Here are some of the stats that we talked about on Market Street Radio on January 10th, 2011. It was provided by Altos Research for the city of San Francisco.
To listen, click here
Home sales have been exceeding new inventory for several weeks.
However because of excess inventory, prices have not yet stopped
falling. Should the sales trend continue, expect prices to level off
soon and potentially to resume their climb from there. Watch prices
as the market transitions from a Buyer’s market to a Seller’s market.
Median List Price: $655,000(trending down)
Asking Price Per Square Foot: $448(sideways)
Average Days on Market: 122 Days(trending up)
Featured a live mix by K-Cee of BJP Entertainment
Music played on air: Two Door Cinema, Kaskade, Lenka
Hosted by Max and EJ of CALPMG.com
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