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Welcome to The Rossetti Realty Market Update.
If you’re considering buying or selling residential real estate, it’s essential to understand the current market trends.
According to MLS Listings, the marketplace for San Francisco, here’s what happened in the residential market for the first quarter of 2024 vs. the first quarter of 2025:
The Number of SOLD listings increased by 11% to 918 properties, with a top sale of $26,500,000 million at 2990 Broadway Street.
The Average Sales Price decreased by 1% to $1,741,734 million, bringing the Average Price Per Square Foot down to $1,021
As measured in quarterly supply, the inventory of properties available for sale decreased by 11% to 2.50 quarterly worth of properties for sale
The average 30-year fixed mortgage rate decreased to 6.78%, according to Bank Rate.com.
If you’re considering buying or selling residential real estate, please get in touch with Gail.
