City of San Francisco, CA May 2006 MLS Update

Here are recent real estate statistics for City/County of San Francisco, CA. These numbers represent single family (SFR) homes and condos. Percentage of homes on the market where the price has been reduced: 19.9% **

Average	April 2006	May 2006	% Change
Asking Price	$907,914	$981,826	8%
Sales Price	$911,749	$1,024,803	11%
% of Asking Price	100%	104%	4%
$/SQFT	$618	$683	10%
Days on Market	553	457	-7%
Total Transactions	1,394	1,198	-16%

** As of 6/6/2006: All numbers are from the MLS and are deemed reliable but not guaranteed. 1,485 properties on the market with 296 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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