Seller’s Market For Condo Sales in the Mission District

Seven condominiums sold in the Inner Mission neighborhood of San Francisco during October. Prices moved up for the 4th consecutive month. The average sale price last month was an impressive $884,857 compared to the average in September of $795,286, the average in August of $786,615, and the average in July of $650,475.

With the limited pool of condos offered for sale, seller’s clearly had the upper hand. All of the condos that traded hands during October sold at or above their respective list price. These homes were on the market for an average of 33 days before attracting a buyer and going under contract. All were conventional sales, meaning no short sales or bank-owned foreclosures.

For more information on these transactions or to get the latest on condos for sale in the Mission District, feel free to call our office at (415) 829-2996.

Address Type List Price Sale Price Date Sold Days on Market
2964 25th St #301 2BR/2BA $629,900 $650,000 10/1/12 36
1350 San Bruno Ave 2BR/1BA $649,000 $723,000 10/4/12 53
2208 Mission St 4BR/2BA $799,000 $841,000 10/16/12 33
251 Bartlett St 2BR/2.5BA $849,000 $860,000 10/15/12 30
2857 22nd St 2BR/2BA $899,000 $955,000 10/4/12 16
2855 22nd St 2BR/2BA $899,000 $990,000 10/12/12 20
1471 Van Ness Ave 4BR/4BA $1,175,000 $1,175,000 10/26/12 40
Average $842,843 $884,857 33

 

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