It’s summer. Seriously! I know it’s overcast and cloudy, but it’s June, and that means the summer real estate buying season is at hand.

And with that in mind, I thought you might enjoy seeing what the real estate market is up to in the Richmond District and Sunset District.  I do this on my other blog, but thought you might appreciate having some local real estate sales info posted for your statistical pleasure. 

So here’s this month’s summary of home sales pulled directly from the MLS. They are broken up between District 1 (mostly Richmond District Homes) and District 2 (mostly Sunset and Parkside District Homes), but these numbers do include the surrounding areas such as Golden Gate Heights for the Sunset or Lone Mountain, etc. for the Richmond.  Also, one thing to note is that, these are all closed sales and not pending sales.

Check back monthly to get the latest facts and figures - and if you have any questions about these statistics, about how homes sales are fairing in your specific neighborhood nook, or the San Francisco real estate market in general, feel free to give me a holler! I’m always happy to talk “real estate!”

Here’s a quick snapshot of the market from May 1, 2008 through May 31, 2008:

DISTRICT 1 HOME SALES (Inner Richmond, Central Richmond, Outer Richmond, Lake, Lone Mountain, Jordan Park/Laurel Heights, Sea Cliff)

Single Family Homes

• 25 Homes Sold
• Median Sale Price was $1,400,000
• Minimum Sale Price was $650,000
• Maximum Sale Price was $14,500,000
• Median Selling Price was 120% of asking price
• Median Days on Market was 15
• Median Selling Price for homes that sold within 30 days was 104.5% of asking price

Condominiums, Lofts & Co-ops, TIC’s

• 17 Homes Sold
• Median Sale Price was $860,000
• Minimum Sale Price was $575,000
• Maximum Sale Price was $1,608,000
• Median Selling Price was 96% of asking price
• Median Days on Market was 49
• Median Selling Price for homes that sold within 30 days was 106% of asking price

DISTRICT 2 HOME SALES (Inner Sunset, Central Sunset, Outer Sunset, Inner Parkside, Central Parkside, Outer Parkside, Golden Gate Heights)

Single Family Homes

• 48 Homes Sold
• Median Sale Price was $838,000
• Minimum Sale Price was $550,000
• Maximum Sale Price was $1,900,000
• Median Selling Price was 103.5% of asking price
• Median Days on Market was 24
• Median Selling Price for homes that sold within 30 days was 102.5% of asking price

Condominiums, Lofts & Co-ops, TIC’s

• 5 Homes Sold
• Median Sale Price was $702,000
• Minimum Sale Price was $505,000
• Maximum Sale Price was $949,000
• Median Selling Price was 96% of asking price
• Median Days on Market was 50
• Median Selling Price for homes that sold within 30 days was 101% of asking price