
SF Condo Market Report: April 2023
Values trended up in April despite the ongoing buyer-seller condo stalemate.
sf condo market
Values trended up in April despite the ongoing buyer-seller condo stalemate.
Condo median price and volume leapfrogged over the previous two months of 2023—good news for San Francisco’s condo market.
Price and volume saw a boost in February as we moved out of the holiday doldrums.
The condo market showed signs of life in January, with a higher year-over-year median price and new buyers getting into the mix.
The holiday season wasn’t kind to the condo market as volume and price both took dives in December.
With plenty of inventory and comparatively minimal closed sales, October wasn’t exactly a model month for the San Francisco condo market.
September saw a 20% increase in the average condo price compared to August—with luxury condo volume doubling, too.
Median price and overbidding percentages were lackluster in August, and volume returned to its more normal pre-pandemic levels.