A monthly read on the Richmond and Sunset home markets, from someone who works Clement Street.
September turned into one of the stronger months the Richmond has had all year. The median sale price landed around $2.34M, well above where it sat in August, and 21 of the 22 single-family homes that closed sold above their asking price. The Sunset kept pace too: homes there had a median of just 12 days on market. Now that October's numbers are in, the pace hasn't let up in either district.
A few outsized Sea Cliff and Lake Street sales, including one over $20M, pull the Richmond's average up in a way the median doesn't reflect, so I'm leaning on medians throughout this update.
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