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March Bernal Heights Real Estate Update; Homes for Sale; New Listings; Recently Sold; Market Activity

March 1, 2022

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

Market Action Index

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

This week the median list price for San Francisco, CA 94110 is $1,360,000 with the market action index hovering around 56. This is less than last month’s market action index of 59. Inventory has increased to 50.

The market has started cooling and prices have been flat for several weeks. Since 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.