A Tale of Two San Francisco Septembers

September 2007 ~ September 2009

4,073 ~ Properties for Sale ~ 3,226 (20% less)
447 ~ Under Contract ~ 648 (45% more)
447 ~ Sold ~ 492 (10% more)
$761,000 ~ Median Sales Price ~ $641,000 (16% less)
38 ~ Days on Market ~ 53

Which means even though there's less inventory to choose from (contrary to popular belief), month's supply of inventory is down nearly 50% from Sept 2007, Buyers are taking their sweet time - evidenced by the significant increase in average days on the market.