Posted On: Tuesday, April 27, 2010 - 12:04pm | Posted by: Zephyr Real Estate
Topics: Market Statistics
5 single family homes sold in Western Addition in 2009; there were 25 Condo/TIC/Loft/Coop sales last year. We witnessed a shift in the single family home median sales price from $500,000 to $746,000, which translates to a 49.2% increase over the prior year. Condos fared worse with a decrease of 2.86%. 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