After 2 quarters of no or negative year-over-year homeprice appreciation, a confluence of positive economic factors sent San Francisco median home sales prices to new peaksin Q2. On a quarterly basis, the median house sales price hit $1,700,000 – $80,000 above the previous peak in Q2 2018 -powered by a monthly high of $1,770,000 achieved in June. For condos, the new quarterly median price peak was$1,250,00 – slightly above last year's $1,235,000 – fueled by a new monthly high of $1,300,000 in June.
The market typically slows down significantly in San Francisco for the summer holidays through Augustbefore picking up again in September for a busy, though relatively short autumn selling season running through mid-November.
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