Local Market Updates
Median Sales Price of San Francisco vs Lone Mountain
Lone Mountain’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 competitive compared to previous year. The price of homes has risen up to 48.7% compared to previous year, selling for a median price of $2.0M.
Days on Market of San Francisco vs Lone Mountain
The average number of days Lone Mountain’s homes remain on the market is 38 as compared to the national average of 41 days. Based on redfin data, the homes in Lone Mountain only remained 28 days on the market in 2023 as compared to 51 days in 2022. The housing market is quite competitive in Lone Mountain.
Percent of Original Price of San Francisco vs Lone Mountain
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.