Average sale price for a Single Family Home in San Francisco in May 2022 was $2,410,387
vs April of 2022 -$2,502,144. Average selling PRICE per SQFT $1,280.
Average Listing price in May was $2,148,931. Avg Days on Market 18.
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 |
May | $2,148,931 | $2,410,387 |
April | $2,128,845 | $2,502,144 |
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 |
Average Single Family Home in San Francisco in April; 2022
Bedroom | 3 |
Bathroom | 3 |
SqFt | 2,016 |
Lot SqFt | 2991 |
Year Built | 1933 |
Average DOM | 18 |
Average sale price for the Condo/Townhomes/Coop/TIC/Loft in San Francisco in May 2022 was $1,412,927 vs April of 2022 - $1,375,333. Average selling PRICE per SQFT $1,142.08 Avg Days on Market 34.
Average sale price for 2-4 Units in San Francisco in May 2022 was $2,423,633
vs April of 2022 - $2,388,998. Average selling PRICE per SQFT $792.
Avg Days on Market 37
Average sale price for 5+ units in San Francisco in May 2022 was $4,078,573 vs April of 2022 - $3,488,300. Average selling PRICE per SQFT $526. Avg Days on Market 69.
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Inventory of properties for sale in San Francisco as of June 13, 2022 = 1480 (1287 last month)
Single-Family Homes | 306 |
Condo | 849 |
Townhouse | 12 |
Tenancy in Common | 72 |
Stock Cooperative | 32 |
2-4 Unit | 156 |
5+ Units | 53 |
Total | 1480 |
All the properties Sold in San Francisco in May 2022 - 691 (674 last month)
Single-Family Homes | 282 |
Condo | 304 |
Townhouse | 3 |
Tenancy in Common | 31 |
Stock Cooperative | 7 |
2-4 Unit | 45 |
5+ Units | 19 |
Total | 691 |
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 289 Single Family Houses being sold in San Francisco in May 2022
28 SOLD BELOW asking price
9 SOLD for asking price
245 SOLD ABOVE asking price
76 SOLD for OVER $500,000,
7 SOLD for OVER $1,000,000
9 Single Family Houses sold under $1,000,000;
129 from $1,000,000 to $2,000,000;
89 from $2,000,000 to $3,000,000;
24 from $3,000,000 to $4,000,000;
16 from $4,000,000 to $5,000,000,
7 from $5,000,000 to $6,000,000,
1 from $6,000,000 to $7,000,000.
4 from $7,000,000 to $8,000,000.
2 from OVER $10,000,000.
How crazy is your Real Estate Market?
Here is one of the Single Family Houses being sold in May of 2022 in San Francisco for $1,505,000 over asking price...
One out of 282 Single Family sold one month ago...
One out of 245 Single Family Houses sold OVER asking Price in San Francisco in May.
So what is so special about that exact house @ 196 Castenada Ave, San Francisco, CA 94116
Property Overview - Majestic English Tudor home upon a gentle knoll & impressive corner lot! Amazing garden entrance w/brick walkway leads to grand archway & into spectacular lobby-like greeting hall w/leaded glass windows. Remarkable frml living rm w/double doors, hand-hewn open-beam ceiling, stately frpl, floor-to-ceiling bay window, exquisite library alcove & French doors that open to a wonderful walk-out patio. Magnificent frml dining rm w/tile floors, open-beam ceiling, frpl, stained-glass windows & striking chandelier. Superb gourmet kitchen w/work-island/BKF bar showcases stainless-steel appliances incl Thermador gas range, Sub-Zero refrigerator & Miele dishwasher, granite counters, sep prep sink, custom wood cabinets & pull-out pantry. Adj family rm features frpl, entertainment center, dry-bar & wine cabinet, sep laundry rm. 3BR +sitting rm/2BA up incl huge master suite w/fabulous views of hills & trees. Phenomenal park-like landscaped backyd w/patio, gas BBQ, sweeping lawn, arbor & walking path!
4 bed
3.5 bath
3,829 sqft
7,688 sqft Lot Size
1923 Built
Listed 4/21/2022
Sold 5/12/2022
List price - $3,695,000
Sold Price - $5,200,000
Difference- $1,505,000
June 2022 Peninsula/Silicon Valley Market Update
In Menlo Park, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was 10 days with the average sale price $4,009,035.00 (in April was $3,412,445.00). Price Received was 9% MORE than the asking price..
In Foster City, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was 11 days with the average sale price $2,529,181.00 (in April was $2,658,333.00). Price Received was 18% above the asking price..
In Belmont, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was only 10 days with the average sale price $2,925,721.00 (in April was $2,662,444.00). Price Received was 15% MORE than asking price.
In San Carlos, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was only 7 days with the average sale price $3,052,856.00 (in April was $3,425,569.00). Price Received was 13% above the asking price.
In San Mateo, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was only 11 days with the average sale price $2,302,186.00 (in April was $2,657,208.00). Price Received was 15% above the asking price.
In Burlingame, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was 9 days with the average sale price $3,289,444.00 (in April was $3,275,588.00). Price Received was 9% 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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