Local Market Updates
Median Sales Price of San Francisco vs Lake Street
Lake Street’s landscape is shaped by factors such as its limited space, demand for homes, and a strong economy. Thus, the median sales price of the city is very competitive compared to previous year. The price of homes is now 17.5% compared to previous year, selling for a median price of $1.7M.
Days on Market of San Francisco vs Lake Street
Lake Street’s homes sold on the market within 17 days as compared to previous year’s 18 days. Thus, the housing market is very competitive in Lake Street.
Percent of Original Price of San Francisco vs Lake Street
The “Percent of Original Price” is a metric calculated by dividing the final sale price of a property by its most recent listing price.
In general, factors such as high demand, limited housing supply, and the desirability of a neighborhood can influence whether properties sell below or above their most recent listing listing price.