Over the course of the next few days, we’ll be comparing ‘05 and ‘06 sales in our favorite neighborhoods — since our office is in Bernal, let’s start with Bernal.
Bernal Heights – 2006 Single Family House Sales
Total Sales (as of 12/13/06) 156 houses
Average List Price – $819,000
Average Sales Price -$850,000
Days on Market — 37
Number of houses “withdrawn or expired” – 33 (after an average of 77 days on the market)
Bernal Heights — 2005 Single Family House Sales
Total Sales (01/01/05 to 12/31/05) – 197 houses
Average List Price – $738,000
Average Sales Price – $823,000
Days on Market — 32
Number of houses “withdrawn or expired” - 33 (after an average of 44 days on the market)
For me, the most telling statistic is the difference in days on market for the houses that are withdrawn from the market — it appears as though sellers to some extent, are starting to understand that being on the market for more than 30 days is not reason to panic.
Filed under: Bernal Heights, stats , Bernal Heights, stats
