theFrontSteps – San Francisco

Recent sales…it’s what everybody wants to know. It’s what I get asked when I go to dinner. It’s what I get asked when I’m out surfing. It’s what I get asked when I’m sitting on the ski lift. “What did X property sell for?” Because of this very question that continues to perplex even the [...]

I’ve often said, if you can’t say it better yourself, just plagiarize. Or something like that. Even if it means sharing information from a “competing” brokerage. Mark McLaughlin is the CEO of local real estate company Pacific Union. His recent article pretty much sums up my thoughts exactly. Especially, if you live in Cole Valley. [...]

In this season of giving and being thankful, I’d have to say that San Francisco Bay Area residents should be pretty thankful that our market is nowhere near that of the national average. If you’re a seller you can be thanking your lucky stars that buyers are out there in droves, and if you’re a [...]

From the San Francisco Association of Realtors: “Typically the slowest month in real estate, August witnessed a decrease in the months supply inventory, with fewer and fewer sellers putting their properties on the market. Regardless, San Francisco’s continued desirability did offer some pockets of movement and activity, even during this slow period in the year. [...]

Below is an excerpt from the San Francisco Market Focus Report published by the San Francisco Association of Realtors. Despite Seasonal Summer Slowdown, SF Housing Market Continues to Show Strength as Pending Sales Rise With many buyers, sellers, and agents away on vacation at this time of the year, the San Francisco housing market is [...]

[Editor's Note: Below is a carbon copy of the San Francisco Association of Realtors Market Focus Report. Remember...read the data, not the headlines. Each block in San Francisco is different.] SAN FRANCISCO, CA, April 15, 2011 – The median sale price of single-family homes in San Francisco continued to strengthen in March, according to the [...]

“After hitting a two year low in January, the median price for single-family re-sale homes rose 18.6% in March from February. Year-over-year, the median price was off for the seventh month in a row, falling 3.1%. After falling to their lowest level since January 2009 in February, home sales bounced back last month, which is [...]

Been wondering about the year over year stats for San Francisco’s real estate market when looking at August? Wonder no more. Single Family Home Stats San Francisco for August: Condominium Stats San Francisco for August: 2-4 Unit Stats San Francisco for August:

From a reader in the comments: I looked at the MLS sales volume and median sales prices year over year today, and sales volume is up about 38% for SFRs and condo/TICs, from 1354 in 2009 to 1875 in 2010. Median price is also up across just about all price tiers I looked at, which [...]

Thanks again to Misha Weidman for the graph. As you can see our market clearly tanked, and bounced, then tanked, and bounced again, but all-in-all it’s hanging in there pretty well. So what is next? ‘Tis a roller coaster ride indeed!