JUST SOLD SAN FRANCISCO! WEEK ENDING JULY 9, 2004
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The real estate market in San Francisco continues to soar. Multiple offers are almost expected on most properties, and competition is still fierce. I thought sales would slow a lot during this summer, and they have a bit. There were about half as many closed transactions this week as there were last week. Why? Summer vacation. You can’t blame people for wanting to get out of this unbelievably horrible weather we are having. Expect things to pick up to a frenzy again around September.
On that note, I am running out of town to find some sun!
Maximum overbid of the week goes to:
1358 38th. Avenue. Two bedroom, One bath, Two car parking. Asking $598,000, sold for $768,000, and only spent 10 days on the market!!!!!!
Happy Aloha Friday,
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