Median Price Up in District 5 of San Francisco!
Sometimes it’s nice to look at the numbers and see where we are. In district 5 (Noe, Haight, Glen Park, etc) last May (2010) there were 23 single family homes that sold with a median price of$1,525,000. Last year (2009) in May there were 26 sales, but the median price was $1,069,000; that’s a big jump! in 2007, by comparison, 36 single family homes sold with a median price of $1,457,000. this definitely doesn’t give the whole picture, but the numbers are showing the market is getting stronger. Good for sellers…not so good for buyers.