How much is my San Francisco home worth?

Your San Francisco home is likely around the median listing price of $911,375 right now. This is the middle price of all homes currently on the market in your area. Keep in mind individual home values can vary. This median price is 3.9% lower than the previous month and 5.0% lower than a year ago. Homes are staying on the market for a shorter time, with the median days on market at 38 days, down 15.6% from a year ago. This suggests that even with prices coming down, properties are still moving relatively quickly. There are 5,495 active listings available, which is 13.0% fewer homes than a year ago. The number of new homes coming on the market has stayed about the same as last year, indicating a steady flow of new properties for sale. About 13.9% of homes have had a price reduction, which is a slight decrease from last year. This means fewer sellers are needing to drop their asking price compared to the same time a year ago. For every square foot, homes are listed at a median of $619, which is down 3.8% from last year. This gives you a general idea of the value per square foot in your area. For sellers, homes are selling a bit faster than last year, but be aware that prices have seen a dip both recently and over the past year. Buyers might find more homes selling at original prices, though overall price levels are lower than before.

{ "answer": "Right now, the typical home in the San Francisco area is listed for about $911,375. This is based on the median listing price, meaning half the homes are listed for more and half for less. This price has seen a small decrease in recent months and over the past year.", "paragraphs": [ "The median listing price is down almost 4% from last month and about 5% compared to a year ago. This suggests that prices have softened a bit in the area. Buyers might find slightly more favorable conditions than they would have in the past year.", "Homes in the San Francisco area are spending less time on the market, with a median of 38 days before going pending. This is about 16% faster than a year ago. Even with prices softening, homes are still moving fairly quickly.", "There are 5,495 active listings right now, which is 13% fewer than a year ago. Fewer homes for sale can sometimes create more competition among buyers. The number of new listings coming onto the market has stayed about the same over the past year.", "About 14% of homes have had their prices reduced, which is a slight decrease from last year. This means sellers are holding firm on their initial prices a bit more often. The median price per square foot is $619, which is down almost 4% from a year ago." ], "takeaway": "If you\