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March 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 April 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
+ 17.7% + 0.3% + 9.3%
One-Year Change in
Nationally, existing home sales recently dropped to a 6-month low, falling 7.2%
as buyers struggled to find a home amid rising prices and historic low inventory.
Pending sales are also down, declining 4.1% as of last measure, according to
the National Association of REALTORS®. Builders are working hard to ramp up
production—the U.S. Census Bureau reports housing starts are up 22.3%
compared to a year ago—but higher construction costs and increasing sales
prices continue to hamper new home sales, despite high demand for additional
supply.
New Listings were down 25.9 percent for single family homes and 31.5 percent
for Condo/TIC/Coop properties. Pending Sales decreased 2.1 percent for single
family homes and 10.1 percent for Condo/TIC/Coop properties.
The Median Sales Price was up 17.7 percent to $2,030,000 for single family
homes and 0.3 percent to $1,225,000 for Condo/TIC/Coop properties. Months
Supply of Inventory decreased 46.4 percent for single family units and 44.6
percent for Condo/TIC/Coop units.
Across the country, consumers are feeling the bite of inflation and surging
mortgage interest rates, which recently hit 4.6% in March, according to Freddie
Mac, rising 1.4 percent since January and the highest rate in more than 3 years.
Monthly payments have increased significantly compared to this time last year,
and as housing affordability declines, an increasing number of would-be
homebuyers are turning to the rental market, only to face similar challenges as
rental prices skyrocket and vacancy rates remain at near-record low.
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 3-2021 3-2022 Percent Change YTD 2021 YTD 2022 Percent Change
- 16.0%
764
540 - 9.1%
$1,875,000 + 13.6%
+ 10.2%
Pending Sales 290 284 - 2.1% - 5.8%
685 645
New Listings 347 257 - 25.9% 910
Sold Listings 270 252 - 6.7% 594
Median Sales Price $1,725,000 $2,030,000 + 17.7% $1,650,000
21 - 25.0%
$2,372,904
-- --
Days on Market 23 15 - 34.8% 28
Avg. Sales Price $2,214,726 $2,547,449 + 15.0% $2,153,581
Active Listings 636 379 - 40.4% --
% of Properties Sold Over List Price 74.1% 86.5% + 16.7% 68.0%
33
84.1% + 23.7%
+ 10.2%
25 - 24.2%
120.8%
% of List Price Received 112.2% 122.1% + 8.8% 109.6%
Current as of April 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 2
Months Supply 2.8 1.5 - 46.4% -- -- --
Affordability Ratio 32 23 - 28.1%
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
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 3-2021 3-2022 Percent Change YTD 2021 YTD 2022 Percent Change
- 16.9%
Pending Sales 474 426 - 10.1% 1,147 971 - 15.3%
New Listings 620 425 - 31.5% 1,656 1,376
Sold Listings 457 385 - 15.8% 1,005 821 - 18.3%
Median Sales Price $1,221,184 $1,225,000 + 0.3% $1,175,000 $1,200,000 + 2.1%
+ 5.3%
39 - 30.4%
$1,389,347
-- --
Days on Market 45 32 - 28.9% 56
Avg. Sales Price $1,369,434 $1,421,200 + 3.8% $1,320,023
Active Listings 1,585 1,125 - 29.0% --
% of Properties Sold Over List Price 42.9% 57.9% + 35.0% 35.1%
54
53.7% + 53.0%
+ 4.2%
45 - 16.7%
105.1%
% of List Price Received 102.4% 106.4% + 3.9% 100.9%
Current as of April 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 3
Months Supply 5.6 3.1 - 44.6% -- -- --
Affordability Ratio 52 44 - 15.4%
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
New Listings
New Listings
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2021 351 +99.4% 515 +123.9%
May-2021 314 +14.2% 527 +4.6%
Jun-2021 324 -9.7% 493 -14.9%
Jul-2021 302 -25.8% 427 -38.9%
Aug-2021 302 -14.7% 436 -33.1%
Sep-2021 374 +5.4% 587 -11.9%
Oct-2021 270 -27.4% 458 -12.3%
Nov-2021 162 -33.1% 272 +6.7%
Dec-2021 103 -29.9% 212 -14.5%
Jan-2022 250 -2.7% 485 -9.2%
Feb-2022 257 -16.0% 466 -7.2%
Mar-2022 257 -25.9% 425 -31.5%
12-Month Avg 272 -9.2% 442 -11.8%
Historical New Listings by Month
Current as of April 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.
174
255
347
620
257
425
Single Family Condo/TIC/Coop
March
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
705
1,043
910
1,656
764
1,376
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
- 31.5%
+ 143.1%
- 25.9%
+ 99.4% + 58.8%
- 16.0%
+ 29.1% - 16.9%
2020 2021 2022 2020 2021 2022 2020 2021 2022
- 35.3% - 3.0% - 1.8%
- 33.1%
Pending Sales
Pending Sales
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2021 286 +262.0% 479 +420.7%
May-2021 307 +89.5% 462 +225.4%
Jun-2021 275 +21.1% 388 +65.8%
Jul-2021 259 -6.2% 364 +50.4%
Aug-2021 226 -3.8% 316 -1.9%
Sep-2021 331 +17.8% 336 +9.8%
Oct-2021 274 -11.9% 404 +21.3%
Nov-2021 261 -15.0% 362 +20.7%
Dec-2021 129 -37.1% 226 -26.4%
Jan-2022 145 -14.7% 251 -14.0%
Feb-2022 216 -4.0% 294 -22.8%
Mar-2022 284 -2.1% 426 -10.1%
12-Month Avg 249 +8.1% 359 +25.8%
Historical Pending Sales by Month
Current as of April 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.
172 184
290
474
284
426
Single Family Condo/TIC/Coop
March
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
438
572
685
1,147
645
971
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
- 10.1%
+ 157.6%
- 2.1%
+ 68.6% - 5.8%
+ 56.4% +100.5% - 15.3%
2020 2021 2022 2020 2021 2022 2020 2021 2022
- 26.8% - 11.2% - 13.6%
- 40.1%
Sold Listings
Sold Listings
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2021 289 +140.8% 462 +294.9%
May-2021 266 +133.3% 444 +289.5%
Jun-2021 325 +79.6% 471 +166.1%
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% 424 +24.3%
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 252 -6.7% 385 -15.8%
12-Month Avg 250 +13.5% 360 +33.7%
Historical Sold Listings by Month
Current as of April 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.
179
236
270
457
252
385
Single Family Condo/TIC/Coop
March
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
419
565
594
1,005
540
821
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
- 15.8%
+ 93.6%
- 6.7%
+ 50.8% + 77.9%
- 9.1%
+ 41.8% - 18.3%
2020 2021 2022 2020 2021 2022 2020 2021 2022
- 6.3% - 1.9% + 2.0%
- 13.9%
Median Sales Price
Median Sales Price
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2021 $1,800,000 +12.1% $1,200,000 -5.9%
May-2021 $1,886,500 +18.8% $1,226,000 +12.7%
Jun-2021 $1,950,000 +12.7% $1,250,000 +2.0%
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 $1,888,888 +15.4% $1,265,000 +7.9%
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% $1,225,000 +0.3%
12-Month Avg* $1,850,000 +13.8% $1,225,000 +4.3%
Historical Median Sales Price by Month
* Median Sales Price for all properties from April 2021 through March 2022. This is not the
average of the individual figures above.
Current as of April 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.
$1,575,000
$1,250,000
$1,725,000
$1,221,184
$2,030,000
$1,225,000
Single Family Condo/TIC/Coop
March
$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
$1,550,000
$1,206,000
$1,650,000
$1,175,000
$1,875,000
$1,200,000
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
+ 0.3%
- 2.3%
+ 17.7%
+ 9.5% - 2.6%
+ 13.6%
+ 6.5% + 2.1%
2020 2021 2022 2020 2021 2022 2020 2021 2022
- 3.1% + 3.3% + 4.9%
+ 3.7%
Average Sales Price
Average Sales
Price
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2021 $2,430,795 +11.3% $1,347,315 -0.0%
May-2021 $2,479,992 +32.1% $1,376,307 +10.0%
Jun-2021 $2,504,876 +13.8% $1,388,929 -1.9%
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 $2,359,605 +15.9% $1,541,854 +21.3%
Dec-2021 $2,365,749 +17.5% $1,488,857 +16.2%
Jan-2022 $1,977,367 +1.6% $1,311,263 +8.3%
Feb-2022 $2,417,175 +7.1% $1,398,389 +4.0%
Mar-2022 $2,547,449 +15.0% $1,421,200 +3.8%
12-Month Avg* $2,354,338 +15.6% $1,407,688 +7.1%
Historical Average Sales Price by Month
* Avg. Sales Price for all properties from April 2021 through March 2022. This is not the average
of the individual figures above.
Current as of April 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.
$2,028,643
$1,366,443
$2,214,726
$1,369,434
$2,547,449
$1,421,200
Single Family Condo/TIC/Coop
March
$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
$2,016,656
$1,335,469
$2,153,581
$1,320,023
$2,372,904
$1,389,347
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
+ 3.8%
+ 0.2%
+ 15.0%
+ 9.2% - 1.2%
+ 10.2%
+ 6.8% + 5.3%
2020 2021 2022 2020 2021 2022 2020 2021 2022
+ 1.6% + 8.7% + 2.8%
+ 3.0%
Days on Market Until Sale
Days on Market
Until Sale
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2021 19 -5.0% 45 +40.6%
May-2021 18 -25.0% 36 -10.0%
Jun-2021 17 -34.6% 35 +2.9%
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%
12-Month Avg* 21 -25.4% 39 -19.0%
Historical Days on Market Until Sale by Month
* Days on Market for all properties from April 2021 through March 2022. This is not the average of
the individual figures above.
Current as of April 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.
21
27
23
45
15
32
Single Family Condo/TIC/Coop
March
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
26
37
28
56
21
39
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
- 28.9%
+ 66.7%
- 34.8%
+ 9.5% + 51.4%
- 25.0%
+ 7.7% - 30.4%
2020 2021 2022 2020 2021 2022 2020 2021 2022
- 19.2% - 13.3% - 11.9%
- 22.9%
Inventory of Active Listings
Inventory of Active
Listings
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2021 669 +10.0% 1,523 +42.2%
May-2021 639 -7.1% 1,500 +11.8%
Jun-2021 637 -18.6% 1,482 -5.4%
Jul-2021 643 -25.2% 1,453 -24.7%
Aug-2021 676 -26.8% 1,465 -30.5%
Sep-2021 671 -27.8% 1,609 -30.6%
Oct-2021 623 -32.8% 1,542 -34.5%
Nov-2021 491 -38.0% 1,338 -36.1%
Dec-2021 352 -39.8% 989 -34.3%
Jan-2022 433 -27.1% 1,159 -27.7%
Feb-2022 444 -29.3% 1,250 -21.6%
Mar-2022 379 -40.4% 1,125 -29.0%
12-Month Avg* 555 -25.7% 1,370 -22.0%
Historical Inventory of Active Listings by Month
* Active Listings for all properties from April 2021 through March 2022. This is not the average of
the individual figures above.
Current as of April 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.
551
997
636
1,585
379
1,125
Single Family Condo/TIC/Coop
March
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
- 29.0%
+ 59.0%
- 40.4%
+ 15.4%
2020 2021 2022
+ 5.4% + 18.5%
% 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
Apr-2021 76.1% +8.7% 45.0% -24.7%
May-2021 79.7% +26.1% 53.4% +26.8%
Jun-2021 82.5% +49.5% 54.4% +74.9%
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% 55.4% +68.9%
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 86.5% +16.7% 57.9% +35.0%
12-Month Avg 82.0% +26.3% 53.3% +46.6%
Historical % of Properties Sold Over List Price by Month
* % of Properties Sold Over List Price for all properties from April 2021 through March 2022. This
is not the average of the individual figures above.
Current as of April 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.
78.2%
60.2%
74.1%
42.9%
86.5%
57.9%
Single Family Condo/TIC/Coop
March
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
72.7%
53.8%
68.0%
35.1%
84.1%
53.7%
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
+ 35.0%
- 28.7%
+ 16.7%
- 5.2% - 34.8%
+ 23.7%
- 6.5% + 53.0%
2020 2021 2022 2020 2021 2022 2020 2021 2022
+ 7.4% + 2.8% + 6.1%
+ 11.5%
% of List Price Received
% of List Price
Received
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2021 113.8% +4.6% 103.7% -1.5%
May-2021 116.8% +10.4% 105.2% +4.8%
Jun-2021 116.3% +10.1% 105.3% +5.4%
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 122.1% +8.8% 106.4% +3.9%
12-Month Avg* 116.9% +8.8% 104.8% +4.0%
Historical % of List Price Received by Month
* % of List Price Received for all properties from April 2021 through March 2022. This is not the
average of the individual figures above.
Current as of April 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.
114.1%
104.1%
112.2%
102.4%
122.1%
106.4%
Single Family Condo/TIC/Coop
March
111.5%
103.5%
109.6%
100.9%
120.8%
105.1%
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
+ 3.9%
- 1.6%
+ 8.8%
- 1.7%
2020 2021 2022
+ 3.2% - 0.2%
2020 2021 2022
+ 4.2%
- 2.5%
+ 10.2%
- 1.7%
2020 2021 2022
+ 1.5% 0.0%
Housing Affordability Ratio
Housing
Affordability Ratio
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2021 31 -8.8% 55 +7.8%
May-2021 30 -14.3% 54 -8.5%
Jun-2021 28 -12.5% 52 -3.7%
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% 44 -15.4%
12-Month Avg* 30 -33.5% 53 -22.3%
Historical Housing Affordability Ratio by Month
* Affordability Ratio for all properties from April 2021 through March 2022. This is not the average
of the individual figures above.
Current as of April 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.
33
49
32
52
23
44
Single Family Condo/TIC/Coop
March
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
- 15.4%
+ 6.1%
- 28.1%
- 3.0%
2020 2021 2022
+ 6.5% + 2.1%
34
51
33
54
25
45
Single Family Condo/TIC/Coop
Year to Date
2020 2021 2022
- 16.7%
+ 5.9%
- 24.2%
- 2.9%
2020 2021 2022
+ 3.0% + 2.0%
Months Supply of Inventory
Months Supply of
Inventory
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2021 2.7 -18.2% 4.8 -2.0%
May-2021 2.5 -35.9% 4.4 -34.3%
Jun-2021 2.4 -45.5% 4.1 -47.4%
Jul-2021 2.4 -48.9% 4.0 -58.3%
Aug-2021 2.6 -46.9% 4.0 -60.0%
Sep-2021 2.5 -47.9% 4.4 -58.5%
Oct-2021 2.4 -48.9% 4.1 -61.7%
Nov-2021 1.9 -51.3% 3.5 -62.4%
Dec-2021 1.4 -50.0% 2.6 -58.7%
Jan-2022 1.7 -39.3% 3.1 -52.3%
Feb-2022 1.8 -35.7% 3.4 -44.3%
Mar-2022 1.5 -46.4% 3.1 -44.6%
12-Month Avg* 2.2 -43.7% 3.8 -51.6%
Historical Months Supply of Inventory by Month
* Months Supply for all properties from April 2021 through March 2022. This is not the average of
the individual figures above.
Current as of April 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.
2.8
4.2
2.8
5.6
1.5
3.1
Single Family Condo/TIC/Coop
March
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
- 44.6%
+ 33.3%
- 46.4%
0.0%
2020 2021 2022
+ 12.0% + 23.5%
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 3-2021 3-2022 Percent Change YTD 2021 YTD 2022 Percent Change
- 16.8%
Pending Sales 769 715 - 7.0% 1,852 1,631 - 11.9%
New Listings 980 689 - 29.7% 2,597 2,161
Sold Listings 731 642 - 12.2% 1,621 1,375 - 15.2%
Median Sales Price $1,382,000 $1,510,000 + 9.3% $1,340,000 $1,460,000 + 9.0%
+ 8.8%
32 - 30.4%
$1,778,021
-- --
Days on Market 37 26 - 29.7% 46
Avg. Sales Price $1,688,051 $1,869,430 + 10.7% $1,634,537
Active Listings 2,256 1,533 - 32.0% --
% of Properties Sold Over List Price 54.3% 69.0% + 27.1% 47.2%
40
65.6% + 39.0%
+ 6.8%
31 - 22.5%
111.2%
% of List Price Received 106.0% 112.5% + 6.1% 104.1%
Current as of April 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 15
Months Supply 4.3 2.5 - 41.9% -- -- --
Affordability Ratio 38 29 - 23.7%
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
3-2019 3-2020 3-2021 3-2022
Activity by District
SF District 1: Northwest (Sea Cliff, Lake, Jordan Park / Laurel Heights, Outer Richmond, Central Ric Nationally,
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)
3-2021 3-2022 + / – 3-2021 3-2022 + / – 3-2021 3-2022 + / – 3-2021 3-2022 + / – 3-2021 3-2022 + / –
Single Family
1 SF District 1 33 26 -21.2% 13 18 +38.5% $2,460,000 $2,240,000 -8.9% 21 24 +14.3% 1.7 1.2 -29.4%
2 SF District 2 68 49 -27.9% 47 44 -6.4% $1,615,000 $1,792,000 +11.0% 14 11 -21.4% 1.7 1.1 -35.3%
3 SF District 3 36 20 -44.4% 15 22 +46.7% $1,366,000 $1,520,750 +11.3% 19 18 -5.3% 2.4 1.2 -50.0%
4 SF District 4 63 38 -39.7% 36 33 -8.3% $1,812,522 $2,348,000 +29.5% 16 11 -31.3% 1.9 1.1 -42.1%
5 SF District 5 127 49 -61.4% 47 40 -14.9% $2,500,000 $2,760,000 +10.4% 19 9 -52.6% 3.6 1.3 -63.9%
6 SF District 6 18 12 -33.3% 8 5 -37.5% $3,462,500 $3,600,000 +4.0% 16 10 -37.5% 3.4 2.5 -26.5%
7 SF District 7 51 35 -31.4% 16 16 0.0% $3,922,500 $5,887,500 +50.1% 33 24 -27.3% 5.5 2.8 -49.1%
8 SF District 8 18 20 +11.1% 3 3 0.0% $2,450,000 $2,645,000 +8.0% 32 50 +56.3% 7.2 6.9 -4.2%
9 SF District 9 96 51 -46.9% 41 35 -14.6% $1,725,000 $1,750,000 +1.4% 39 17 -56.4% 3.4 1.9 -44.1%
10 SF District 10 126 79 -37.3% 44 36 -18.2% $1,150,000 $1,315,000 +14.3% 26 14 -46.2% 2.9 1.7 -41.4%
Condo/TIC/Coop
1 SF District 1 43 32 -25.6% 26 30 +15.4% $1,425,000 $1,275,000 -10.5% 20 20 0.0% 2.5 1.8 -28.0%
2 SF District 2 16 12 -25.0% 7 7 0.0% $1,230,000 $1,300,000 +5.7% 63 46 -27.0% 2.8 2.4 -14.3%
3 SF District 3 7 4 -42.9% 3 2 -33.3% $828,000 $695,000 -16.1% 43 44 +2.3% 2.1 1.0 -52.4%
4 SF District 4 14 15 +7.1% 10 6 -40.0% $643,500 $840,000 +30.5% 119 12 -89.9% 2.7 2.6 -3.7%
5 SF District 5 150 80 -46.7% 58 64 +10.3% $1,487,500 $1,505,500 +1.2% 30 20 -33.3% 3.1 1.5 -51.6%
6 SF District 6 121 94 -22.3% 53 40 -24.5% $1,298,000 $1,255,000 -3.3% 33 21 -36.4% 3.6 2.4 -33.3%
7 SF District 7 158 97 -38.6% 47 31 -34.0% $1,540,000 $1,860,000 +20.8% 41 13 -68.3% 4.9 2.5 -49.0%
8 SF District 8 297 235 -20.9% 66 65 -1.5% $1,152,500 $1,100,000 -4.6% 54 44 -18.5% 6.8 3.7 -45.6%
9 SF District 9 725 513 -29.2% 173 132 -23.7% $1,100,888 $1,137,500 +3.3% 50 44 -12.0% 7.9 4.2 -46.8%
10 SF District 10 54 43 -20.4% 14 8 -42.9% $745,000 $797,500 +7.0% 43 12 -72.1% 8.4 5.5 -34.5%
Key metrics by report month for the districts of San Fransisco.
Current as of April 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

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San Francisco Market Report March 2022

  • 1. March 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 April 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 + 17.7% + 0.3% + 9.3% One-Year Change in Nationally, existing home sales recently dropped to a 6-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also down, declining 4.1% as of last measure, according to the National Association of REALTORS®. Builders are working hard to ramp up production—the U.S. Census Bureau reports housing starts are up 22.3% compared to a year ago—but higher construction costs and increasing sales prices continue to hamper new home sales, despite high demand for additional supply. New Listings were down 25.9 percent for single family homes and 31.5 percent for Condo/TIC/Coop properties. Pending Sales decreased 2.1 percent for single family homes and 10.1 percent for Condo/TIC/Coop properties. The Median Sales Price was up 17.7 percent to $2,030,000 for single family homes and 0.3 percent to $1,225,000 for Condo/TIC/Coop properties. Months Supply of Inventory decreased 46.4 percent for single family units and 44.6 percent for Condo/TIC/Coop units. Across the country, consumers are feeling the bite of inflation and surging mortgage interest rates, which recently hit 4.6% in March, according to Freddie Mac, rising 1.4 percent since January and the highest rate in more than 3 years. Monthly payments have increased significantly compared to this time last year, and as housing affordability declines, an increasing number of would-be homebuyers are turning to the rental market, only to face similar challenges as rental prices skyrocket and vacancy rates remain at near-record low. 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 3-2021 3-2022 Percent Change YTD 2021 YTD 2022 Percent Change - 16.0% 764 540 - 9.1% $1,875,000 + 13.6% + 10.2% Pending Sales 290 284 - 2.1% - 5.8% 685 645 New Listings 347 257 - 25.9% 910 Sold Listings 270 252 - 6.7% 594 Median Sales Price $1,725,000 $2,030,000 + 17.7% $1,650,000 21 - 25.0% $2,372,904 -- -- Days on Market 23 15 - 34.8% 28 Avg. Sales Price $2,214,726 $2,547,449 + 15.0% $2,153,581 Active Listings 636 379 - 40.4% -- % of Properties Sold Over List Price 74.1% 86.5% + 16.7% 68.0% 33 84.1% + 23.7% + 10.2% 25 - 24.2% 120.8% % of List Price Received 112.2% 122.1% + 8.8% 109.6% Current as of April 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 2 Months Supply 2.8 1.5 - 46.4% -- -- -- Affordability Ratio 32 23 - 28.1% 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022
  • 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 3-2021 3-2022 Percent Change YTD 2021 YTD 2022 Percent Change - 16.9% Pending Sales 474 426 - 10.1% 1,147 971 - 15.3% New Listings 620 425 - 31.5% 1,656 1,376 Sold Listings 457 385 - 15.8% 1,005 821 - 18.3% Median Sales Price $1,221,184 $1,225,000 + 0.3% $1,175,000 $1,200,000 + 2.1% + 5.3% 39 - 30.4% $1,389,347 -- -- Days on Market 45 32 - 28.9% 56 Avg. Sales Price $1,369,434 $1,421,200 + 3.8% $1,320,023 Active Listings 1,585 1,125 - 29.0% -- % of Properties Sold Over List Price 42.9% 57.9% + 35.0% 35.1% 54 53.7% + 53.0% + 4.2% 45 - 16.7% 105.1% % of List Price Received 102.4% 106.4% + 3.9% 100.9% Current as of April 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 3 Months Supply 5.6 3.1 - 44.6% -- -- -- Affordability Ratio 52 44 - 15.4% 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022
  • 4. New Listings New Listings Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Apr-2021 351 +99.4% 515 +123.9% May-2021 314 +14.2% 527 +4.6% Jun-2021 324 -9.7% 493 -14.9% Jul-2021 302 -25.8% 427 -38.9% Aug-2021 302 -14.7% 436 -33.1% Sep-2021 374 +5.4% 587 -11.9% Oct-2021 270 -27.4% 458 -12.3% Nov-2021 162 -33.1% 272 +6.7% Dec-2021 103 -29.9% 212 -14.5% Jan-2022 250 -2.7% 485 -9.2% Feb-2022 257 -16.0% 466 -7.2% Mar-2022 257 -25.9% 425 -31.5% 12-Month Avg 272 -9.2% 442 -11.8% Historical New Listings by Month Current as of April 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. 174 255 347 620 257 425 Single Family Condo/TIC/Coop March 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 705 1,043 910 1,656 764 1,376 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 - 31.5% + 143.1% - 25.9% + 99.4% + 58.8% - 16.0% + 29.1% - 16.9% 2020 2021 2022 2020 2021 2022 2020 2021 2022 - 35.3% - 3.0% - 1.8% - 33.1%
  • 5. Pending Sales Pending Sales Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Apr-2021 286 +262.0% 479 +420.7% May-2021 307 +89.5% 462 +225.4% Jun-2021 275 +21.1% 388 +65.8% Jul-2021 259 -6.2% 364 +50.4% Aug-2021 226 -3.8% 316 -1.9% Sep-2021 331 +17.8% 336 +9.8% Oct-2021 274 -11.9% 404 +21.3% Nov-2021 261 -15.0% 362 +20.7% Dec-2021 129 -37.1% 226 -26.4% Jan-2022 145 -14.7% 251 -14.0% Feb-2022 216 -4.0% 294 -22.8% Mar-2022 284 -2.1% 426 -10.1% 12-Month Avg 249 +8.1% 359 +25.8% Historical Pending Sales by Month Current as of April 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. 172 184 290 474 284 426 Single Family Condo/TIC/Coop March 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 438 572 685 1,147 645 971 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 - 10.1% + 157.6% - 2.1% + 68.6% - 5.8% + 56.4% +100.5% - 15.3% 2020 2021 2022 2020 2021 2022 2020 2021 2022 - 26.8% - 11.2% - 13.6% - 40.1%
  • 6. Sold Listings Sold Listings Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Apr-2021 289 +140.8% 462 +294.9% May-2021 266 +133.3% 444 +289.5% Jun-2021 325 +79.6% 471 +166.1% 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% 424 +24.3% 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 252 -6.7% 385 -15.8% 12-Month Avg 250 +13.5% 360 +33.7% Historical Sold Listings by Month Current as of April 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. 179 236 270 457 252 385 Single Family Condo/TIC/Coop March 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 419 565 594 1,005 540 821 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 - 15.8% + 93.6% - 6.7% + 50.8% + 77.9% - 9.1% + 41.8% - 18.3% 2020 2021 2022 2020 2021 2022 2020 2021 2022 - 6.3% - 1.9% + 2.0% - 13.9%
  • 7. Median Sales Price Median Sales Price Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Apr-2021 $1,800,000 +12.1% $1,200,000 -5.9% May-2021 $1,886,500 +18.8% $1,226,000 +12.7% Jun-2021 $1,950,000 +12.7% $1,250,000 +2.0% 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 $1,888,888 +15.4% $1,265,000 +7.9% 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% $1,225,000 +0.3% 12-Month Avg* $1,850,000 +13.8% $1,225,000 +4.3% Historical Median Sales Price by Month * Median Sales Price for all properties from April 2021 through March 2022. This is not the average of the individual figures above. Current as of April 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. $1,575,000 $1,250,000 $1,725,000 $1,221,184 $2,030,000 $1,225,000 Single Family Condo/TIC/Coop March $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 $1,550,000 $1,206,000 $1,650,000 $1,175,000 $1,875,000 $1,200,000 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 + 0.3% - 2.3% + 17.7% + 9.5% - 2.6% + 13.6% + 6.5% + 2.1% 2020 2021 2022 2020 2021 2022 2020 2021 2022 - 3.1% + 3.3% + 4.9% + 3.7%
  • 8. Average Sales Price Average Sales Price Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Apr-2021 $2,430,795 +11.3% $1,347,315 -0.0% May-2021 $2,479,992 +32.1% $1,376,307 +10.0% Jun-2021 $2,504,876 +13.8% $1,388,929 -1.9% 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 $2,359,605 +15.9% $1,541,854 +21.3% Dec-2021 $2,365,749 +17.5% $1,488,857 +16.2% Jan-2022 $1,977,367 +1.6% $1,311,263 +8.3% Feb-2022 $2,417,175 +7.1% $1,398,389 +4.0% Mar-2022 $2,547,449 +15.0% $1,421,200 +3.8% 12-Month Avg* $2,354,338 +15.6% $1,407,688 +7.1% Historical Average Sales Price by Month * Avg. Sales Price for all properties from April 2021 through March 2022. This is not the average of the individual figures above. Current as of April 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. $2,028,643 $1,366,443 $2,214,726 $1,369,434 $2,547,449 $1,421,200 Single Family Condo/TIC/Coop March $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 $2,016,656 $1,335,469 $2,153,581 $1,320,023 $2,372,904 $1,389,347 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 + 3.8% + 0.2% + 15.0% + 9.2% - 1.2% + 10.2% + 6.8% + 5.3% 2020 2021 2022 2020 2021 2022 2020 2021 2022 + 1.6% + 8.7% + 2.8% + 3.0%
  • 9. Days on Market Until Sale Days on Market Until Sale Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Apr-2021 19 -5.0% 45 +40.6% May-2021 18 -25.0% 36 -10.0% Jun-2021 17 -34.6% 35 +2.9% 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% 12-Month Avg* 21 -25.4% 39 -19.0% Historical Days on Market Until Sale by Month * Days on Market for all properties from April 2021 through March 2022. This is not the average of the individual figures above. Current as of April 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. 21 27 23 45 15 32 Single Family Condo/TIC/Coop March 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 26 37 28 56 21 39 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 - 28.9% + 66.7% - 34.8% + 9.5% + 51.4% - 25.0% + 7.7% - 30.4% 2020 2021 2022 2020 2021 2022 2020 2021 2022 - 19.2% - 13.3% - 11.9% - 22.9%
  • 10. Inventory of Active Listings Inventory of Active Listings Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Apr-2021 669 +10.0% 1,523 +42.2% May-2021 639 -7.1% 1,500 +11.8% Jun-2021 637 -18.6% 1,482 -5.4% Jul-2021 643 -25.2% 1,453 -24.7% Aug-2021 676 -26.8% 1,465 -30.5% Sep-2021 671 -27.8% 1,609 -30.6% Oct-2021 623 -32.8% 1,542 -34.5% Nov-2021 491 -38.0% 1,338 -36.1% Dec-2021 352 -39.8% 989 -34.3% Jan-2022 433 -27.1% 1,159 -27.7% Feb-2022 444 -29.3% 1,250 -21.6% Mar-2022 379 -40.4% 1,125 -29.0% 12-Month Avg* 555 -25.7% 1,370 -22.0% Historical Inventory of Active Listings by Month * Active Listings for all properties from April 2021 through March 2022. This is not the average of the individual figures above. Current as of April 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. 551 997 636 1,585 379 1,125 Single Family Condo/TIC/Coop March 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 - 29.0% + 59.0% - 40.4% + 15.4% 2020 2021 2022 + 5.4% + 18.5%
  • 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 Apr-2021 76.1% +8.7% 45.0% -24.7% May-2021 79.7% +26.1% 53.4% +26.8% Jun-2021 82.5% +49.5% 54.4% +74.9% 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% 55.4% +68.9% 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 86.5% +16.7% 57.9% +35.0% 12-Month Avg 82.0% +26.3% 53.3% +46.6% Historical % of Properties Sold Over List Price by Month * % of Properties Sold Over List Price for all properties from April 2021 through March 2022. This is not the average of the individual figures above. Current as of April 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. 78.2% 60.2% 74.1% 42.9% 86.5% 57.9% Single Family Condo/TIC/Coop March 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 72.7% 53.8% 68.0% 35.1% 84.1% 53.7% Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 + 35.0% - 28.7% + 16.7% - 5.2% - 34.8% + 23.7% - 6.5% + 53.0% 2020 2021 2022 2020 2021 2022 2020 2021 2022 + 7.4% + 2.8% + 6.1% + 11.5%
  • 12. % of List Price Received % of List Price Received Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Apr-2021 113.8% +4.6% 103.7% -1.5% May-2021 116.8% +10.4% 105.2% +4.8% Jun-2021 116.3% +10.1% 105.3% +5.4% 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 122.1% +8.8% 106.4% +3.9% 12-Month Avg* 116.9% +8.8% 104.8% +4.0% Historical % of List Price Received by Month * % of List Price Received for all properties from April 2021 through March 2022. This is not the average of the individual figures above. Current as of April 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. 114.1% 104.1% 112.2% 102.4% 122.1% 106.4% Single Family Condo/TIC/Coop March 111.5% 103.5% 109.6% 100.9% 120.8% 105.1% 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 + 3.9% - 1.6% + 8.8% - 1.7% 2020 2021 2022 + 3.2% - 0.2% 2020 2021 2022 + 4.2% - 2.5% + 10.2% - 1.7% 2020 2021 2022 + 1.5% 0.0%
  • 13. Housing Affordability Ratio Housing Affordability Ratio Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Apr-2021 31 -8.8% 55 +7.8% May-2021 30 -14.3% 54 -8.5% Jun-2021 28 -12.5% 52 -3.7% 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% 44 -15.4% 12-Month Avg* 30 -33.5% 53 -22.3% Historical Housing Affordability Ratio by Month * Affordability Ratio for all properties from April 2021 through March 2022. This is not the average of the individual figures above. Current as of April 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. 33 49 32 52 23 44 Single Family Condo/TIC/Coop March 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 - 15.4% + 6.1% - 28.1% - 3.0% 2020 2021 2022 + 6.5% + 2.1% 34 51 33 54 25 45 Single Family Condo/TIC/Coop Year to Date 2020 2021 2022 - 16.7% + 5.9% - 24.2% - 2.9% 2020 2021 2022 + 3.0% + 2.0%
  • 14. Months Supply of Inventory Months Supply of Inventory Single Family Year-Over-Year Change Condo/TIC/ Coop Year-Over-Year Change Apr-2021 2.7 -18.2% 4.8 -2.0% May-2021 2.5 -35.9% 4.4 -34.3% Jun-2021 2.4 -45.5% 4.1 -47.4% Jul-2021 2.4 -48.9% 4.0 -58.3% Aug-2021 2.6 -46.9% 4.0 -60.0% Sep-2021 2.5 -47.9% 4.4 -58.5% Oct-2021 2.4 -48.9% 4.1 -61.7% Nov-2021 1.9 -51.3% 3.5 -62.4% Dec-2021 1.4 -50.0% 2.6 -58.7% Jan-2022 1.7 -39.3% 3.1 -52.3% Feb-2022 1.8 -35.7% 3.4 -44.3% Mar-2022 1.5 -46.4% 3.1 -44.6% 12-Month Avg* 2.2 -43.7% 3.8 -51.6% Historical Months Supply of Inventory by Month * Months Supply for all properties from April 2021 through March 2022. This is not the average of the individual figures above. Current as of April 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. 2.8 4.2 2.8 5.6 1.5 3.1 Single Family Condo/TIC/Coop March 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 - 44.6% + 33.3% - 46.4% 0.0% 2020 2021 2022 + 12.0% + 23.5%
  • 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 3-2021 3-2022 Percent Change YTD 2021 YTD 2022 Percent Change - 16.8% Pending Sales 769 715 - 7.0% 1,852 1,631 - 11.9% New Listings 980 689 - 29.7% 2,597 2,161 Sold Listings 731 642 - 12.2% 1,621 1,375 - 15.2% Median Sales Price $1,382,000 $1,510,000 + 9.3% $1,340,000 $1,460,000 + 9.0% + 8.8% 32 - 30.4% $1,778,021 -- -- Days on Market 37 26 - 29.7% 46 Avg. Sales Price $1,688,051 $1,869,430 + 10.7% $1,634,537 Active Listings 2,256 1,533 - 32.0% -- % of Properties Sold Over List Price 54.3% 69.0% + 27.1% 47.2% 40 65.6% + 39.0% + 6.8% 31 - 22.5% 111.2% % of List Price Received 106.0% 112.5% + 6.1% 104.1% Current as of April 11, 2022. All data from the San Francisco Association of REALTORS® MLS. Report © 2022 ShowingTime. | 15 Months Supply 4.3 2.5 - 41.9% -- -- -- Affordability Ratio 38 29 - 23.7% 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022 3-2019 3-2020 3-2021 3-2022
  • 16. Activity by District SF District 1: Northwest (Sea Cliff, Lake, Jordan Park / Laurel Heights, Outer Richmond, Central Ric Nationally, 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) 3-2021 3-2022 + / – 3-2021 3-2022 + / – 3-2021 3-2022 + / – 3-2021 3-2022 + / – 3-2021 3-2022 + / – Single Family 1 SF District 1 33 26 -21.2% 13 18 +38.5% $2,460,000 $2,240,000 -8.9% 21 24 +14.3% 1.7 1.2 -29.4% 2 SF District 2 68 49 -27.9% 47 44 -6.4% $1,615,000 $1,792,000 +11.0% 14 11 -21.4% 1.7 1.1 -35.3% 3 SF District 3 36 20 -44.4% 15 22 +46.7% $1,366,000 $1,520,750 +11.3% 19 18 -5.3% 2.4 1.2 -50.0% 4 SF District 4 63 38 -39.7% 36 33 -8.3% $1,812,522 $2,348,000 +29.5% 16 11 -31.3% 1.9 1.1 -42.1% 5 SF District 5 127 49 -61.4% 47 40 -14.9% $2,500,000 $2,760,000 +10.4% 19 9 -52.6% 3.6 1.3 -63.9% 6 SF District 6 18 12 -33.3% 8 5 -37.5% $3,462,500 $3,600,000 +4.0% 16 10 -37.5% 3.4 2.5 -26.5% 7 SF District 7 51 35 -31.4% 16 16 0.0% $3,922,500 $5,887,500 +50.1% 33 24 -27.3% 5.5 2.8 -49.1% 8 SF District 8 18 20 +11.1% 3 3 0.0% $2,450,000 $2,645,000 +8.0% 32 50 +56.3% 7.2 6.9 -4.2% 9 SF District 9 96 51 -46.9% 41 35 -14.6% $1,725,000 $1,750,000 +1.4% 39 17 -56.4% 3.4 1.9 -44.1% 10 SF District 10 126 79 -37.3% 44 36 -18.2% $1,150,000 $1,315,000 +14.3% 26 14 -46.2% 2.9 1.7 -41.4% Condo/TIC/Coop 1 SF District 1 43 32 -25.6% 26 30 +15.4% $1,425,000 $1,275,000 -10.5% 20 20 0.0% 2.5 1.8 -28.0% 2 SF District 2 16 12 -25.0% 7 7 0.0% $1,230,000 $1,300,000 +5.7% 63 46 -27.0% 2.8 2.4 -14.3% 3 SF District 3 7 4 -42.9% 3 2 -33.3% $828,000 $695,000 -16.1% 43 44 +2.3% 2.1 1.0 -52.4% 4 SF District 4 14 15 +7.1% 10 6 -40.0% $643,500 $840,000 +30.5% 119 12 -89.9% 2.7 2.6 -3.7% 5 SF District 5 150 80 -46.7% 58 64 +10.3% $1,487,500 $1,505,500 +1.2% 30 20 -33.3% 3.1 1.5 -51.6% 6 SF District 6 121 94 -22.3% 53 40 -24.5% $1,298,000 $1,255,000 -3.3% 33 21 -36.4% 3.6 2.4 -33.3% 7 SF District 7 158 97 -38.6% 47 31 -34.0% $1,540,000 $1,860,000 +20.8% 41 13 -68.3% 4.9 2.5 -49.0% 8 SF District 8 297 235 -20.9% 66 65 -1.5% $1,152,500 $1,100,000 -4.6% 54 44 -18.5% 6.8 3.7 -45.6% 9 SF District 9 725 513 -29.2% 173 132 -23.7% $1,100,888 $1,137,500 +3.3% 50 44 -12.0% 7.9 4.2 -46.8% 10 SF District 10 54 43 -20.4% 14 8 -42.9% $745,000 $797,500 +7.0% 43 12 -72.1% 8.4 5.5 -34.5% Key metrics by report month for the districts of San Fransisco. Current as of April 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