June Bayview District Real Estate Update; Homes for Sale; New Listings; Recently Sold; Market Activity

June 7, 2022

Here is this month’s report on the real estate market in District 10, San Francisco, CA. Looking to sell or buy a home in the Bayview? Here are the most current stats to help you make informed decisions.

MARKET ACTION INDEX

This week the median list price for San Francisco, CA 94124 is $1,144,444 with the market action index hovering around 62. This is less than last month’s market action index of 70. Inventory has increased to 16. Click here to stay informed with the San Francisco market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.