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San Francisco Real Estate Report for April 2020

May 22, 2020  , , , , ,

San Francisco Real Estate Report for April 2020

What happened to the San Francisco real estate market in last month?  These statistics offer an overall picture of the fluctuations:

For single family homes:

Average sales price:  $2,350,530 (-$252,089 from March)

Average days on market:  22

Inventory:  194

Pending sales as of May 5:  192

Single Family homes sold:  99

All properties sold:  227 (-182 from March)

Sold over asking:  69

Not surprising that we would see some decrease in the sales last month.  The restrictions regarding in-person showings certainly influenced the lack of sales; however, with these restrictions lightening up this month, we should see some more activity in listings and possibly sales.

If you need help with a fast mortgage or just miss the criteria for a conventional mortgage, call Sun Pacific Mortgage at 707-523-2099.  We have an alternative to offer you which could make the difference between homeownership and life as a renter.

“The Guy In The White Hat – Your Hard Money Lender”. Broker and Co-Owner of Sun Pacific Mortgage & Real Estate, family owned and operated in Sonoma County California since 1988. (CA BRE License #01000559. NMLS #289456)