5+ unit residential Income buildings. listings and sales reported to NorCal MlS Alliance by early January 2024. This market consists of a relatively small number of sales, of buildings of widely varying sizes, qualities, and financial characteristics, across a broad range of locations: This makes meaningful statistical analysis more difficult. All numbers should be considered approximate.
San Francisco Apartment Building Market - 5+ Units
Listings Closing Sale in Quarter since 2018
Percentage of Listings Accepting Offers in Quarter (Absorption Rate)
San Francisco 5+ Unit, Multi-Family Building Market Dynamics
Average Gross Rent Multiple
San Francisco 5+ Unit Apartment Building Sales
Average Cap Rates
San Francisco 5+ Unit Apartment Building Sales
Average Price Per Unit
San Francisco 5+ Unit Apartment Building Sales
San Francisco 5+ Unit Apartment Building Sales
Average Dollar per Square Foot Values
San Francisco Residential Rents - Approximate, Good Faith Estimates*
Average Asking Rent, 1994 - Present, Q1 Data Points (except as noted)
5+ Unit Multi-Family Building Markets
2023 Sales by San Francisco Realtor District*
Multi-Unit Residential Property Sales, 5+ Units
2023 Sales by San Francisco Realtor District*
San Francisco 5+ Unit Apartment Building Sales
2023 Sales by Price Segment*
San Francisco Unemployment Rates Since 2019
CA Employment Development Department Estimates
San Francisco Employment Trends
Number of Employed Residents Since 2000
San Francisco Apartment Building Sales
By Broker, 5+ Unit Residential Sales 2020-2023*
Note that the quantity of sales in any given local submarket is usually relatively small and/or the number of sales that report the necessary financial information can be limited. Buildings of different ages, qualities and sizes selling in different periods can cause these average and median figures to fluctuate significantly. Furthermore, the reliability of some of these calculations depends upon the quality of the income and expense figures provided by the listing agents, and sometimes instead of actual numbers, much less meaningful projected or scheduled figures are used. Late reported listings and sales may change these statistics. Therefore, the above statistics should be considered very general indicators, and how they apply to any particular property without a specific comparative market analysis is unknown.
These analyses were made in good faith with data from sources deemed reliable, but they may contain errors and are subject to revision. Statistics are generalities and all numbers should be considered approximate. Numbers may change with late-reported sales activity.
Compass is a real estate broker licensed by the State of California, DRE Of 527235. Equal Housing Opportunity. This report has been prepared solely for information purposes. The information herein is based on or derived from information generally available to the public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy or completeness of the information. Compass disclaims any and all liabltity relating to this report, Including without lfmitatlon any express or implied representations or warranties for statements contained in, and omissions from, the report. Nothing contained herein is intended lo be or should be read as any regulatory, legal, tax. accounting or other advice and Compass does 1101 provide such advice. All opinions are subject to change without notice. Compass makes 110 representation regarding the accuracy of any statements regarding any references to the laws, stawtes or regulations of any state are those of the author(s). Past performance is no guarantee of future results.
