lower mission TOWNHOME - DECEMBER 2 0 2 4
MONTHS OF INVENTORY 4.0 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 2% VS 2023
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 20% VS 2023
▲ 23% VS 2023
▲ 14% VS 2023
▲ 500% VS 2023
There were 24 townhome listings in Lower Mission in December, 29% below November and 14% higher than December 2023. December townhome sales increased by 50% month-over-month, to 6, and were 500% above December 2023. The months of inventory for townhomes in Lower Mission, at 4.0, re%ected a sellers' market. The townhome median price in December was $703,750, a 11% decrease from November and 23% above December 2023. The average sold price was $685,935, 19% below last month; the average PSF sale price was $510, down 9% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL LISTINGS TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$510 $685,935 $703,750 4.0 6 24
$521 $572,000 $572,000 21.0 1 21
-81% 500% 14%
$558 $850,000 $787,500 8.5 4 34
-9% -19% -11% -53% 50% -29%
-2% 20% 23%
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
43
40
58
38
35
34
39
38
35
43
43
28
24
24
21
22
11
11
8
6
5
4
4
6
3
8
6
1
4
$788K
$779K
$771K
$756K
$760K
$734K
$725K
$729K
$733K
$713K
$704K
$572K
$520K
Dec-23
Nov-24
Dec-24
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● MONTHS OF INV.
7
7.0
4+ bdrms
6
3
5
3
4.0
3 bdrms
4
13
3
2.0
1.5
3
2
2 bdrms
7
1
0
<2 bdrms
<$600K $600K-699K $700K-799K $800K-899K $900K-999K $1.0M-1.24M $1.25M-1.49M $1.5M+ MOI INVENTORY SALES 1 0 n/a 1 2 2.0 0 2 n/a 0 2 n/a 0 4 n/a 2 3 1.5 1 4 4.0 1 7 7.0
1
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. 32 ●
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