San Francisco Market Report


Britain’s June vote to exit the EU has already had an impact on the market in the US, including here in San Francisco. Mortgage rates have dropped almost a quarter of a percent, making the monthly payments on our pricey housing slightly more affordable. The result is that it will support continuing increases in sales … Continue reading San Francisco Market Report

May 2016 Central San Francisco Market Conditions


District 5’s (See SF Districts Map Here) April numbers continue their strong upwards trend with their highest ever median sales price of $2,287,500. Year-over-year, the median price is up 8.9%. Resale Condo/Loft Median Prices Resale condo-loft median prices have resumed the downward trend that started last September with a brief uptick in January and February. … Continue reading May 2016 Central San Francisco Market Conditions

May 2016 Market Report | San Francisco


We saw first quarter median Single Family Home prices in San Francisco jump with their biggest percentage increase (5.6%) in a decade, and in April’s numbers continue this strong upwards trend. The median price in San Francisco was $1,380,000 in April, the highest ever, and a 4.5% increase over March (yikes!). Resale Condo/Loft Median Prices … Continue reading May 2016 Market Report | San Francisco

Pacific Heights Co-Op Asks $4.2M Gets $3.8M, And Those Views…


Some things just never get old (like me), and some things never go out of style, like 2170 Jackson #3, which clinched this week’s top spot on our Underbid list by selling 10.59% under it’s $4,250,000 asking price at a cool $3,800,000. I can hear you all gasping either sighs of relief, gasps of ahhh, … Continue reading Pacific Heights Co-Op Asks $4.2M Gets $3.8M, And Those Views…

Golden Gate Heights Fixer Sells $455,000 Under Asking, But Still $1.9M


Hey! We’re back. What a great vacation (in Hawaii), and great to see even when I’m surfing, you’re all still browsing. So, on with the show… Monday was a travel day, so Tuesday is all about the Underbid, and this week a sweet little fixer with amazing carpeting, staging, painting, and lighting (Oh yeah, there … Continue reading Golden Gate Heights Fixer Sells $455,000 Under Asking, But Still $1.9M

New Construction Condo Prices Up, Resale Condo Prices Down


SAN FRANCISCO NEW CONSTRUCTION CONDOMINIUM PRICES DECLINED 1 PERCENT FROM PREVIOUS MONTH, UP 2 PERCENT FROM A YEAR AGO. RESALES PRICES DECLINED 10% FROM PREVIOUS MONTH, DOWN 6 PERCENT FROM A YEAR AGO. Though San Francisco pricing dropped for the fifth consecutive month, contract absorption at new developments indicates that the 2016 selling season is … Continue reading New Construction Condo Prices Up, Resale Condo Prices Down

For Sale | Luxury Top Floor SOMA Condo | $1,095,000


Top floor, luxury, view two bedroom, two bath condominium in a boutique elevator building with parking, situated in the vibrant SOMA District of San Francisco.

Maximum Underbid | Russian Hill Property Wins | List $3.2M, Sold $2.6M


Closed on the last day of 2015 was this 3 bedroom Russian Hill condominium with dramatic views. Listed for just shy of $3.2M and sold 18% under asking, at $2.6M, it takes top spot on the top 10 Podium Underbids of the week for San Francisco. Interesting to note is that out of the top … Continue reading Maximum Underbid | Russian Hill Property Wins | List $3.2M, Sold $2.6M

$440,000 Under Asking | Personal Chapel Maybe Included, Wallpaper Definitely


It only took seven months, but in the end, it got there. SOLD for $440,000 UNDER asking! You read that correctly, this 6-bedroom single family home in Mission Terrace at 100 Delano Avenue just closed $440,000 below the original (back in March) asking price of $1,600,000. After a price chop to $1.5, then $1.4, then … Continue reading $440,000 Under Asking | Personal Chapel Maybe Included, Wallpaper Definitely

August Case-Shiller Index | San Francisco Bay Area


The new S&P Case-Shiller Index for August was just released on Tuesday. The prices for homes in the upper third of prices – which dominate in most of San Francisco, central and southern Marin, and central Contra Costa – ticked down a tiny bit in summer, exactly as they did last summer. These short-term fluctuations … Continue reading August Case-Shiller Index | San Francisco Bay Area

Active Listings By Price Segment and Property Type


These Broker Metrics charts track weekly number of Active Listings over the past 6 months (early May to mid-October): SFD, under $1m Active Listings – weekly inventory just below 6 month average, about same level as spring, lowest number of active listings since early July. Condo, under $1m Active Listings – autumn inventory levels well … Continue reading Active Listings By Price Segment and Property Type

SOLD | 1487 Chestnut | Marina District | $1,050,000 | 24% Over


Holy moly did this one go great, or what!? Top floor 1 bed, 1 bath condo with its own private deeded garage in an A+ Marina District location. After kindly declining multiple attempts to pre-empt offers, we stuck to our marketing plan, got roughly 250 parties through the door, reviewed 7 offers, and just closed … Continue reading SOLD | 1487 Chestnut | Marina District | $1,050,000 | 24% Over

For Sale | Designer Condo | Hip Location | $779,000


Situated within the Beideman Historic district of San Francisco’s Western Addition Neighborhood, just steps from the bustling shops and restaurants of the Divisadero and Fillmore corridors (think NOPA, Bi-Rite, The Mill, State Bird Provisions, Japan Town, and so many more), and a chip shot away from Alamo Square and Alta Plaza Park, this spacious 2 … Continue reading For Sale | Designer Condo | Hip Location | $779,000

San Francisco New Condo Sales Trends


If you’re in the market for a new development condominium in downtown San Francisco, you’re going to want to keep your eye on this type of information. Particularly the number of units available versus the number sold…translation = properties are selling REALLY fast! Thank you Mark Company for these excellent reports…

Cole Valley Property Gets 30 Offers


Because one offer isn’t enough, 135 Parnassus (a teeny – tiny 1192 sqft, 2 bed, 1 bath condo) in the heart center of Cole Valley, just blew the roof off of reality. Sure, priced crazy low at $799,000 (actually, I would have priced it similarly because it did have some issues), but still…30 offers? Come … Continue reading Cole Valley Property Gets 30 Offers