market update Current prices for properties on the market Trends in pricing Current levels of supply and demand Report for the week ending Sunday November 30, 2008 RICHMOND / SEA CLIFF Full Details for Zip Code 94121 Neighborhood Detail Real-Time Market Profile THIS WEEK Single Family The median single family home price in the neighborhood this week is $1159000. There are 33 homes for sale and they've been on the market for an average of 72 days. Median List Price $1,159,000 Average List Price $1,597,054 Least Expensive Listing $688,000 Most Expensive Listing $5,895,000 Price per Square Foot $533 Average Days on Market 72 Total Inventory 33 Sold This Week 3 Median Sq ft 2,140 Bedrooms 3 Bathrooms 2 Median Age 87 Real-Time Market Profile THIS WEEK Condos The median condominium price this week is $742000. There are 25 condos for sale, on the market for an average of 82 days. Median List Price $742,000 Average List Price $727,680 Least Expensive Listing $399,000 Most Expensive Listing $1,269,000 Price per Square Foot $541 Average Days on Market 82 Total Inventory 25 Sold This Week 1 Median Sq ft 1,287 Bedrooms 2 Bathrooms 2 Median Age 61 QUARTILES To get a tightly targeted understanding of homes in the market, we break each locale into quartiles, where each quartile is 25% of the homes listed. Single Family Homes - Quartiles Quartile Median Price Med. Sqft Beds Baths Med. Age Inven. Newly Listed Sold Days on Mkt- 1 $2,872,000 4,169 5.0 3.5 89 8 0 0 76 Most expensive 25% of homes 2 $1,293,000 2,400 3.5 2.8 83 8 1 0 65 Upper-middle 25% of homes 3 $962,500 2,020 3.5 2.0 87 8 0 1 44 Lower-middle 25% of homes 4 $829,000 1,540 2.0 1.5 83 9 1 2 62 Least expensive 25% of homes Condominiums - Quartiles Quartile Median Price Med. Sqft Beds Baths Med. Age Inven. Newly Listed Sold Days on Mkt- 1 $957,500 1,575 3.5 2.8 4 6 0 1 65 Most expensive 25% condos 2 $812,500 1,322 2.0 2.2 78 6 0 0 97 Upper-middle 25% condos 3 $594,000 1,106 2.0 1.0 72 6 0 0 107 Lower-middle 25% condos 4 $499,000 948 1.0 1.0 68 7 0 0 76 Least expensive 25% condos PRICE The median single family home price in 94121 this week is $1159000. The median price of all condos on the market is $742000. INVENTORY There are 33 single family homes available in the neighborhood this week and 25 condominiums on the market. DAYS ON MARKET The single family homes have been on the market for an average of 72 days. Half of the listings have been on the market less than 8 weeks. The currently available condos have been on the market for an average of 82 days. Half of the condo listings have been on the market less than 10 weeks. CITY OVERVIEW - SAN FRANCISCO Real-Time Market Profile THIS WEEK Single Family Condos The median single family home price in SAN FRANCISCO this week is $889000. There are 638 homes for sale in the city and they've been on the market for an average of 82 days. Median List Price $889,000 $699,000 Average List Price $1,300,626 $871,301 Least Expensive Listing $225,000 $171,900 Most Expensive Listing $23,000,000 $15,000,000 Price per Square Foot $516 $670 Average Days on Market 82 83 The median condominium price this week is $699000. There are 1131 condos for sale, on the market for an average of 83 days. Total Inventory 638 1131 Sold This Week 48 107 Median Sq ft 1,728 1,115 Bedrooms 3 2 Bathrooms 2 1 Median Age 77 66 QUARTILES To get a tightly targeted understanding of homes in the market, we break each locale into quartiles—where each quartile is 25% of the homes listed. Single Family Homes - Quartiles Quartile Median Price Med. Sqft Beds Baths Med. Age Inven. Newly Listed Sold Days on Mkt- 1 $1,995,000 3,020 4.0 3.5 91 159 5 12 69 Most expensive 25% of homes 2 $1,099,000 2,064 3.0 2.0 77 159 8 13 55 Upper-middle 25% of homes 3 $749,000 1,475 3.0 2.0 67 160 8 10 48 Lower-middle 25% of homes 4 $528,500 1,222 3.0 1.0 72 160 8 13 69 Least expensive 25% of homes Condominium - Quartiles Quartile Median Price Med. Sqft Beds Baths Med. Age Inven.