South of Market Market

Report Dunja Green

Realtor®
4159904883
dunja.green@compass.com
October 2023
South of Market
Condo

CHANGE FROM SEP CHANGE FROM OCT

OCT 2023
2023 2022

Homes sold 7 17% 30%

Homes for sale 60 14% 22%

Median days on market 67 9.8% 24%

Median price per square foot $738 18% 7%

Months of inventory 8.6 27% 11%

Median sold price $755,000 5.5% 4.4%

Homes under contract 16 129% 60%

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/
Homes for sale
Number of homes listed for sale, end of month

100
79 77
68 67 70
63 64 64
60 58 60
50 51 48
50 43

0
Aug '22 Sep '22 Oct '22 Nov '22 Dec '22 Jan '23 Feb '23 Mar '23 Apr '23 May '23 Jun '23 Jul '23 Aug '23 Sep '23 Oct '23

New listings
Number of homes newly listed for sale, during the month

40
35

29 29 28
25 24
22
19 19
20 17
14 15
13 13
10

0
Aug '22 Sep '22 Oct '22 Nov '22 Dec '22 Jan '23 Feb '23 Mar '23 Apr '23 May '23 Jun '23 Jul '23 Aug '23 Sep '23 Oct '23

Homes under contract

Number of homes that went into contract

20
17
16
15 15

12
10 10 10 10
10 9
8 8 8
7
5

0
Aug '22 Sep '22 Oct '22 Nov '22 Dec '22 Jan '23 Feb '23 Mar '23 Apr '23 May '23 Jun '23 Jul '23 Aug '23 Sep '23 Oct '23

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/
Homes sold
Number of homes sold

20 18

13 13

10 10
10 9 9
8
7 7
6 6 6 6
5

0
Aug '22 Sep '22 Oct '22 Nov '22 Dec '22 Jan '23 Feb '23 Mar '23 Apr '23 May '23 Jun '23 Jul '23 Aug '23 Sep '23 Oct '23

Months of inventory
Months of inventory based on sold listings

15
12
11 11
9.7 10
10 8.6
7.9 7.7 8
7.2 7.4
5.6
4.6 4.5
5
2.7

0
Aug '22 Sep '22 Oct '22 Nov '22 Dec '22 Jan '23 Feb '23 Mar '23 Apr '23 May '23 Jun '23 Jul '23 Aug '23 Sep '23 Oct '23

Sold/List Price %
Sold price/original list price %

150

99 99 99 102 97 101 97
93 93 96 96 95
100 90 92 87

50

0
Aug '22 Sep '22 Oct '22 Nov '22 Dec '22 Jan '23 Feb '23 Mar '23 Apr '23 May '23 Jun '23 Jul '23 Aug '23 Sep '23 Oct '23

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/
Median sold price
Median price of sold homes (in 1000s)

1000 950
900
780 790 799 769 770 799
755
675 675 707
640
599
535
500

0
Aug '22 Sep '22 Oct '22 Nov '22 Dec '22 Jan '23 Feb '23 Mar '23 Apr '23 May '23 Jun '23 Jul '23 Aug '23 Sep '23 Oct '23

Median price per square foot

Median price per square foot of sold homes

1500

1,133

1000 905 855 898

818 832 785 782 815
735 745 758 738
690
630

500

0
Aug '22 Sep '22 Oct '22 Nov '22 Dec '22 Jan '23 Feb '23 Mar '23 Apr '23 May '23 Jun '23 Jul '23 Aug '23 Sep '23 Oct '23

Median days on market

Median days on market of sold listings

100
88
82 84
78
73
69 67
63 60 61
56
47
50
38
34
24

0
Aug '22 Sep '22 Oct '22 Nov '22 Dec '22 Jan '23 Feb '23 Mar '23 Apr '23 May '23 Jun '23 Jul '23 Aug '23 Sep '23 Oct '23
Compass is a real estate broker licensed by the State of California, and makes no representations or warranties, express or implied, with respect to
current or future market conditions, or prices of residential properties at the time of this report or in the future. All information herein is intended for
informational purposes only and no warranty, express or implied, is made or should be assumed regarding the accuracy, adequacy, completeness,
legality, reliability, merchantability or fitness for a particular purpose of any information, in whole or in part, contained herein. Compass shall not be
deemed to be providing legal, accounting or other professional services. This is not intended to solicit the purchase or sale of any property. Equal
Housing Opportunity. Report published based on the following data sources: lake_tahoe_remetrolist, sf_mlslistings, sf_ebrd, sf_resfar. The report
includes data from the Northern California region, and the following counties: San Francisco County, with the following property types: Condo; over
the last 15 months preceding November 13th, 2023.

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/