The San Francisco real estate market is dancing with the market forces. The median price for a single family home in Spetember was $760,000 and the condo price is $675,000. Combined the median number stayed flat from the previous month.
The inventory of active listing at the first of the month increased by 10% over September 1 but is down 8% from the same month last year.
The absorbtion rate for single family stands at 3.4 months and condos are at 4.7 months. Sales in September were 3.75% higher than August and 16.3% higher than the same month in 2008.
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