Why is it so hard to get your offer accepted? In the last 90 days, according to Redfin data, San Francisco homes have had an average of 8.5 offers, at a median offer price of 105.1% of the asking price. Ouch! Oh, and let's not forget an average downpayment of 30.6%. More proof, if you needed it, that buying a home in SF is not for the faint of heart. [Redfin]
Filed under: