SEPTEMBER 2013 MARKET UPDATE

09/22/2013

Housing demand remained strong in August throughout San Francisco's 10 districts. Despite rising mortgage rates, single family homes, condos, TICs and cooperatives throughout the City were snatched up in an average of 37 days. A drop in the number of new listings also helped sellers garner top dollar for their properties; 77.9 percent of single family homes sold over list price, while 66 percent of Condos/TICs/Coops sold over list price in August.

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    Anne Herrera
    Sotheby's International Realty
    117 Greenwich Street
    San Francisco, CA 94111

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