inception-app-prod/ODc5ZWEzZTktODM4ZC00MGFlLWI0YzgtNTFlNjhiMjQ1MWI0/content/2022/01/817ebf9b4f750c8693a439881ca7e29c7b989d79.png
  • Search listings
  • Our listings
  • About us
  • Contact
inception-app-prod/ODc5ZWEzZTktODM4ZC00MGFlLWI0YzgtNTFlNjhiMjQ1MWI0/content/2022/01/8457b4f21df9db422bc91b7d6391e1c318f79446.jpg
(415) 385-8949
valkrysov@realtyfinancial.com
BRE Lic 01848436
Sign In
Sign Up
inception-app-prod/ODc5ZWEzZTktODM4ZC00MGFlLWI0YzgtNTFlNjhiMjQ1MWI0/content/2022/01/817ebf9b4f750c8693a439881ca7e29c7b989d79.png
  • Search listings
  • Our listings
  • About us
  • Contact
inception-app-prod/ODc5ZWEzZTktODM4ZC00MGFlLWI0YzgtNTFlNjhiMjQ1MWI0/content/2022/01/817ebf9b4f750c8693a439881ca7e29c7b989d79.png
inception-app-prod/ODc5ZWEzZTktODM4ZC00MGFlLWI0YzgtNTFlNjhiMjQ1MWI0/content/2022/06/5e4490211fc32344f9d23365cb0397c5bbc8043a.png

State of the Market - San Francisco & Peninsula June 2022

inception-app-prod/ODc5ZWEzZTktODM4ZC00MGFlLWI0YzgtNTFlNjhiMjQ1MWI0/content/2022/01/8457b4f21df9db422bc91b7d6391e1c318f79446.jpg
Val Krysov,06/13/2022

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.

.

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


#SFCityRealtor #SanFrancisco #RealEstate #Peninsula #BayArea #SiliconValley #Realtor


Print Details
Previous post
State of the Market - San Francisco & Peninsula May 2022

Address

Realty FinancialBRE Lic 01848436
(415) 385-8949
valkrysov@realtyfinancial.com

About

  • Testimonials
  • About us

Areas

  • San Francisco
  • San Jose
  • Menlo Park

Consumer Protection & Privacy

  • DMCA Compliance
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information.
inception-app-prod/ODc5ZWEzZTktODM4ZC00MGFlLWI0YzgtNTFlNjhiMjQ1MWI0/content/2020/07/3933593820593718661792085388596n-3.jpg

© 2022 All rights reserved

Created with Placester

Sign in

Sign In
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Sign Up
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Change password
Sign Up
Your password has been successfully reset.
Go to the homepage
Sorry something went wrong
Please try again.
Try again
Send
Succes! Your message was sent!
Great! Someone will be in touch with you shortly!
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Already a User? Sign In

Account verification in progress

Account Verified!
You may now log in into your account
Go to the homepage
Verify your email address
In order to log in to your account, you need to confirm your email address. Please check your inbox!
Go to the homepage

Share this listing

Copy Link