Real Estate Market Update — Recap of October 2017

Home prices set a new record in San Francisco last month, with the median sales price now just under $1.3 million.

Consistent with previous trends where home sales pick up in the Fall, approximately 530 homes were sold in October, compared to approximately 350 in September.

Homes are selling quickly, with the median at just 16 days on the market, telling buyers that it’s important to act quickly when you find a home you love, and to make sure you are prepared ahead of time — a good real estate agent can help you.

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