What’s an AVID?

An AVID (Agent Visual Inspection Disclosure) is a report prepared by a real estate agent, documenting their observations from a visual inspection of a property.  This can be helpful for homebuyers to review before making the seller a purchase offer because it provides them with more information about the property before deciding on a price and terms. Continue reading “What’s an AVID?”

SF Real Estate Market Update – January 2019

Single Family Homes

Number of Homes Sold:  96 (+1.1% YOY)… more homes sold
Median Sales Price:  $1,376,500 (+3.5% YOY)… higher prices
Average Days on Market:  41 (+24.2% YOY)… homes took longer to sell

… In other words: more homes sold at higher prices, but homes took longer to sell, compared to a year prior.

Condominiums
Number of Homes Sold:  92 (-27% YOY)
Median Sales Price:  $989,818 (-5.7% YOY)
Average Days on Market: 54 (+8% YOY)

… In other words:  fewer condos sold, at lower prices, and took longer to sell, compared to a year prior.

 

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