Local Market Updates
Median Sales Price of San Francisco vs Outer Richmond
Outer Richmond’s landscape is shaped by factors such as its space limit, demand for homes, and economy. However, the median sales price of the city is not very competitive. The price of homes has come down to 2.2% compared to previous year, selling for a median price of $1.4M.
Days on Market of San Francisco vs Outer Richmond
Outer Richmond’s homes sold within 34 days after remaining on the market is 38 as previous year. Thus, the housing market is somewhat competitive in Outer Richmond.
Percent of Original Price of San Francisco vs Outer Richmond
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.