Local Market Updates
Median Sales Price of San Francisco vs Pine Lake Park
San Francisco’s housing market is much more expensive when compared to Pine Lake Park. Thus, the median sales price of San Francisco is generally higher than Pine Lake Park. Besides, the high median sales price of San Francisco is also due to some factors such as high demand of the houses, its limited space and the location being desirable.
The home prices of San Francisco was down by 6.7% in 2023 as compared to 2022 selling for a median price of $1.2M while Oceanview’s home price was down by 13.7% selling for a median price of $440K in 2023.
Days on Market of San Francisco vs Pine Lake Park
The average days on market in San Francisco can differ according to some factors such as the market conditions as well as the neighborhood that leads to shorter or higher selling periods as compared to Pine Lake Park.
Thus, on average San Francisco’s homes sell within 52 days as compared to Pine Lake Park’s houses that sell within 84 days on the market.
Percent of Original Price of San Francisco vs Pine Lake Park
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.