Weekend Events and the Weekly Real Estate Update

Looks like it’s shaping up to be a beautiful weekend, perfect weather for the 41st Annual Union Street Music Festival from 10 AM to 6 PM on both Saturday and Sunday in Cow Hollow. Want more? Saturday night the 3rd Annual San Francisco Beer & Music Festival takes place from 7 PM to 10 PM at SoMa StrEat Food Park.

On the “Homes for Sale in San Francisco” front, here’s our report for this week, 5/28/17 – 6/3/17

San Francisco Chronicle columnist Kathleen Pender recently wrote a piece about Bay Area homes sales, citing information released by CoreLogic. In her story she says the median price paid for a Bay Area home in April surged to a record $750,000, as the inventory of homes for sale continued to fall far short of demand.

In San Francisco the median price for the same period was $1,247,500.

It’s interesting to note that the median home price rose in every Bay Area county in April except San Francisco, where it fell 4 percent year-over-year. The drop was largely due to a drop in condo prices according to the report. Even so, the City’s median home price had a month-over-month gain — a rise of 5.3 percent from March.


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