Average sale price for a Single Family Home in San Francisco in March 2022 was $2,470,928 vs February of 2022 - $2,328,834. Average selling PRICE per SQFT $1,241. Average Listing price in March was $2,113,136. Avg Days on Market 15.
Average Sale Price for Single Family Houses in San Francisco for 2022 by ZIP code
Average Sale Price for Single Family Houses in San Francisco from 2005 to 2022
Average Sale Price for Single Family Home in San Francisco:
Month | Average SFR List Price | Average SFR Sale Price |
March | $2,113,136 | $2,470,928 |
February | $1,976,337 | $2,328,834 |
January | $1,740,139 | $1,981,124 |
December | $2,253,851 | $2,373,643 |
November | $2,088,629 | $2,319,987 |
October | $2,093,971 | $2,358,448 |
September | $1,863,114 | $2,118,465 |
August | $1,890,986 | $2,131,989 |
July | $2,026,447 | $2,302,230 |
Average Single Family Home in San Francisco in March 2022
Bedroom | 3 |
Bathroom | 2 |
SqFt | 1,990 |
Lot SqFt | 2,890 |
Year Built | 1933 |
Average DOM | 15 |
Average sale price for the Condo/Townhomes/Coop/TIC/Loft in San Francisco in March 2022 was $1,413,588 vs February of 2022 - $1,374,308. Average selling PRICE per SQFT $1,159.82. Avg Days on Market 33.
Average sale price for 2-4 Units in San Francisco in March 2022 was $2,220,104 vs February of 2022 -$2,197,326. Average selling PRICE per SQFT $816. Avg Days on Market 48
Average sale price for 5+ units in San Francisco in March 2022 was $3,559,101 vs February of 2022 - $4,388,048. Average selling PRICE per SQFT $497.03. Avg Days on Market 93.
Inventory of properties for sale in San Francisco as of April 10, 2022 = 1179 (1072 last month)
Single-Family Homes | 218 |
Condo | 661 |
Townhouse | 10 |
Tenancy in Common | 84 |
Stock Cooperative | 22 |
2-4 Unit | 126 |
5+ Units | 58 |
Total | 1179 |
All the properties Sold in San Francisco in March 2022 - 685 (426 last month)
Single-Family Homes | 243 |
Condo | 328 |
Townhouse | 5 |
Tenancy in Common | 37 |
Stock Cooperative | 5 |
2-4 Unit | 56 |
5+ Units | 11 |
Total | 685 |
There is currently about two (2) months worth of inventory, meaning if there was not another home listed, it would take just 2 months for all the current homes on the market to sell. Once we reach 6 months of inventory, the market will turn to a Buyer market.
From 243 Single Family Houses being sold in San Francisco in March 2022
21 SOLD BELOW asking price
8 SOLD for asking price
214 SOLD ABOVE asking price
84 SOLD for OVER $500,000,
9 SOLD for OVER $1,000,000
10 Single Family Houses sold under $1,000,000;
109 from $1,000,000 to $2,000,000;
74 from $2,000,000 to $3,000,000;
20 from $3,000,000 to $4,000,000;
8 from $4,000,000 to $5,000,000,
4 from $5,000,000 to $6,000,000,
3 from $6,000,000 to $7,000,000.
3 from $7,000,000 to $8,000,000.
1 from $8,000,000 to $9,000,000.
2 from OVER $10,000,000.
How crazy is your Real Estate Market?
Here is one of the Single Family Houses being sold in March of 2022 in San Francisco for $1,405,000 over asking price...
One out of 243 Single Family sold one month ago...
One out of 214 Single Family Houses sold OVER asking Price in San Francisco in March.
So what is so special about that exact house @ 34 Yerba Buena Ave, San Francisco, CA 94127
Property Overview - Incredible Craftsman Pacific Ocean view home beautifully situated on oversized lot, close to West Portal Village! Wonderful garden entrance & walkway lead to arched portico w/notable original front door & into spacious foyer w/classic open-banister staircase. Magnificent formal living rm w/impressive walk-out terrace, fireplace, coved ceiling & hardwood floors. Stately formal dining rm w/striking light fixture & French doors. Tastefully remodeled gourmet kitchen showcases all stainless-steel appliances incl Bosch gas stovetop & Sub-Zero refrigerator, Carrara quartz counters & custom two-tone cabinets. Light-filled family rm opens to expansive walk-out terrace w/gorgeous Pacific Ocean views. Spectacular master suite features a huge en-suite bath & an amazing walk-out balcony w/sweeping views to the ocean, hills & trees. Guest rm/home office, hobby/wine rm, laundry rm, storage rm. Extraordinary landscaped backyard w/sweeping lawn, mature plants & trees, stepping stone walkway & patio!
3 bed
4 bath
2791 sqft
6214 sqft Lot Size
Listed 2/16/2022
Sold 3/3/2022
List price - $2,795,000
Sold Price - $4,200,000
Difference- $1,405,000
April 2022 Peninsula/Silicon Valley Market Update
In Menlo Park, CA - AVERAGE DAYS ON MARKET for Single Family Houses in March was 11 days with the average sale price $3,887,255.00 (in February was $3,230,882.00). Price Received was 12% MORE than the asking price..
In Foster City, CA - AVERAGE DAYS ON MARKET for Single Family Houses in March was 7 days with the average sale price $2,374,000.00 (in February was $2,941,000.00). Price Received was 17% above the asking price..
In Belmont, CA - AVERAGE DAYS ON MARKET for Single Family Houses in March was only 8 days with the average sale price $2,728,571.00 (in February was $2,639,774.00). Price Received was 25% MORE than asking price.
In San Carlos, CA - AVERAGE DAYS ON MARKET for Single Family Houses in March was only 6 days with the average sale price $3,018,906.00 (in February was $2,714,153.00). Price Received was 13% above the asking price.
In San Mateo, CA - AVERAGE DAYS ON MARKET for Single Family Houses in March was only 7 days with the average sale price $2,374,637.00 (in February was $2,393,461.00). Price Received was 19% above the asking price.
In Burlingame, CA - AVERAGE DAYS ON MARKET for Single Family Houses in March was 8 days with the average sale price $3,113,823.00 (in February was $2,600,000.00). Price Received was 16% above the asking price.
If you were thinking of selling your home in the near future, now is the time to do so to get the top dollar for your home before the market has a chance to turn.
Reminder: As you know that I am in real estate sales and my passion is to bring buyers/sellers together.
Who have you talked to in past couple days that might be thinking about buying/selling in San Francisco and/or in Silicon Valley or anywhere in the US/Canada (I am blessed to be a part of a huge network that I meet/talk-to on regular basis which is the backbone of my business that my clients benefit from).
Val Krysov
Real Estate Broker
CalBRE Lic 01847176
📞 415-385-8949
✉️ ValKrysov@RealtyFinancial.com
🖥 RealtyFinancial.com
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