San Francisco Housing Market Update November 2009
The median single family home price as of November 1 2009 was up compared to the previous month in both Los Angeles and San Francisco. The median single family home price as of November 1 2009 in Los Angeles reached $423,856, while the median price in the San Francisco housing market reached $885,112. However, the median price in the San Francisco housing market was down compared to 7/1/2009 when it was above $925,000. Furthermore, the median price per square foot kept decreasing reaching $507 by November 1 2009.
The median price per square foot for homes in Los Angeles was $276 in November 1 and it has shown little fluctuation in the last two months according to the Altos Research data. Similar trends are registered for the 90-day average of days on the market, which in November 1 had a value of 119. The Market Action Index for Los Angeles indicates that it was a buyer's market as of November 1 2009. If you have an interesting comment in relation to this article please use the form below Related Posts to submit it. Please read submission guidelines before writing and submitting your comment.
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