Outer Sunset Blog

Outer Sunset 2009 Year End Summary

Posted On: Monday, April 5, 2010 - 2:53pm | Posted by: Zephyr Real Estate
Topics: Market Statistics

59 single family homes sold in Outer Sunset in 2009; there were 7 Condo/TIC/Loft/Coop sales last year. We witnessed a shift in the single family home median sales price from $722,500 to $660,000, which translates to a 8.65% decrease over the prior year. Condos fared worse with a decrease of 39.3%. The time necessary to sell a property is also critical. For 2009, the average number of days on market was 54 for single family homes and 85 days