OCTOBER 2012 - PROPERTY INVENTORY REMAINS LOW

10/15/2012

As the San Francisco economy continues to draw from the proverbial “well” of the technology sector, the median price for a single-family home in the City remains on an upward trajectory, up by 14.2 percent compared to September of last year, at $746,000. Add to that a multitude of leisurely events occurring on any given weekend, it comes to no surprise that San Francisco was recently voted the “Best City” in the country by Bloomberg Businessweek. However, our typical increase of properties for sale post-Labor day has not materialized this year and is evident in the lack of available homes for sale.

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

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