Showing activity is now starting to reach pre-crisis levels: While activity remains down 15 percent compared to this time last year, consistent growth has significantly reduced the deficit from roughly 75 percent one month after the shelter-in-place order went into effect. And as California’s economy begins to open up, fewer REALTORS® are reporting clients withdrawing their … Continue reading California Real Estate Market Activity Report
Category: market info
NOPA Development Opportunity | $3,495,000 | Not On MLS
Opportunity to restore a true San Francisco gem. With tax records showing a healthy 6825 Square feet, and including an undeveloped attic, your imagination can run wild with all the wonderful things this property could become. Period details galore, wood floors, storage space, yard, and a great NOPA location. Property Details: $3,495,000 1736-38 Fell St. … Continue reading NOPA Development Opportunity | $3,495,000 | Not On MLS
Pandemic Pricing? Or Just Another Crazy Overbid? SF Property Sells $360,000 Over Asking
Yep, even during a global pandemic San Francisco still has property selling, and many of them for over asking. Address BR/BA/Units DOM List Price Sold Price Overbid 2651 23rd Avenue 3/2.00/N/A 8 $985,000 $1,345,000 36.55% 2919 Webster Street 2921 2-4 Units 13 $1,950,000 $2,340,000 20.00% 4407 18th Street 3/1.50/N/A 10 $1,995,000 $2,350,000 17.79% 38 Stoneyford … Continue reading Pandemic Pricing? Or Just Another Crazy Overbid? SF Property Sells $360,000 Over Asking
California Market Starting to Show Signs of Life | Suburbs Are All the Rage
Last week, new listings increased in the Bay Area, Southern California and the Central Valley; numbers stayed flat in the Central Coast. Still, new listings and pending sales remain depressed compared to pre-pandemic levels, and any recent upticks have been very modest. Consequently, sales are expected to remain weak for the next few weeks. Business is still … Continue reading California Market Starting to Show Signs of Life | Suburbs Are All the Rage
San Francisco Real Estate Trends in COVID-19 Lockdown
We just released our monthly real estate market report and forecast newsletter. If you’ve been subscribed to it, check your spam folders, find it, read it, send it to a friend. Can’t find it, we got you. Read the full report by following this link. –theFrontSteps Newsletter – Real Estate Trends in COVID-19 Lockdown Subscribe … Continue reading San Francisco Real Estate Trends in COVID-19 Lockdown
California Real Estate Market & Industry Summary 4/21/2020
“As unemployment has skyrocketed, the housing market has slowed — and it’s likely to remain slow as more jobs are lost. [California Association of Realtors] C.A.R.’s March sales report shows the market in California has begun to feel the effects of the virus, with existing, single-family home sales down 11.5 percent from February and 6.1 … Continue reading California Real Estate Market & Industry Summary 4/21/2020