SoMa Market Report

November 2024
Dunja Green
South of Market Realtor®
4159904883
dunja.green@compass.com
Condo

CHANGE FROM OCT CHANGE FROM NOV

Homes sold 9 18% 29%

Homes for sale 57 14% 3.4%

Median days on market 84 35% 26%

Median price per square foot $696 13% 7.2%

Months of inventory 6.3 5.6% 25%

Median sold price $700,000 4% 17%

Homes under contract 13 86% 86%

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/
Homes for sale
Number of homes listed for sale, end of month

100

72
67 63 66
59 55 57
50 51 52 52
50 39 40 41
32

0
3

24

4
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ar

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Ju
Ap
Se

Ja

Fe

Ju

Au

Se
O

O
M
N

N
New listings
Number of homes newly listed for sale, during the month

40
30
26
21 21 20
18 18 19
20 15 16
13 12 12
10
8

0
3

24

4
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O

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N

N
Homes under contract
Number of homes that went into contract

20 18

13
12
11
10 10 10 10
10 9
8
7 7 7
6
5

0
3

24

24

24

4
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O

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M
N

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/
Homes sold
Number of homes sold

20

13
11 11
10 9 9
8 8 8 8
7 7 7 7
6 6

0
3

24

4
'2

'2

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ct

ov

ec

ar

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Ju
Ap
Se

Ja

Fe

Ju

Au

Se
O

O
M
N

N
Months of inventory
Months of inventory based on sold listings

15

10
10 8.4 8.4 8.5 8.7
7.4 7.9
7.1
6.1 6 6.3
4.9 5
5 3.1
2.9

0
3

24

4
'2

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Ju
Ap
Se

Ja

Fe

Ju

Au

Se
O

O
M
N

N
Sold/List Price %
Sold price/original list price %

150

100 95 95 99 99 97 97 97 95 97 96
100 90 92 94 93

50

0
3

24

4
'2

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ct

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ec

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Ju
Ap
Se

Ja

Fe

Ju

Au

Se
O

O
M
N

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/
Median sold price
Median price of sold homes (in 1000s)

1500

960
1000 860
799 800
735 730 740 705 700
640 675 675 673
600
535
500

0
3

24

4
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ct

ov

ec

ar

ay

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Ju
Ap
Se

Ja

Fe

Ju

Au

Se
O

O
M
N

N
Median price per square foot
Median price per square foot of sold homes

1000 935
898
805 788 774 793 801
738 750 763 750 734
698 707 696

500

0
3

24

4
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ec

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ct

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Ju
Ap
Se

Ja

Fe

Ju

Au

Se
O

O
M
N

N
Median days on market
Median days on market of sold listings

150
113
98
100 84
72
64 62
58
43 45 46
50 40 34 38
21 22

0
3

24

24

4
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Ju
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Ju

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O

O
M
N

Compass is a real estate broker licensed by the State of California, and makes no representations or warranties, express or implied, with respect to
current or future market conditions, or prices of residential properties at the time of this report or in the future. All information herein is intended for
informational purposes only and no warranty, express or implied, is made or should be assumed regarding the accuracy, adequacy, completeness,
legality, reliability, merchantability or fitness for a particular purpose of any information, in whole or in part, contained herein. Compass shall not be
deemed to be providing legal, accounting or other professional services. This is not intended to solicit the purchase or sale of any property. Equal
Housing Opportunity. Report published based on the following data sources: sf_mlslistings, lake_tahoe_remetrolist, sf_ebrd, sf_resfar. The report
includes data from the Northern California region, and the following counties: San Francisco County, with the following property types: Condo; over
the last 15 months preceding December 10th, 2024.

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/