
San Francisco Market Report March 2023.pdf
San Francisco Market Report March 2023.pdfSan Francisco Market Report March 2023.pdf
San Francisco Market Report March 2023.pdf
Ronny Budiutama
 
San Francisco Market Report June 2021
San Francisco Market Report June 2021San Francisco Market Report June 2021
San Francisco Market Report June 2021
Ronny Budiutama
 
San Francisco June 2023 Market Report.pdf
San Francisco June 2023 Market Report.pdfSan Francisco June 2023 Market Report.pdf
San Francisco June 2023 Market Report.pdf
Ronny Budiutama
 
San Francisco Market Report September 2021
San Francisco Market Report September 2021San Francisco Market Report September 2021
San Francisco Market Report September 2021
Ronny Budiutama
 
San Francisco December 2023 Market Report
San Francisco December 2023 Market ReportSan Francisco December 2023 Market Report
San Francisco December 2023 Market Report
Ronny Budiutama
 
San Francisco Market Report October 2021
San Francisco Market Report October 2021San Francisco Market Report October 2021
San Francisco Market Report October 2021
Ronny Budiutama
 
San Francisco market report April 2020
San Francisco market report April 2020San Francisco market report April 2020
San Francisco market report April 2020
Ronny Budiutama
 
San Francisco market focus report December 2019
San Francisco market focus report December 2019San Francisco market focus report December 2019
San Francisco market focus report December 2019
Ronny Budiutama
 
San Francisco May 2023 Market Report.pdf
San Francisco May 2023 Market Report.pdfSan Francisco May 2023 Market Report.pdf
San Francisco May 2023 Market Report.pdf
Ronny Budiutama
 
San Francisco Market Report March 2021
San Francisco Market Report March 2021San Francisco Market Report March 2021
San Francisco Market Report March 2021
Ronny Budiutama
 
San Francisco market report July 2020
San Francisco market report July 2020San Francisco market report July 2020
San Francisco market report July 2020
Ronny Budiutama
 
San Francisco Market Report November 2021
San Francisco Market Report November 2021San Francisco Market Report November 2021
San Francisco Market Report November 2021
Ronny Budiutama
 
San Francisco January 2024 Market Report
San Francisco January 2024 Market ReportSan Francisco January 2024 Market Report
San Francisco January 2024 Market Report
Ronny Budiutama
 
San Francisco Market Report For July 2021
San Francisco Market Report For July 2021San Francisco Market Report For July 2021
San Francisco Market Report For July 2021
Ronny Budiutama
 

Similar to San Francisco Market Report June 2022.pdf (20)

San Francisco Market Report January 2022
San Francisco Market Report January 2022San Francisco Market Report January 2022
San Francisco Market Report January 2022
 
San Francisco Market Report December 2022.pdf
San Francisco Market Report December 2022.pdfSan Francisco Market Report December 2022.pdf
San Francisco Market Report December 2022.pdf
 
San Francisco Market Report August 2022.pdf
San Francisco Market Report August 2022.pdfSan Francisco Market Report August 2022.pdf
San Francisco Market Report August 2022.pdf
 
San Francisco Market Report November 2022.pdf
San Francisco Market Report November 2022.pdfSan Francisco Market Report November 2022.pdf
San Francisco Market Report November 2022.pdf
 
San Francisco Market Report February 2023
San Francisco Market Report February 2023San Francisco Market Report February 2023
San Francisco Market Report February 2023
 
San Francisco Market Report January 2023.pdf
San Francisco Market Report January 2023.pdfSan Francisco Market Report January 2023.pdf
San Francisco Market Report January 2023.pdf
 
San Francisco Market Report March 2023.pdf
San Francisco Market Report March 2023.pdfSan Francisco Market Report March 2023.pdf
San Francisco Market Report March 2023.pdf
 
San Francisco Market Report June 2021
San Francisco Market Report June 2021San Francisco Market Report June 2021
San Francisco Market Report June 2021
 
San Francisco June 2023 Market Report.pdf
San Francisco June 2023 Market Report.pdfSan Francisco June 2023 Market Report.pdf
San Francisco June 2023 Market Report.pdf
 
San Francisco Market Report September 2021
San Francisco Market Report September 2021San Francisco Market Report September 2021
San Francisco Market Report September 2021
 
San Francisco December 2023 Market Report
San Francisco December 2023 Market ReportSan Francisco December 2023 Market Report
San Francisco December 2023 Market Report
 
San Francisco Market Report October 2021
San Francisco Market Report October 2021San Francisco Market Report October 2021
San Francisco Market Report October 2021
 
San Francisco market report April 2020
San Francisco market report April 2020San Francisco market report April 2020
San Francisco market report April 2020
 
San Francisco market focus report December 2019
San Francisco market focus report December 2019San Francisco market focus report December 2019
San Francisco market focus report December 2019
 
San Francisco May 2023 Market Report.pdf
San Francisco May 2023 Market Report.pdfSan Francisco May 2023 Market Report.pdf
San Francisco May 2023 Market Report.pdf
 
San Francisco Market Report March 2021
San Francisco Market Report March 2021San Francisco Market Report March 2021
San Francisco Market Report March 2021
 
San Francisco market report July 2020
San Francisco market report July 2020San Francisco market report July 2020
San Francisco market report July 2020
 
San Francisco Market Report November 2021
San Francisco Market Report November 2021San Francisco Market Report November 2021
San Francisco Market Report November 2021
 
San Francisco January 2024 Market Report
San Francisco January 2024 Market ReportSan Francisco January 2024 Market Report
San Francisco January 2024 Market Report
 
San Francisco Market Report For July 2021
San Francisco Market Report For July 2021San Francisco Market Report For July 2021
San Francisco Market Report For July 2021
 

More from Ronny Budiutama

San Francisco Market Update -February 2024
San Francisco Market Update -February 2024San Francisco Market Update -February 2024
San Francisco Market Update -February 2024
Ronny Budiutama
 
San Francisco Market Update - March 2024
San Francisco Market Update - March 2024San Francisco Market Update - March 2024
San Francisco Market Update - March 2024
Ronny Budiutama
 
San Francisco November 2023 Market Report
San Francisco November 2023 Market ReportSan Francisco November 2023 Market Report
San Francisco November 2023 Market Report
Ronny Budiutama
 
2023 Annual San Francisco Housing Market
2023 Annual San Francisco Housing Market2023 Annual San Francisco Housing Market
2023 Annual San Francisco Housing Market
Ronny Budiutama
 
October 2023 Report: San Francisco Real Estate Market Insights
October 2023 Report: San Francisco Real Estate Market InsightsOctober 2023 Report: San Francisco Real Estate Market Insights
October 2023 Report: San Francisco Real Estate Market Insights
Ronny Budiutama
 
CA Weekly MLS Market Data Report - August 2023
CA Weekly MLS Market Data Report - August 2023CA Weekly MLS Market Data Report - August 2023
CA Weekly MLS Market Data Report - August 2023
Ronny Budiutama
 
San Francisco Market Report July 2023.pdf
San Francisco Market Report July 2023.pdfSan Francisco Market Report July 2023.pdf
San Francisco Market Report July 2023.pdf
Ronny Budiutama
 
Annual Report on the San Francisco County Housing Market.pdf
Annual Report on the San Francisco County Housing Market.pdfAnnual Report on the San Francisco County Housing Market.pdf
Annual Report on the San Francisco County Housing Market.pdf
Ronny Budiutama
 

More from Ronny Budiutama (8)

San Francisco Market Update -February 2024
San Francisco Market Update -February 2024San Francisco Market Update -February 2024
San Francisco Market Update -February 2024
 
San Francisco Market Update - March 2024
San Francisco Market Update - March 2024San Francisco Market Update - March 2024
San Francisco Market Update - March 2024
 
San Francisco November 2023 Market Report
San Francisco November 2023 Market ReportSan Francisco November 2023 Market Report
San Francisco November 2023 Market Report
 
2023 Annual San Francisco Housing Market
2023 Annual San Francisco Housing Market2023 Annual San Francisco Housing Market
2023 Annual San Francisco Housing Market
 
October 2023 Report: San Francisco Real Estate Market Insights
October 2023 Report: San Francisco Real Estate Market InsightsOctober 2023 Report: San Francisco Real Estate Market Insights
October 2023 Report: San Francisco Real Estate Market Insights
 
CA Weekly MLS Market Data Report - August 2023
CA Weekly MLS Market Data Report - August 2023CA Weekly MLS Market Data Report - August 2023
CA Weekly MLS Market Data Report - August 2023
 
San Francisco Market Report July 2023.pdf
San Francisco Market Report July 2023.pdfSan Francisco Market Report July 2023.pdf
San Francisco Market Report July 2023.pdf
 
Annual Report on the San Francisco County Housing Market.pdf
Annual Report on the San Francisco County Housing Market.pdfAnnual Report on the San Francisco County Housing Market.pdf
Annual Report on the San Francisco County Housing Market.pdf
 

Recently uploaded

Living in an UBER World - June '24 Sales Meeting
Living in an UBER World - June '24 Sales MeetingLiving in an UBER World - June '24 Sales Meeting
Living in an UBER World - June '24 Sales Meeting
Tom Blefko
 
Stark Builders: Where Quality Meets Craftsmanship!
Stark Builders: Where Quality Meets Craftsmanship!Stark Builders: Where Quality Meets Craftsmanship!
Stark Builders: Where Quality Meets Craftsmanship!
shuilykhatunnil
 
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaon
Signature Global TITANIUM SPR  | 3.5 & 4.5BHK High rise Apartments in GurgaonSignature Global TITANIUM SPR  | 3.5 & 4.5BHK High rise Apartments in Gurgaon
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaon
globalsignature2022
 
Listing Turkey - Piyalepasa Istanbul Catalog
Listing Turkey -  Piyalepasa Istanbul CatalogListing Turkey -  Piyalepasa Istanbul Catalog
Listing Turkey - Piyalepasa Istanbul Catalog
Listing Turkey
 
SVN Live 6.17.24 Weekly Property Broadcast
SVN Live 6.17.24 Weekly Property BroadcastSVN Live 6.17.24 Weekly Property Broadcast
SVN Live 6.17.24 Weekly Property Broadcast
SVN International Corp.
 
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptx
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptxAnilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptx
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptx
neilahuja668
 
Sunrise Infra Properties Company Profile Pradeep.pdf
Sunrise Infra Properties Company Profile Pradeep.pdfSunrise Infra Properties Company Profile Pradeep.pdf
Sunrise Infra Properties Company Profile Pradeep.pdf
babugunda75
 
Office Building for Sale - 2810 City View Drive, Madison, WI
Office Building for Sale - 2810 City View Drive, Madison, WIOffice Building for Sale - 2810 City View Drive, Madison, WI
Office Building for Sale - 2810 City View Drive, Madison, WI
Lee & Associates of Madison, WI
 
Floople Real Estate Market in the UK - Current Trends and Future Prospects
Floople Real Estate Market in the UK - Current Trends and Future ProspectsFloople Real Estate Market in the UK - Current Trends and Future Prospects
Floople Real Estate Market in the UK - Current Trends and Future Prospects
Floople
 
Why is Revit MEP Outsourcing considered an as good option for construction pr...
Why is Revit MEP Outsourcing considered an as good option for construction pr...Why is Revit MEP Outsourcing considered an as good option for construction pr...
Why is Revit MEP Outsourcing considered an as good option for construction pr...
MarsBIM1
 
Future of andhra pradesh real estate.pdf
Future of andhra pradesh real estate.pdfFuture of andhra pradesh real estate.pdf
Future of andhra pradesh real estate.pdf
narinav14
 

Recently uploaded (11)

Living in an UBER World - June '24 Sales Meeting
Living in an UBER World - June '24 Sales MeetingLiving in an UBER World - June '24 Sales Meeting
Living in an UBER World - June '24 Sales Meeting
 
Stark Builders: Where Quality Meets Craftsmanship!
Stark Builders: Where Quality Meets Craftsmanship!Stark Builders: Where Quality Meets Craftsmanship!
Stark Builders: Where Quality Meets Craftsmanship!
 
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaon
Signature Global TITANIUM SPR  | 3.5 & 4.5BHK High rise Apartments in GurgaonSignature Global TITANIUM SPR  | 3.5 & 4.5BHK High rise Apartments in Gurgaon
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaon
 
Listing Turkey - Piyalepasa Istanbul Catalog
Listing Turkey -  Piyalepasa Istanbul CatalogListing Turkey -  Piyalepasa Istanbul Catalog
Listing Turkey - Piyalepasa Istanbul Catalog
 
SVN Live 6.17.24 Weekly Property Broadcast
SVN Live 6.17.24 Weekly Property BroadcastSVN Live 6.17.24 Weekly Property Broadcast
SVN Live 6.17.24 Weekly Property Broadcast
 
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptx
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptxAnilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptx
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptx
 
Sunrise Infra Properties Company Profile Pradeep.pdf
Sunrise Infra Properties Company Profile Pradeep.pdfSunrise Infra Properties Company Profile Pradeep.pdf
Sunrise Infra Properties Company Profile Pradeep.pdf
 
Office Building for Sale - 2810 City View Drive, Madison, WI
Office Building for Sale - 2810 City View Drive, Madison, WIOffice Building for Sale - 2810 City View Drive, Madison, WI
Office Building for Sale - 2810 City View Drive, Madison, WI
 
Floople Real Estate Market in the UK - Current Trends and Future Prospects
Floople Real Estate Market in the UK - Current Trends and Future ProspectsFloople Real Estate Market in the UK - Current Trends and Future Prospects
Floople Real Estate Market in the UK - Current Trends and Future Prospects
 
Why is Revit MEP Outsourcing considered an as good option for construction pr...
Why is Revit MEP Outsourcing considered an as good option for construction pr...Why is Revit MEP Outsourcing considered an as good option for construction pr...
Why is Revit MEP Outsourcing considered an as good option for construction pr...
 
Future of andhra pradesh real estate.pdf
Future of andhra pradesh real estate.pdfFuture of andhra pradesh real estate.pdf
Future of andhra pradesh real estate.pdf
 

San Francisco Market Report June 2022.pdf

  • 1. June 2022 Monthly Snapshot One-Year Change in One-Year Change in Median Sales Price Single Family Median Sales Price Condo/TIC/Coop 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. Condo/TIC/Coop Activity Overview Inventory of Active Listings % of Properties Sold Over List Price % of List Price Received Housing Affordability Ratio All Properties Activity Overview New Listings Pending Sales Sold Listings Median Sales Price Average Sales Price Days on Market Until Sale Activity by District Monthly Indicators - 2.6% 0.0% + 2.7% One-Year Change in Rising inflation, soaring home prices, and increased mortgage interest rates have combined to cause a slowdown in the U.S. housing market. To help quell inflation, which reached 8.6% as of last measure in May, the Federal Reserve raised interest rates by three quarters of a percentage point in June, the largest interest rate hike since 1994. Higher prices, coupled with 30-year fixed mortgage rates approaching 6%, have exacerbated affordability challenges and rapidly cooled demand, with home sales and mortgage applications falling sharply from a year ago. New Listings were down 36.7 percent for single family homes and 39.8 percent for Condo/TIC/Coop properties. Pending Sales decreased 28.4 percent for single family homes and 35.6 percent for Condo/TIC/Coop properties. The Median Sales Price was down 2.6 percent to $1,890,000 for single family homes but remained flat at $1,250,000 for Condo/TIC/Coop properties. Months Supply of Inventory decreased 25.0 percent for single family units and 14.3 percent for Condo/TIC/Coop units. With monthly mortgage payments up more than 50% compared to this time last year, the rising costs of homeownership have sidelined many prospective buyers. Nationally, the median sales price of existing homes recently exceeded $400,000 for the first time ever, a 15% increase from the same period a year ago, according to the National Association of REALTORS®. As existing home sales continue to soften nationwide, housing supply is slowly improving, with inventory up for the second straight month. In time, price growth is expected to moderate as supply grows; for now, however, inventory remains low, and buyers are feeling the squeeze of higher prices all around. Median Sales Price All Property Types Residential real estate activity in San Francisco County (Districts 1-10) composed of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures. Single Family Activity Overview Months Supply of Inventory For questions or more information, contact communications@sfrealtors.com.
  • 2. Single Family Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Key Metrics Historical Sparkbars 6-2021 6-2022 Percent Change YTD 2021 YTD 2022 Percent Change - 11.7% 1,680 1,325 - 10.2% $1,925,000 + 6.9% + 2.7% Pending Sales 275 197 - 28.4% - 12.3% 1,552 1,361 New Listings 324 205 - 36.7% 1,903 Sold Listings 326 242 - 25.8% 1,475 Median Sales Price $1,940,000 $1,890,000 - 2.6% $1,800,000 19 - 13.6% $2,407,315 -- -- Days on Market 17 16 - 5.9% 22 Avg. Sales Price $2,500,720 $2,370,243 - 5.2% $2,343,485 Active Listings 643 415 - 35.5% -- % of Properties Sold Over List Price 82.2% 86.4% + 5.1% 74.8% 31 86.0% + 15.0% + 6.2% 22 - 29.0% 120.2% % of List Price Received 116.2% 116.9% + 0.6% 113.2% Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 2 Months Supply 2.4 1.8 - 25.0% -- -- -- Affordability Ratio 28 23 - 17.9% 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022
  • 3. Condo/TIC/Coop Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Key Metrics Historical Sparkbars 6-2021 6-2022 Percent Change YTD 2021 YTD 2022 Percent Change - 10.7% Pending Sales 388 250 - 35.6% 2,475 1,907 - 22.9% New Listings 495 298 - 39.8% 3,194 2,853 Sold Listings 471 297 - 36.9% 2,381 1,872 - 21.4% Median Sales Price $1,250,000 $1,250,000 0.0% $1,200,000 $1,250,000 + 4.2% + 4.0% 36 - 21.7% $1,403,571 -- -- Days on Market 35 36 + 2.9% 46 Avg. Sales Price $1,388,929 $1,375,094 - 1.0% $1,349,998 Active Listings 1,487 1,169 - 21.4% -- % of Properties Sold Over List Price 54.4% 58.2% + 7.0% 44.3% 54 56.7% + 28.0% + 2.6% 39 - 27.8% 105.8% % of List Price Received 105.3% 105.4% + 0.1% 103.1% Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 3 Months Supply 4.2 3.6 - 14.3% -- -- -- Affordability Ratio 52 39 - 25.0% 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022
  • 4. New Listings New Listings Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Jul-2021 304 -25.5% 429 -38.6% Aug-2021 303 -14.4% 438 -32.8% Sep-2021 379 +6.8% 587 -11.9% Oct-2021 275 -26.1% 463 -11.3% Nov-2021 165 -31.5% 280 +9.8% Dec-2021 109 -25.9% 219 -11.7% Jan-2022 271 +5.0% 515 -3.7% Feb-2022 295 -3.6% 528 +5.2% Mar-2022 341 -1.7% 584 -5.8% Apr-2022 293 -17.2% 505 -1.9% May-2022 275 -12.4% 423 -19.7% Jun-2022 205 -36.7% 298 -39.8% 12-Month Avg 268 -14.9% 439 -15.5% Historical New Listings by Month Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 4 A count of the properties that have been newly listed on the market in a given month. 359 579 324 495 205 298 Single Family Condo/TIC/Coop June 0 200 400 600 800 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 Single Family Condo/TIC/Coop 1,515 2,357 1,903 3,194 1,680 2,853 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 - 39.8% - 14.5% - 36.7% - 9.7% + 35.5% - 11.7% + 25.6% - 10.7% 2020 2021 2022 2020 2021 2022 2020 2021 2022 + 34.0% - 4.1% + 11.8% + 89.2%
  • 5. Pending Sales Pending Sales Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Jul-2021 259 -6.2% 364 +50.4% Aug-2021 226 -3.8% 316 -1.9% Sep-2021 330 +17.4% 336 +9.8% Oct-2021 273 -12.2% 403 +21.0% Nov-2021 260 -15.3% 362 +20.7% Dec-2021 129 -36.8% 226 -26.4% Jan-2022 145 -14.7% 251 -14.0% Feb-2022 216 -4.0% 293 -23.1% Mar-2022 289 0.0% 439 -7.4% Apr-2022 268 -6.3% 344 -28.2% May-2022 246 -19.9% 330 -28.4% Jun-2022 197 -28.4% 250 -35.6% 12-Month Avg 237 -10.4% 326 -8.7% Historical Pending Sales by Month Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 5 A count of the properties on which offers have been accepted in a given month. 227 234 275 388 197 250 Single Family Condo/TIC/Coop June 0 100 200 300 400 500 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 Single Family Condo/TIC/Coop 906 1,040 1,552 2,475 1,361 1,907 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 - 35.6% + 65.8% - 28.4% + 21.1% + 138.0% - 12.3% + 71.3% - 22.9% 2020 2021 2022 2020 2021 2022 2020 2021 2022 + 8.6% - 26.1% - 32.9% - 5.3%
  • 6. Sold Listings Sold Listings Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Jul-2021 255 +7.1% 369 +38.7% Aug-2021 256 +5.3% 348 +45.0% Sep-2021 245 -4.7% 291 -9.9% Oct-2021 310 +1.6% 362 +24.0% Nov-2021 293 +3.2% 423 +24.0% Dec-2021 216 -28.5% 325 -7.9% Jan-2022 129 -19.9% 186 -31.1% Feb-2022 159 -2.5% 250 -10.1% Mar-2022 256 -5.2% 394 -13.8% Apr-2022 257 -11.1% 377 -18.4% May-2022 282 +6.0% 368 -16.9% Jun-2022 242 -25.8% 297 -36.9% 12-Month Avg 242 -6.6% 333 -4.9% Historical Sold Listings by Month Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 6 A count of the actual sales that closed in a given month. 181 177 326 471 242 297 Single Family Condo/TIC/Coop June 0 100 200 300 400 500 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 Single Family Condo/TIC/Coop 834 973 1,475 2,381 1,325 1,872 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 - 36.9% + 166.1% - 25.8% + 80.1% + 144.7% - 10.2% + 76.9% - 21.4% 2020 2021 2022 2020 2021 2022 2020 2021 2022 - 12.6% - 27.7% - 33.9% - 32.2%
  • 7. Median Sales Price Median Sales Price Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Jul-2021 $1,850,000 +15.3% $1,210,000 -4.0% Aug-2021 $1,847,500 +13.7% $1,150,000 -5.0% Sep-2021 $1,750,000 +6.1% $1,200,000 +2.1% Oct-2021 $1,805,000 +12.5% $1,242,500 +7.8% Nov-2021 $1,880,000 +14.8% $1,260,000 +7.5% Dec-2021 $1,690,000 +9.0% $1,300,000 +18.2% Jan-2022 $1,630,000 +3.5% $1,070,000 -0.2% Feb-2022 $1,930,000 +17.0% $1,227,500 +2.6% Mar-2022 $2,030,000 +17.7% $1,206,750 -1.2% Apr-2022 $2,050,000 +13.9% $1,365,000 +13.8% May-2022 $2,007,500 +6.4% $1,215,000 -1.0% Jun-2022 $1,890,000 -2.6% $1,250,000 0.0% 12-Month Avg* $1,856,125 +9.2% $1,240,000 +3.5% Historical Median Sales Price by Month * Median Sales Price for all properties from July 2021 through June 2022. This is not the average of the individual figures above. Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 7 Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month. $1,730,000 $1,225,000 $1,940,000 $1,250,000 $1,890,000 $1,250,000 Single Family Condo/TIC/Coop June $500,000 $750,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 Single Family Condo/TIC/Coop $1,610,000 $1,200,000 $1,800,000 $1,200,000 $1,925,000 $1,250,000 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 0.0% + 2.0% - 2.6% + 12.1% 0.0% + 6.9% + 11.8% + 4.2% 2020 2021 2022 2020 2021 2022 2020 2021 2022 - 1.1% + 0.6% 0.0% - 5.4%
  • 8. Average Sales Price Average Sales Price Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Jul-2021 $2,292,230 +13.8% $1,357,053 -2.9% Aug-2021 $2,128,296 +7.1% $1,425,053 +7.4% Sep-2021 $2,165,489 +14.2% $1,330,272 +1.9% Oct-2021 $2,359,157 +23.7% $1,456,361 +16.3% Nov-2021 $2,352,770 +15.6% $1,539,719 +21.1% Dec-2021 $2,365,749 +17.5% $1,488,734 +16.1% Jan-2022 $1,977,367 +1.6% $1,311,263 +8.3% Feb-2022 $2,417,245 +7.1% $1,398,389 +4.0% Mar-2022 $2,538,817 +14.6% $1,411,860 +3.1% Apr-2022 $2,515,877 +3.5% $1,466,749 +8.9% May-2022 $2,411,895 -2.7% $1,403,132 +1.7% Jun-2022 $2,370,243 -5.2% $1,375,094 -1.0% 12-Month Avg* $2,338,380 +8.8% $1,421,962 +7.0% Historical Average Sales Price by Month * Avg. Sales Price for all properties from July 2021 through June 2022. This is not the average of the individual figures above. Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 8 Average sales price for all closed sales, not accounting for seller concessions, in a given month. $2,200,915 $1,415,327 $2,500,720 $1,388,929 $2,370,243 $1,375,094 Single Family Condo/TIC/Coop June $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 Single Family Condo/TIC/Coop $2,061,800 $1,341,570 $2,343,485 $1,349,998 $2,407,315 $1,403,571 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 - 1.0% - 1.9% - 5.2% + 13.6% + 0.6% + 2.7% + 13.7% + 4.0% 2020 2021 2022 2020 2021 2022 2020 2021 2022 + 3.2% + 1.8% + 0.4% - 0.6%
  • 9. Days on Market Until Sale Days on Market Until Sale Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Jul-2021 18 -28.0% 40 +5.3% Aug-2021 24 0.0% 40 0.0% Sep-2021 22 -12.0% 37 -17.8% Oct-2021 19 -29.6% 34 -17.1% Nov-2021 20 -39.4% 40 -20.0% Dec-2021 30 -14.3% 45 -27.4% Jan-2022 37 +2.8% 62 -11.4% Feb-2022 19 -36.7% 33 -46.8% Mar-2022 15 -34.8% 32 -28.9% Apr-2022 15 -21.1% 29 -35.6% May-2022 20 +11.1% 36 0.0% Jun-2022 16 -5.9% 36 +2.9% 12-Month Avg* 20 -20.0% 38 -18.6% Historical Days on Market Until Sale by Month * Days on Market for all properties from July 2021 through June 2022. This is not the average of the individual figures above. Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 9 Average number of days between when a property is listed and when an offer is accepted in a given month. 26 34 17 35 16 36 Single Family Condo/TIC/Coop June 0 20 40 60 80 100 120 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 Single Family Condo/TIC/Coop 25 36 22 46 19 36 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 + 2.9% + 2.9% - 5.9% - 34.6% + 27.8% - 13.6% - 12.0% - 21.7% 2020 2021 2022 2020 2021 2022 2020 2021 2022 + 18.2% - 3.8% - 2.7% + 6.3%
  • 10. Inventory of Active Listings Inventory of Active Listings Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Jul-2021 651 -24.4% 1,459 -24.4% Aug-2021 685 -25.9% 1,472 -30.2% Sep-2021 684 -26.4% 1,616 -30.3% Oct-2021 642 -30.7% 1,554 -34.0% Nov-2021 512 -35.4% 1,358 -35.1% Dec-2021 379 -35.3% 1,015 -32.6% Jan-2022 480 -19.5% 1,215 -24.3% Feb-2022 527 -16.3% 1,369 -14.2% Mar-2022 540 -15.5% 1,397 -12.0% Apr-2022 519 -23.0% 1,421 -6.8% May-2022 490 -23.9% 1,338 -11.0% Jun-2022 415 -35.5% 1,169 -21.4% 12-Month Avg* 544 -26.2% 1,365 -24.2% Historical Inventory of Active Listings by Month * Active Listings for all properties from July 2021 through June 2022. This is not the average of the individual figures above. Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 10 The number of properties available for sale in active status at the end of a given month. 783 1,568 643 1,487 415 1,169 Single Family Condo/TIC/Coop June 0 500 1,000 1,500 2,000 2,500 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 Single Family Condo/TIC/Coop 2020 2021 2022 - 21.4% - 5.2% - 35.5% - 17.9% 2020 2021 2022 + 46.1% + 85.6%
  • 11. % of Properties Sold Over List Price % of Properties Sold Over List Price Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Jul-2021 83.5% +29.1% 55.6% +25.2% Aug-2021 84.4% +28.3% 54.6% +59.6% Sep-2021 84.5% +30.0% 54.6% +58.7% Oct-2021 84.5% +25.2% 61.0% +42.5% Nov-2021 79.5% +29.1% 55.6% +69.5% Dec-2021 78.7% +25.1% 46.5% +62.6% Jan-2022 76.0% +31.5% 38.7% +76.7% Feb-2022 86.8% +27.5% 58.4% +65.4% Mar-2022 86.3% +16.5% 58.1% +35.4% Apr-2022 88.7% +16.6% 62.9% +39.2% May-2022 86.9% +9.0% 55.3% +3.4% Jun-2022 86.4% +5.1% 58.2% +7.0% 12-Month Avg 84.1% +21.1% 55.7% +37.1% Historical % of Properties Sold Over List Price by Month * % of Properties Sold Over List Price for all properties from July 2021 through June 2022. This is not the average of the individual figures above. Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 11 Percentage found when dividing the number of properties sold by properties sold over its original list price, not accounting for seller concessions. 55.2% 31.1% 82.2% 54.4% 86.4% 58.2% Single Family Condo/TIC/Coop June 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 Single Family Condo/TIC/Coop 67.2% 49.0% 74.8% 44.3% 86.0% 56.7% Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 + 7.0% + 74.9% + 5.1% + 48.9% - 9.6% + 15.0% + 11.3% + 28.0% 2020 2021 2022 2020 2021 2022 2020 2021 2022 - 31.6% - 10.8% - 14.0% - 51.4%
  • 12. % of List Price Received % of List Price Received Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Jul-2021 118.5% +11.8% 104.8% +3.8% Aug-2021 116.1% +8.0% 104.3% +3.9% Sep-2021 116.3% +8.9% 105.0% +4.8% Oct-2021 117.0% +8.2% 105.6% +4.2% Nov-2021 114.9% +8.4% 104.6% +4.4% Dec-2021 114.3% +7.8% 103.5% +4.2% Jan-2022 117.7% +11.8% 101.1% +2.4% Feb-2022 121.2% +10.5% 106.1% +5.4% Mar-2022 122.0% +8.7% 106.4% +3.9% Apr-2022 123.1% +8.2% 107.3% +3.5% May-2022 119.6% +2.4% 105.9% +0.7% Jun-2022 116.9% +0.6% 105.4% +0.1% 12-Month Avg* 118.1% +7.5% 105.2% +3.2% Historical % of List Price Received by Month * % of List Price Received for all properties from July 2021 through June 2022. This is not the average of the individual figures above. Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 12 Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold in a given month, not accounting for seller concessions. 105.6% 99.9% 116.2% 105.3% 116.9% 105.4% Single Family Condo/TIC/Coop June 109.0% 102.7% 113.2% 103.1% 120.2% 105.8% Single Family Condo/TIC/Coop Year to Date 90.0% 100.0% 110.0% 120.0% 130.0% 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 Single Family Condo/TIC/Coop 2020 2021 2022 + 0.1% + 5.4% + 0.6% + 10.0% 2020 2021 2022 - 8.2% - 6.8% 2020 2021 2022 + 2.6% + 0.4% + 6.2% + 3.9% 2020 2021 2022 - 2.6% - 2.4%
  • 13. Housing Affordability Ratio Housing Affordability Ratio Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Jul-2021 30 -14.3% 54 +1.9% Aug-2021 30 -14.3% 57 +1.8% Sep-2021 32 -8.6% 55 -3.5% Oct-2021 31 -13.9% 53 -10.2% Nov-2021 30 -14.3% 54 -8.5% Dec-2021 32 -13.5% 49 -21.0% Jan-2022 32 -11.1% 57 -9.5% Feb-2022 27 -18.2% 49 -7.5% Mar-2022 23 -28.1% 45 -13.5% Apr-2022 21 -32.3% 37 -32.7% May-2022 22 -26.7% 42 -22.2% Jun-2022 23 -17.9% 39 -25.0% 12-Month Avg* 28 -31.5% 49 -30.8% Historical Housing Affordability Ratio by Month * Affordability Ratio for all properties from July 2021 through June 2022. This is not the average of the individual figures above. Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 13 This index measures housing affordability for the region. For example, an index of 120 means the median household income is 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability. 32 54 28 52 23 39 Single Family Condo/TIC/Coop June 20 40 60 80 100 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 Single Family Condo/TIC/Coop 2020 2021 2022 - 25.0% - 3.7% - 17.9% - 12.5% 2020 2021 2022 + 10.3% + 20.0% 35 55 31 54 22 39 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 - 27.8% - 1.8% - 29.0% - 11.4% 2020 2021 2022 + 12.9% + 12.2%
  • 14. Months Supply of Inventory Months Supply of Inventory Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Jul-2021 2.5 -46.8% 4.0 -58.3% Aug-2021 2.6 -46.9% 4.0 -60.0% Sep-2021 2.6 -45.8% 4.4 -58.5% Oct-2021 2.4 -48.9% 4.1 -61.7% Nov-2021 2.0 -48.7% 3.6 -61.3% Dec-2021 1.5 -46.4% 2.7 -57.1% Jan-2022 1.9 -32.1% 3.3 -49.2% Feb-2022 2.1 -27.6% 3.8 -37.7% Mar-2022 2.2 -21.4% 3.9 -30.4% Apr-2022 2.1 -22.2% 4.1 -14.6% May-2022 2.0 -20.0% 4.0 -9.1% Jun-2022 1.8 -25.0% 3.6 -14.3% 12-Month Avg* 2.1 -38.7% 3.8 -48.5% Historical Months Supply of Inventory by Month * Months Supply for all properties from July 2021 through June 2022. This is not the average of the individual figures above. Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 14 The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months. 4.4 7.8 2.4 4.2 1.8 3.6 Single Family Condo/TIC/Coop June 0.0 2.0 4.0 6.0 8.0 10.0 12.0 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 Single Family Condo/TIC/Coop 2020 2021 2022 - 14.3% - 46.2% - 25.0% - 45.5% 2020 2021 2022 + 69.2% + 122.9%
  • 15. All Properties Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Key Metrics Historical Sparkbars 6-2021 6-2022 Percent Change YTD 2021 YTD 2022 Percent Change - 11.2% Pending Sales 674 452 - 32.9% 4,073 3,299 - 19.0% New Listings 834 511 - 38.7% 5,168 4,589 Sold Listings 806 545 - 32.4% 3,902 3,230 - 17.2% Median Sales Price $1,500,000 $1,540,000 + 2.7% $1,400,000 $1,500,000 + 7.1% + 4.8% 29 - 21.6% $1,815,019 -- -- Days on Market 28 27 - 3.6% 37 Avg. Sales Price $1,841,704 $1,815,590 - 1.4% $1,731,253 Active Listings 2,174 1,621 - 25.4% -- % of Properties Sold Over List Price 65.9% 70.8% + 7.4% 55.9% 38 68.7% + 22.9% + 4.4% 27 - 28.9% 111.7% % of List Price Received 109.8% 110.5% + 0.6% 107.0% Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 15 Months Supply 3.4 2.9 - 14.7% -- -- -- Affordability Ratio 36 27 - 25.0% 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022 6-2019 6-2020 6-2021 6-2022
  • 16. Activity by District SF District 1: Northwest (Sea Cliff, Lake, Jordan Park / Laurel Heights, Outer Richmond, Central Richmond, Inner Richmond, Lone Mountain) SF District 2: Central West (Outer Sunset, Central Sunset, Inner Sunset, Outer Parkside, Parkside, Inner Parkside, Golden Gate Heights) SF District 3: Southwest (Pine Lake Park, Lake Shore, Merced Manor, Stonestown, Lakeside, Merced Heights, Ingleside, Ingleside Heights, Oceanview) SF District 4: Twin Peaks W (Forest Hill (& Ext), W Portal, St Francis Wd, Balboa Terr, Mt Dav Manor, Ingleside Terr, Monterey Hts, Wstwd Pk & H'lnds, Shrwd Fst, Miraloma Pk, Dmnd Hts, Mdtwn Terr) SF District 5: Central (Haight Ashbury, Cole Vly / Prnssus Hts, Clarndn Hts, Corona Hts, Twin Pks, Glen Pk, Noe Vly, Eureka Vly / Dolores Hts, Mission Dolores, Duboce Trngl, Buena Vista / Ashbury Hts) SF District 6: Central North (Lower Pacific Heights, Anza Vista, Western Addition, North Panhandle, Alamo Square, Hayes Valley) SF District 7: North (Marina, Cow Hollow, Presidio Heights, Pacific Heights) SF District 8: Northeast (North Waterfront, North Beach, Russian Hill, Telegraph Hill, Nob Hill, Financial District / Barbary Coast, Downtown, Van Ness / Civic Center, Tenderloin) SF District 9: Central East (Yerba Buena, South Beach, South of Market, Mission Bay, Inner Mission, Potrero Hill, Central Waterfront / Dogpatch, Bernal Heights) SF District 10: Southeast (Outer Mission, Mission Terr, Excelsior, Portola, Bayview, Silver Terr, Hunters Pt, Candlestick Pt, Bayview Hts, Little Hollywood, Visitation Vly, Crocker Amazon) 6-2021 6-2022 + / – 6-2021 6-2022 + / – 6-2021 6-2022 + / – 6-2021 6-2022 + / – 6-2021 6-2022 + / – Single Family 1 SF District 1 38 32 -15.8% 25 17 -32.0% $2,250,000 $2,450,000 +8.9% 14 14 0.0% 1.9 1.5 -21.1% 2 SF District 2 87 55 -36.8% 53 53 0.0% $1,825,000 $1,805,000 -1.1% 13 14 +7.7% 1.9 1.2 -36.8% 3 SF District 3 33 23 -30.3% 16 11 -31.3% $1,377,500 $1,523,000 +10.6% 19 12 -36.8% 2.0 1.4 -30.0% 4 SF District 4 81 55 -32.1% 51 35 -31.4% $2,150,000 $2,157,000 +0.3% 11 12 +9.1% 2.1 1.7 -19.0% 5 SF District 5 107 54 -49.5% 57 40 -29.8% $2,950,000 $2,817,500 -4.5% 22 15 -31.8% 2.6 1.6 -38.5% 6 SF District 6 17 7 -58.8% 6 4 -33.3% $2,862,475 $3,236,500 +13.1% 9 26 +188.9% 3.0 1.5 -50.0% 7 SF District 7 49 25 -49.0% 24 12 -50.0% $5,750,000 $6,775,000 +17.8% 14 19 +35.7% 3.9 2.4 -38.5% 8 SF District 8 30 16 -46.7% 0 4 -- $0 $5,001,108 -- 0 10 -- 14.3 4.2 -70.6% 9 SF District 9 86 53 -38.4% 38 21 -44.7% $1,737,500 $1,900,000 +9.4% 25 24 -4.0% 2.7 2.1 -22.2% 10 SF District 10 115 95 -17.4% 56 45 -19.6% $1,301,000 $1,300,000 -0.1% 21 19 -9.5% 2.3 2.2 -4.3% Condo/TIC/Coop 1 SF District 1 34 36 +5.9% 21 13 -38.1% $1,468,888 $1,445,000 -1.6% 16 31 +93.8% 1.7 2.2 +29.4% 2 SF District 2 18 16 -11.1% 8 3 -62.5% $1,344,000 $1,550,000 +15.3% 26 12 -53.8% 2.8 3.8 +35.7% 3 SF District 3 10 10 0.0% 6 5 -16.7% $892,000 $1,180,000 +32.3% 18 15 -16.7% 2.5 2.9 +16.0% 4 SF District 4 18 15 -16.7% 2 2 0.0% $1,150,000 $699,000 -39.2% 17 43 +152.9% 3.5 2.7 -22.9% 5 SF District 5 157 112 -28.7% 69 70 +1.4% $1,451,000 $1,500,000 +3.4% 26 19 -26.9% 2.7 2.1 -22.2% 6 SF District 6 121 94 -22.3% 63 34 -46.0% $1,450,000 $1,200,000 -17.2% 26 33 +26.9% 2.9 2.6 -10.3% 7 SF District 7 121 83 -31.4% 50 29 -42.0% $1,502,500 $1,780,000 +18.5% 36 36 0.0% 3.0 2.4 -20.0% 8 SF District 8 307 234 -23.8% 74 42 -43.2% $1,025,000 $1,060,000 +3.4% 41 49 +19.5% 5.5 4.1 -25.5% 9 SF District 9 658 525 -20.2% 168 94 -44.0% $1,100,000 $1,127,500 +2.5% 43 47 +9.3% 5.6 4.8 -14.3% 10 SF District 10 43 44 +2.3% 10 5 -50.0% $760,000 $675,000 -11.2% 38 27 -28.9% 5.5 6.2 +12.7% Key metrics by report month for the districts of San Fransisco. Current as of July 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 16 Active Listings Sold Listings Median Sales Price Days on Market Months Supply