Pacific Union August 2018 Real Estate Update
The median sales price rose year over year in August in every Northern California region in which Pacific Union operates, ranging from less than 1 percent in Marin County to more than 15 percent in Silicon Valley. Single-family home prices in Napa County reached a one-year high, climbing to $745,000.
Click on the image accompanying each of our regions below for an expanded look at local real estate activity in August.
San Francisco – Single-Family Homes
The median sales price for a single-family home in San Francisco ended August at $1,575,000, the lowest since January but still up by more than 14 percent year over year. Sellers received an average of 110.1 percent of original price, almost exactly the same as they did in August 2017.
Click the image above to see these and other San Francisco single-family home market statistics for August.
San Francisco – Condominiums
There were just more than 550 San Francisco condominiums for sale in August, an annual decline of about 18 percent. The median sales price was $1,275,000, up on both a monthly and yearly basis.
Click the image above to see these and other San Francisco condominium market statistics for August.
