March San Francisco Real Estate Market Update for February 2008
Here are the February numbers from the San Francisco Multiple Listing Service (SFARMLS) which we also published on our website for our March report.
What do these numbers all mean? February is typically another slow month for us. However, with nice weather coming after a very rainy beginning to the month, buyers seem to be out in mass. Notice that the average listing prices are very close to the average selling prices, which indicates that sellers are pricing their homes close to or slightly under the actual market value in order to attract more buyers. As a result, selling prices are very close to what people are asking for their homes. The lower days on the market indicates a healthy San Francisco Real Estate market.
- Mick Orton
Marketing Director
Read more of the March analysis of February San Francisco Real Estate Sales here.
- Mick Orton
Marketing Director
posted by SFResidence.com @ 8:32 AM
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