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SAN FRANCISCO MARKET UPDATE APRIL 2019 WRAP-UP:  SINGLE FAMILY RESIDENCES The San Francisco housing market is running strong as we enter peak season. While the median single family home price ticked down 2% for April 2019 on a year over year basis, the number of homes sold increased a whopping 15% to a total of 219. The median market time is running 2 days higher than last year but still very competitive at 15 days. Nearly three out of four homes sold over their list price, with purchasers paying an average of 12.6% over asking. There are currently 232 single family homes listed for sale in San Francisco, ranging in list price from $670K to $45MM. YEAR-OVER-YEAR COMPARISON: SINGLE FAMILY RESIDENCES MONTH-OVER-MONTH COMPARISON: SINGLE FAMILY RESIDENCES CHANGE IN PAST MONTH: SALE PRICE -2% DAYS ON MARKET +7% MEDIAN AREA VALUES: SINGLE FAMILY RESIDENCES (MOST RECENT QUARTER) * Small sample size (n<10); use caution when interpreting results. TOP FIVE SALES IN APRIL 2019:  SINGLE FAMILY RESIDENCES 2900 Vallejo, Pacific Heights $27,000,000 $2,783/SQ. FT. 6 bed/8.5 bath 9,702 SQ. FT. 3001 Pacific Ave, Pacific Heights $15,850,000 $1,162/SQ. FT. 8 bed/6.5 bath 13,643 SQ. FT. 2324 Pacific Ave, Pacific Heights $14,000,000 $1,236/SQ. FT. 8 bed/8.5 bath 11,328 SQ. FT. 2714 Pacific Ave, Pacific Heights $11,900,000 $2,414/SQ. FT. 4 bed/4.5 bath 4,930 SQ. FT. 10 Presidio Ter, Presidio Heights $9,900,000 $1,687/SQ. FT. 5 bed/4 bath 5,870 SQ. FT. APRIL 2019 WRAP-UP: CONDOMINIUMS/TIC/COOPs Condominium sale prices remain at parity with the same time as last year, but saw a 5% spike in sales. Over half of condominiums sold over their list price, with purchasers paying an average of 5.1% over asking. There are currently 379 condominiums/TIC/COOPs listed for sale (excluding BMRs and senior housing), ranging in price from $488K to $17.5MM. YEAR-OVER-YEAR COMPARISON: CONDOMINIUMS/TIC/COOPs MONTH-OVER-MONTH COMPARISON: CONDOMINIUMS/TIC/COOPs CHANGE IN PAST MONTH:   SALE PRICE +9% DAYS ON MARKET 0% MEDIAN AREA VALUES:  CONDOMINIUMS/TIC/COOPs (MOST RECENT QUARTER) * Small sample size (n<10); use caution when interpreting results. TOP FIVE SALES IN APRIL 2019: CONDOMINIUMS/TIC/COOPs 2200 Pacific Ave #11A, Pacific Heights $4,110,000 $1,484/SQ. FT. 3 bed/4 bath 2,770 SQ. FT. 2121 Webster St #TH4, Pacific Heights $3,890,000 $1,605/SQ. FT. 3 bed/3.5 bath 2,424 SQ. FT. 173 Beaver St, Corona Heights $3,820,000 $1,527/SQ. FT. 3 bed/3 bath 1,527 SQ. FT. 1000 3rd St #1501, Mission Bay $3,800,000 $1,923/SQ. FT. 3 bed/2.5 bath 1,976 SQ. FT.  425 1st St #6001, South Beach $3,600,000 $2,196/SQ. FT. 2 bed/2 bath 1,639 SQ. FT. YEAR-OVER-YEAR COMPARISONS MEDIAN SALE PRICE Single Family $1,615,000 -2.1% year-over-year Condominium/TIC $1,250,000 0% year-over-year MEDIAN MARKET TIME Single Family 15 days +2 day year-over-year Condominium/TIC 18 days +4 days year-over-year NUMBER OF SALES Single Family 219 +15.9% year-over-year Condominium/TIC 307 +5.1% year-over-year