lower mission DETACHED - DECEMBER 2 0 2 4
MONTHS OF INVENTORY 10.2 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 200% VS 2023
▼ 22% VS 2023
▼ 33% VS 2023
▼ 24% VS 2023
There were 61 detached listings in Lower Mission in December, 21% below November and 24% lower than December 2023. December detached home sales decreased by 25% month-over-month, to 6, and were 200% above December 2023. The months of inventory for detached in Lower Mission, at 10.2, re%ected a buyers' market. The detached median price in December was $959,000, a 8% increase from November and 33% below December 2023. The average sold price was $1,114,750, 1.3% above last month and down 22% to December 2023.
THIS MONTH No. $1,114,750 $959,000 10.2 6 61
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change -22% -33% -75% 200% -24%
% Change
TOTAL LISTINGS TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$1,429,500 $1,429,500 40.0 2 80
$1,100,625 $885,000 9.6 8 77
1.3% 8% 6% -25% -21%
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
115
76
108
108
121
73
116
96
95
106
80
77
74
71
61
41
15
11
11
11
10
9
8
6
5
6
2
12
12
$1.43M
$1.25M
$1.13M $1.06M
$1.06M $1.10M $1.12M $1.05M $1.10M
$970K
$959K
$941K
$885K
Dec-23
Nov-24
Dec-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
12
12.0
10
8
8.0
7.0
6
4
2.5
2
1.0
0
<$600K
$600K-799K
$800K-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.74M $1.75M-1.99M $2.0M-2.49M $2.5M-2.99M
$3.0M+
MOI INVENTORY SALES
1 1 1.0
2 5 2.5
1 12 12.0
1 7 7.0
1 8 8.0
0 5 n/a
0 10 n/a
0 3 n/a
0 10 n/a
Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of January 13, 2025. All data from Association of Interior Realtors & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 31 ●
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