San Francisco: Overbidding & Underbidding Sales Price to List Price Percentage, Annual Readings, since 2005*
100% = an average sales price at the original asking price; 104% = an average sales price 4% above asking; 98% = an average sales price 2% below asking.
House Sales
Condo Sales
115%
115%
115%
114%
115%
114%
113%
Houses typically see much higher overbidding percentages than condos.
112%
112%
111%
110%
109%
109%
110%
108%
107%
107%
106%
106%
105%
105%
105%
104%
105%
104%
103%
103%
102% 102%
102%
100%
100%
100%
100%
99%
100%
99%
98%
98%
98%
98%
97%
97%
Market recovery and high-tech/IPO boom
96% 95%
94%
95%
Pandemic market
Foreclosure crisis & great recession
90%
85%
*The ratio of sales price to the original list price: sales reported to NorCal MLS Alliance per Infosparks calculations. Data from sources deemed reliable but may contain errors and subject to revision. Percentages rounded. All numbers approximate and may change due to late- reported sales. Not all sales are reported to MLS.
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