Median market time remains low, both for condominiums and single family homes, and median prices for single family homes have hit a new high.
The San Francisco market continued its steady pace through the first quarter of the year. Single family home values performed consistently, as compared to the first quarter of last year, while the number of transactions increased by 4%. Condominium values posted a healthy gain of 5% in the first quarter, compared to the same period last year. Overall, San Francisco real estate remains strong going into the spring selling season.