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Median Sales Price |
The median sales price represents the midpoint in the range of all
prices paid. It indicates that half the prices paid were higher than
this number, and half were lower. It is not the same measure as
“average” sales price. |
Single-Family Homes – Median Sales Price |
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Condominiums – Median Sales Price |
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Months’ Supply of Inventory |
The months’ supply of inventory is a measure of how quickly the current
supply of homes would be sold at the current sales rate, assuming no
more homes came on the market. In general, an MSI below 4 is considered a
seller’s market; between 4 and 6 is a balanced
market; and above 6 is a buyer’s market. |
Single-Family Homes – Months’ Supply of Inventory |
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Condominiums – Months’ Supply of Inventory |
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Average Days on the Market |
Average days on the market is a measure that indicates the pace of sales
activity. It tracks, on average, the number of days a listing is active
until it reaches “pending” status, meaning all contingencies have been
removed and both parties are just waiting
to close. |
Single-Family Homes – Average Days on the Market |
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Condominiums – Average Days on the Market |
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Percentage of Properties Under Contract |
Percentage of properties under contract is a forward-looking indicator
of sales activity. It tracks expected home sales before the paperwork is
completed and the sale actually closes. |
Single-Family Homes – Percentage of Properties Under Contract |
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Condominiums – Percentage of Properties Under Contract |
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Sales Price as a Percentage of Original Price |
Measuring the sales price as a percentage of the final list price, which
may include price reductions from the original list price, determines
the success of a seller in receiving the hoped-for sales amount. It also
indicates the level of sales activity in
a region. |
Single-Family Homes – Sales Price as a Percentage of Original Price |
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Condominiums – Sales Price as a Percentage of Original Price |
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Delving into San Francisco’s Districts |
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