San Francisco Home Prices Up in September
Briefly

San Francisco Home Prices Up in September
"In September, home prices rose substantially from the month before, with a median listing price of $1,181,750. The number of listings on the market grew 19.2% from last month, which is a smaller increase than normal for this time of the year in San Francisco, and homes are also selling slower than at the same time last year. Home prices in San Francisco"
"Typically, home price per square foot in San Francisco tend to rise in September. And the most recent data shows that the price per square foot increased by 3.6% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in the Golden City are outpacing the national market."
"In September, there were 966 homes for sale in San Francisco, which was 19.2% more than the month before and 21.2% less than the same time last year. Homes in San Francisco take an average of 60 days to sell, according to September figures. This is 18 days less than the previous month and 28 days more than the same month last year."
Median listing price in San Francisco reached $1,181,750 in September. Listings on the market increased 19.2% from the previous month but remained 21.2% below last September, with 966 homes for sale. Price per square foot in San Francisco rose 3.6% month-over-month, while national price per square foot declined 0.8%. Nationwide active inventory rose 0.2% to 1,100,407. Homes in San Francisco averaged 60 days on market in September, 18 days faster than the prior month but 28 days slower than the same month last year. National average time on market was 62 days.
Read at SFGATE
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