Mission Terrace 2009 Year End Summary

Posted On: Tuesday, May 4, 2010 - 1:48pm | Posted By: Zephyr Real Estate
Topics: Market Statistics | Neighborhood: Mission Terrace, San Francisco: Profile and Properties for Sale

37 single family homes sold in Mission Terrace in 2009; there were 24 Condo/TIC/Loft/Coop sales last year. We witnessed a shift in the single family home median sales price from $671,000 to $580,000, which translates to a 13.56% decrease over the prior year. Condos fared better with an increase of  5.12%. The time necessary to sell a property is also critical. For 2009, the average number of days on market was 66 for single family homes and 24 days for Condo/TIC/Loft/Coop sales. In 2008, it was taking an average of 53 days for single family homes and 96 for Condo/TIC/Loft/Coop properties, respectively.