San Francisco, CA, October 25, 2017 --(PR.com
)-- Hill & Co. Real Estate, San Francisco’s premier residential real estate brokerage, recently released its 3rd Quarter 2017 Real Estate Report. The median sales price for San Francisco single family homes in the third quarter was $1,370,800, and the median sales price for San Francisco condos and lofts in the third quarter was $1,161,600.
The local real estate market remains incredibly hot, and all indications are it will remain so in October and November.
The lead story in the Hill & Co. report offers an analysis of the housing crisis that exists in San Francisco, the Bay Area, and throughout California. It explains how low inventories and affordability barriers have become more commonplace in recent years, and the significant impact this has had on the real estate market both locally and across the state. There’s also an article that presents the top ten reasons to list a home during the holidays.
The report features a number of charts, including second quarter home sales by neighborhood. This chart has information on the number of sales in each neighborhood, along with median sale prices, percent of change year-over-year, days on market, median price per square foot and the most expensive sale in the quarter.
The entire report can be found at bit.ly/2xPbn2A.
Hill & Co.
Hill & Co. Real Estate has long represented buyers and sellers in the purchase and sale of many of the City’s finest properties. With three offices and nearly 100 full-time agents the brokerage enables clients to successfully navigate San Francisco’s complex real estate market. For more information, visit www.hill-co.com.