SFAR Market Focus, May 2014 summary

san francisco association of realtors
"The American Dream of homeownership is alive and well, but here in San 
Francisco, buyers must contend with an array of market factors, including
decreasing supply and increasing competition, to make that dream a reality."...

(SFAR, June 11th 2014)

Now, that being said...with a small flood of condo projects coming to fruition over the next several months, the median price for condos will most likely edge down a bit.  In particular, once The Shipyard (by Lennar homes) begins to take off, a more "affordable" housing product will be hitting the market in big chunks.  SFR's, however, will remain at high levels simple because there are no more being built.

Below is a link to the latest market focus put out by the SFAR...median price points and sales factors for the month of May, 2014. 

San Francisco Association of Realtors monthly indicators, May 2014

  David Ames 

  Top Producer 

 

  DavidAmes@zephyrsf.com

  (415) 271-2071

Comment balloon 0 commentsDavid Ames • June 11 2014 02:37PM

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