The top underbid of the week goes to an Outer Mission single family home that (dare we say) needs a bit of work. Listed for $699,000 and sold for $575,000 after 62 days on the market. According to our data from last week, single family homes continue to take up the majority of the top … Continue reading Mission To Millennium | SF’s Top 10 Underbids of the Week
Tag: Stats & Numbers
$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
San Francisco Condo Prices Down 3% Since Month Prior, Up 15% YTD
SAN FRANCISCO CONDOMINIUM PRICES DECLINED 3 PERCENT IN SEPTEMBER FROM PREVIOUS MONTH, UP 15 PERCENT FROM LAST YEAR Resale Inventory Surpasses Two Months of Supply for First Time in Two Years According to The Mark Company Trend Sheet San Francisco – October 14, 2015 – San Francisco condominium prices declined 3 percent from the previous … Continue reading San Francisco Condo Prices Down 3% Since Month Prior, Up 15% YTD
Luxury vs. non-luxury Market and the price of overpricing
We’ve always known that seasonality plays a big role in real estate, but this MSI chart shows 1) that the lower-priced (under $2m) market has the most competitive supply and demand dynamic, and 2) how much more seasonality affects the luxury home end of the market. Homes under $2m ebb and flow by season, but … Continue reading Luxury vs. non-luxury Market and the price of overpricing
San Francisco Home Prices Remain High, affordability index stays low
What an interesting Summer! We are still in the midst of a hot real estate market where homes are getting quickly snatched up, buyers are stretching to pay over asking. The recent stock market gyration and Chinese currency devaluation add some uncertainty to the economy, and later this month the Fed is going to tell … Continue reading San Francisco Home Prices Remain High, affordability index stays low
San Francisco Real Estate Market Mid-Year Report
Home Price Appreciation Rates; Prices, Cost & Affordability; Dollar per Square Foot; Interest Rates; Sales Price to List Price Ratio Bay Area Appreciation Rates since 2011 Combined House & Condo Median Sales Prices Besides the general economic recovery, there are other factors in different counties affecting home price increases over the past 4 years: 1) … Continue reading San Francisco Real Estate Market Mid-Year Report
San Francisco Neighborhood Home Prices Continue To Break Records
I just released our latest and greatest San Francisco market report via sfnewsletter, as well as a link to the most accurate and up to date real time Sold Property Reports you’ll find anywhere – via The Goods. To get this great information delivered to your inbox you have options: 1) Sign up at http://www.sfnewsletter.com … Continue reading San Francisco Neighborhood Home Prices Continue To Break Records
New Case-Shiller suggests another hot spring
The most recent (sorry for delay) Case-Shiller Home Price Index reports for the Bay Area reflect what appears to be the very beginning of another strong Spring market. All home price tiers saw spikes to either their highest points since 2007 (low and mid-price tiers), or their highest point ever (high-price tier). What we are … Continue reading New Case-Shiller suggests another hot spring
Top 10 Overbids Of The Week | San Francisco
…and here they are: Address BR/BA/Units DOM List Price Sold Price Overbid 639 35th Ave 641 2-4 Units 17 $899,000 $1,480,000 64.63% 541 10th Ave 3/2.50/N/A 13 $1,895,000 $3,000,000 58.31% 255 Anderson St 1/1.00/N/A 12 $895,000 $1,375,000 53.63% 43 Bache St 3/2.50/N/A 12 $1,049,000 $1,580,000 50.62% 835 33rd Ave 2/1.00/N/A 8 $899,000 $1,351,000 50.28% 168 … Continue reading Top 10 Overbids Of The Week | San Francisco
Featured Today On SFGate: 3 Of My Recent Transactions
High prices? No problem. Homes in Bay Area selling faster than anywhere else in the nation: http://t.co/1OOsIcC27D pic.twitter.com/qp1HOxjau7 — SFGate (@SFGate) April 16, 2015 I wouldn’t have been able to achieve these successful sales without the epic staging by Katrina Schissel of GiGi Park, my great photographers, my in house team, and especially my amazing … Continue reading Featured Today On SFGate: 3 Of My Recent Transactions
The Story Behind San Francisco’s “Extremely Low Inventory”
(It’s not because no one is selling) Paragon Real Estate Group, April 2015 First some context: For the last 15 years, the number of MLS home sales in San Francisco has ranged from 4663 in 2009 to 7887 in 2004, with an average of 6115 per year. In 2014, MLS sales numbered 6120. Sales outside … Continue reading The Story Behind San Francisco’s “Extremely Low Inventory”
Bay Area Sales Over List Reach Staggering Highs | SF On Top
One chart that says it all: It’s painful if you’re a buyer. It’s awesome to be a seller, especially a seller cashing in and getting out of Dodge.
Rental Boom is Boon to San Francisco Economy | $25.3B Contributed
Study: Rental Boom is Boon to San Francisco Area Economy, Contributing $25.3B Locally in 2013 Fueled by Demographic Changes, Growing Millennial Population, Rediscovery of Urban Cores, People are Increasingly Drawn to Apartment Living WASHINGTON, D.C. – The apartment industry emerged as one of the strongest sectors coming out of the Great Recession, and a new … Continue reading Rental Boom is Boon to San Francisco Economy | $25.3B Contributed
S&P Case-Shiller Home Price Index – San Francisco
Updated S&P Case-Shiller Home Price Index for San Francisco Metro Area (Illustrative charts can be found further down within this report.) The Case-Shiller Index for the San Francisco Metro Area covers the house markets of 5 Bay Area counties, divided into 3 price tiers, each constituting one third of unit sales. Most of the San … Continue reading S&P Case-Shiller Home Price Index – San Francisco