Bayview Heights 2009 Year End Summary

Posted On: Tuesday, May 4, 2010 - 1:53pm | Posted By: Zephyr Real Estate
Topics: Market Statistics | Neighborhood: Bayview Heights, San Francisco: Profile and Properties for Sale

27 single family homes sold in Bayview Heights in 2009; there were 27 Condo/TIC/Loft/Coop sales last year. We witnessed a shift in the single family home median sales price from $450,500 to $438,000, which translates to a 2.77% decrease over the prior year. Condos fared worse with a decrease of  6.81%. The time necessary to sell a property is also critical. For 2009, the average number of days on market was 55 for single family homes and 83 days for Condo/TIC/Loft/Coop sales. In 2008, it was taking an average of 57 days for single family homes and 46 for Condo/TIC/Loft/Coop properties, respectively.