San Francisco Local Resources, San Francisco News and Events, San Francisco Real Estate Info for Buyers, San Francisco Real Estate Info for Sellers, San Francisco TIC (Tenancy in Common) Info

San Francisco Realtors and Homeowners Support Condo Conversion

Comments Off on San Francisco Realtors and Homeowners Support Condo Conversion 31 January 2011

Fair warning….. this post is taken STRAIGHT from an email from the folks at Plan C, an organization of moderate voices that support San Francisco home ownership and, thus, condo conversion.

San Francisco’s condo conversion lottery requires luck, patience and nerves of steel, but Plan C and its supporters (SF Realtors and property owners to name a few) are yet again, hosting a rally supporting changes to the current condominium conversion rules that would allow TIC owners a chance at owning more than a fractional interest in their properties.

So here’s the scoop, straight from Plan C’s mouth, er, um, email:

Wednesday morning, February 2nd at 8:15AM (before the condo lottery that is scheduled to be held at 9AM),  Plan C San Francisco, in conjunction with the Small Property Owners of San Francisco, will be sponsoring a rally for Condo Conversion reform.

This is one of your primary opportunities to bring attention to the fact that City Hall has failed to support homeownership for the thousands of people that seek it as a means of solidifying their place in our community.

If you are a first-time homeowner please take the time to attend this important event! Let’s show our city’s elected leaders that those seeking housing stability through ownership are the lifeblood of our city. You are the teachers, healthcare workers, public service employees, first responders, even members of our very own Board of Supervisors that are seeking to put down roots in our community. Public policy should be helping you to stay in San Francisco not harming you.

If you are not able to attend, we encourage you to contact the Mayor and city supervisors through our website. Write a note identifying yourself and tell them your story. Tell them that you support overall reform of the completely broken condo conversion process. Tell them that your only path to homeownership was through the purchase of a TIC, but the financial stability you seek won’t fully come until you can convert your shared interest into a condominium. Tell them that as a former renter you are tired of being ignored and vilified for pursuing the American dream.

You can e-mail the Mayor and city Supervisors here. After you have written your e-mail, only click “submit” once. Although it may look like you message has not been sent, it has!


Learn More About Plan C

To learn more about Plan C visit www.plancsf.org

San Francisco Real Estate Info for Buyers, San Francisco Real Estate Info for Sellers, San Francisco Real Estate Market Conditions, San Francisco Real Estate Resources, San Francisco TIC (Tenancy in Common) Info

San Francisco Real Estate Sales Data – September 2009

Comments Off on San Francisco Real Estate Sales Data – September 2009 22 October 2009

As I do every month (albeit sometimes rather late), I ran the latest San Francisco real estate sales figures from the month of September for you. Here’s the data for September, raw and unfiltered, just how you like it.

This month, Single family volume is down from August, but median price is UP.  Condo sales however have shot significantly up in volume, but median price slipped.

Interesting to note that multiple offers are BACK and list price to ask price ratio is up.  This is MORE a sign of marketing, but it means that there are enough buyers out there to drive prices UP.  As far as the market goes, that’s great!!!  As far as being a buyer goes, not so much.  If prices continue this upward trend, then the bottom has passed us (my guess is in July) and you better buy something quick if you want to take advantage of relatively low prices and historically low interest rates.

So here’s this month’s summary of home sales pulled directly from the MLS. Remember, these are all closed sales and not pending sales.

Check back monthly to get the latest facts and figures – and if you have any questions about these statistics, or the market in general, feel free to give me a holler! I’m always happy to talk “real estate!” ;-)

Here’s a quick snapshot of the market from August 1, 2009 through August 31, 2009:

Single Family Homes

  • 179 Homes Sold
  • Median Sale Price was $750,000
  • Minimum Sale Price was $115,000
  • Maximum Sale Price was $7,995,000
  • Median Selling Price was 103% of asking price
  • Median Days on Market was 40
  • Median Selling Price for homes that sold within 30 days was 104% of asking price

Condominiums, Lofts & Co-ops

  • 195 Homes Sold
  • Median Sale Price was $680,000
  • Minimum Sale Price was $260,000
  • Maximum Sale Price was $7,250,000
  • Median Selling Price was 98% of asking price
  • Median Days on Market was 60
  • Median Selling Price for homes that sold within 30 days was 99% of asking price

TIC’s

  • 27 Homes Sold
  • Median Sale Price was $560,000
  • Minimum Sale Price was $375,000
  • Maximum Sale Price was $830,000
  • Median Selling Price was 99% of asking price
  • Median Days on Market was 89
  • Median Selling Price for homes that sold within 30 days was 100% of asking price

San Francisco History, San Francisco Real Estate Info for Buyers, San Francisco Real Estate Info for Sellers, San Francisco Real Estate Market Conditions, San Francisco TIC (Tenancy in Common) Info

San Francisco Real Estate Sales Data – August 2009

Comments Off on San Francisco Real Estate Sales Data – August 2009 05 September 2009

As I do every most months, I ran the latest San Francisco real estate sales figures from the month of August for you.  Last month I published three month’s of data, but this time, here’s the data for August, raw and unfiltered, just how you like it.

This month, as is common for August, volume is down from July across the board.  The other numbers, including days on market, median sales price and percentage where all across the board.  Another reason sales volume might be lower might have something to do with lenders taking their sweet ass time closing deals.  They seem to like to throw up a lot of road blocks these days, but if you’re a good agent and happen to have internal GPS (the kind that lets you think outside of the box so you can still get deals closed), you just look for a safe detour and keep driving the speed limit.  Yes, it’s a weird analogy, but believe me, it fits. 

So here’s this month’s summary of home sales pulled directly from the MLS. Remember, these are all closed sales and not pending sales.

Check back monthly to get the latest facts and figures – and if you have any questions about these statistics, or the market in general, feel free to give me a holler! I’m always happy to talk “real estate!” ;-)

Here’s a quick snapshot of the market from August 1, 2009 through August 31, 2009:

Single Family Homes

  • 196 Homes Sold
  • Median Sale Price was $705,000
  • Minimum Sale Price was $170,000
  • Maximum Sale Price was $5,500,000
  • Median Selling Price was 101% of asking price
  • Median Days on Market was 40
  • Median Selling Price for homes that sold within 30 days was 104% of asking price

Condominiums, Lofts & Co-ops

  • 151 Homes Sold
  • Median Sale Price was $712,000
  • Minimum Sale Price was $135,000
  • Maximum Sale Price was $6,000,000
  • Median Selling Price was 98% of asking price
  • Median Days on Market was 71
  • Median Selling Price for homes that sold within 30 days was 98.5% of asking price

TIC’s

  • 31 Homes Sold
  • Median Sale Price was $508,000
  • Minimum Sale Price was $299,000
  • Maximum Sale Price was $1,340,000
  • Median Selling Price was 99% of asking price
  • Median Days on Market was 68
  • Median Selling Price for homes that sold within 30 days was 98.5% of asking price

San Francisco History, San Francisco Real Estate Info for Buyers, San Francisco Real Estate Info for Sellers, San Francisco Real Estate Market Conditions, San Francisco TIC (Tenancy in Common) Info

San Francisco Real Estate Sales Data – May, June & July 2009

2 Comments 09 August 2009

I know, I know, I’m a few months behind.  But things have been hectic to say the least.  So this month, I’m catching up, and putting all the numbers into one concise little post for you.  And while I don’t plan on doing it this way every month, it might be a nice little break to stack the months up against each other and see if we can find a trend. 

So, across the board, sales volume is up month over month.  As a Realtor, that makes me excited.  Single family home prices have increased month over month, condo prices have fallen and TIC prices (which do have a much smaller sample, so statistics are less accurate.)  In a nutshell, the San Francisco real estate market is all over the place.  Stay tuned in to the blog the next few days for some details of what I’ve been seeing take place in the crazy world of the SF market.

So here’s this month’s summary of home sales pulled directly from the MLS. Remember, these are all closed sales and not pending sales.

Check back monthly to get the latest facts and figures – and if you have any questions about these statistics, or the market in general, feel free to give me a holler! I’m always happy to talk “real estate!” ;-)

Here’s a quick snapshot of the market from May 1, 2009 through July 31, 2009:

Single Family Homes
May-09 Jun-09 Jul-09
Homes Sold 185 223 235
Median Sales Price $750,000 $762,000 $785,000
Minimum Sales Price $220,000 $195,000 $150,000
Maximum Sales Price $4,200,000 $6,995,000 $11,500,000
Median Sales Price vs. Asking Price 97% 98% 100%
Median Days on Market 47 45 39
Median Selling Price for homes sold within 30 days 101% 102% 103%
Condominiums, Lofts & Co-ops
Homes Sold 126 158 162
Median Sales Price $682,500 $645,000 $642,500
Minimum Sales Price $246,740 $115,000 $186,000
Maximum Sales Price $3,950,000 $2,150,000 $3,158,000
Median Sales Price vs. Asking Price 95% 96% 99%
Median Days on Market 59 57 66
Median Selling Price for homes sold within 30 days 99% 99% 99%
TIC’s
Homes Sold 36 42 46
Median Sales Price $523,250 $600,000 $510,000
Minimum Sales Price $275,000 $230,000 $295,000
Maximum Sales Price $1,400,000 $1,020,000 $2,395,000
Median Sales Price vs. Asking Price 97% 100% 101%
Median Days on Market 65 66 79
Median Selling Price for homes sold within 30 days 96% 100% 96%

Misc Musings from Your San Francisco Realtor, San Francisco Local Resources, San Francisco Real Estate Info for Buyers, San Francisco Real Estate Info for Sellers, San Francisco Real Estate Market Conditions, San Francisco TIC (Tenancy in Common) Info

Got SF Real Estate Tools?

Comments Off on Got SF Real Estate Tools? 05 May 2009

House in HandAre you looking to buy a house in San Francisco?  Or maybe you’re pondering selling that little SF condominium or TIC? 

Whether buying a house, condo or TIC, investment property,etc. or looking to sell any of the above in the City, you want TOOLS!

I’m not talking hammers, table saws and drills – I’m talking about tools that provide you with HONEST and UNBIASED information about the San Francisco Real Estate Market!

So – you want to know what kind of tools you can get your hands on?

 

The City Update(TM) – San Francisco’s Friendliest Real Estate Newsletter

The City Update(TM) is a little SF real estate newsletter delivered straight to your inbox (almost) every Friday.  It has ALL sorts of awesome features including:

  • San Francisco Market Reports from the Altos Research folks
  • All of the NEW San Francisco real estate listings from the last 30 days
  • All of the SOLD San Francisco real estate listings from the last 30 days
  • Links to SF Open Houses, SF Foreclosure Listings, and more
  • Commentary about the SF Real Estate market from yours truly
  • SF Property “Pocket Listings” that I hear about (properties that AREN’T available to the general public!)

You can SIGN UP HERE or you can check out the site (just keep in mind that frankly, the site sucks – but I created it myself and since my HTML skills are LACKING, I’m just happy I got THAT far with it!)

 

SF Real Estate Market Updates

If you just can’t get enough San Francsco real estate market updates between this blog and The City Update(TM), you now have one more option when it comes to getting the latest deets on what the market is doing. 

Again, brought to you by the Altos Research folks, you can narrow down your reports by zip code or property type AND you can sign up for as few or as many zip codes as you like (you just have to reenter your info for each new zip code/property type). 

Go ahead, get your SF real estate data fix on!  You can SIGN UP HERE.

 

100% Complete Access to the San Francisco MLS

Know everything that’s on the San Francisco market in real time.  Just like a REALTOR, you’ll get access to ALL of the listings in the MLS. 

Unlike other Real Estate search sites, Zephyr MLS Direct gives you the most complete, accurate and up-to-date listing information available, which lets you find properties as soon as they hit the market. 

It also lets you save your searches and new listings that match your criteria emailed to you as soon as they hit the market!  And you can save your favorite properties, watch them go into escrow, and if they’re in your “favorites” folder, you can even see the price they sold for (which we all know is super secret data.)  You also get notified of any changes that occur to the property listings that match your criteria AND Friday Open House reports.  Cool or what?

You’ll have to give up some personal info, and “agree” to work with me as your REALTOR (it’s a technicality that the MLS requires), but I NEVER EVER EVER hold you to it.  To really build a client/agent relationship, we have to meet in person to decide if we’re a good fit to help you achieve your real estate goals.  And you’ll have to CONTACT ME to make it happen.  WHY?  Because I’m just not into stalking and I’m easy to find

Want your own MLS access?  You can SIGN UP HERE.

 

So, go ahead, get your SF real estate information fix on!  Sign up for one, two or all three of the San Francisco real estate tools above! 

And if you think you’d like me to represent you in the sale or purchase of a property, call me at 415–307–1392 or shoot me an email.  I’m happy to schedule a free consultation with you to see if we’d work well together.

Oh, and as a reminder, should you sign up for any of the tools above, as always, your info will not be sold, rented, shared, abused, danced on, or in any other way misused. Just thought you’d like to know.

San Francisco Real Estate Info for Buyers, San Francisco Real Estate Info for Sellers, San Francisco Real Estate Market Conditions, San Francisco TIC (Tenancy in Common) Info

San Francisco Real Estate Sales Data – April 2009

1 Comment 04 May 2009

As I do every month, I ran the latest San Francisco real estate sales figures from the month of April for you.  And with the variety of weirdnesses that we’ve seen in the market, it’s nice to look at some cold hard facts.  So here it is, raw and unfiltered data, just how you like it.

Good news folks.  The SF real estate market seems to be holding steady.  As of last month, sales volume was up. In fact, SF home sales volume has been steadily rising every month since January.   Yes, some of this is seasonal, but prime selling season hasn’t started yet, so to me, this looks like buyers have more confidence in the market and are getting out there and, well, buying.  Am I calling the bottom of the San Francisco real estate market?  Not quite yet, but ALMOST! I feel it is CLOSE! (For all I know, it HAS already hit bottom.) 

What makes me think so positively? Well, in addition to sales volume creeping upwards, even median prices for everything except TIC’s ticked upwards!!!  (And with such great rates on “regular” property, buying a Tenancy in Common only makes sense for the right person with the right property and the right real estate goals.)  Anyhow – pulling these numbers put me in such a good mood that if I knew how to dance a jig, I would.  But I can’t, so I’m off to dance a polka!  And while I’m dancing you can go get to reading.  

Here’s this month’s summary of home sales pulled directly from the MLS. Remember, these are all closed sales and not pending sales.

Check back monthly to get the latest facts and figures – and if you have any questions about these statistics, or the market in general, feel free to give me a holler! I’m always happy to talk “real estate!” ;-)

Here’s a quick snapshot of the market from April 1, 2009 through April 30, 2009:

Single Family Homes

  • 127 Homes Sold
  • Median Sale Price was $715,000
  • Minimum Sale Price was $234,000
  • Maximum Sale Price was $7,750,000
  • Median Selling Price was 97% of asking price
  • Median Days on Market was 46
  • Median Selling Price for homes that sold within 30 days was 101.5% of asking price

Condominiums, Lofts & Co-ops

  • 97 Homes Sold
  • Median Sale Price was $680,000
  • Minimum Sale Price was $256,000
  • Maximum Sale Price was $5,500,000
  • Median Selling Price was 97% of asking price
  • Median Days on Market was 59
  • Median Selling Price for homes that sold within 30 days was 99% of asking price

TIC’s

  • 25 Homes Sold
  • Median Sale Price was $489,000
  • Minimum Sale Price was $250,000
  • Maximum Sale Price was $1,175,000
  • Median Selling Price was 98% of asking price
  • Median Days on Market was 56
  • Median Selling Price for homes that sold within 30 days was 102% of asking price

 

Misc Musings from Your San Francisco Realtor, San Francisco Local Resources, San Francisco Real Estate Info for Buyers, San Francisco Real Estate Info for Sellers, San Francisco Real Estate Market Conditions, San Francisco TIC (Tenancy in Common) Info

Got SF Real Estate Tools?

Comments Off on Got SF Real Estate Tools? 12 April 2009

House in HandAre you looking to buy a house in San Francisco?  Or maybe you’re pondering selling that little SF condominium or TIC? 

Whether buying a house, condo or TIC, investment property,etc. or looking to sell any of the above in the City, you want TOOLS!

I’m not talking hammers, table saws and drills – I’m talking about tools that provide you with HONEST and UNBIASED information about the San Francisco Real Estate Market!

So – you want to know what kind of tools you can get your hands on?

 

The City Update(TM) – San Francisco’s Friendliest Real Estate Newsletter

The City Update(TM) is a little SF real estate newsletter delivered straight to your inbox (almost) every Friday.  It has ALL sorts of awesome features including:

  • San Francisco Market Reports from the Altos Research folks
  • All of the NEW San Francisco real estate listings from the last 30 days
  • All of the SOLD San Francisco real estate listings from the last 30 days
  • Links to SF Open Houses, SF Foreclosure Listings, and more
  • Commentary about the SF Real Estate market from yours truly
  • SF Property “Pocket Listings” that I hear about (properties that AREN’T available to the general public!)

You can SIGN UP HERE or you can check out the site (just keep in mind that frankly, the site sucks – but I created it myself and since my HTML skills are LACKING, I’m just happy I got THAT far with it!)

 

SF Real Estate Market Updates

If you just can’t get enough San Francsco real estate market updates between this blog and The City Update(TM), you now have one more option when it comes to getting the latest deets on what the market is doing. 

Again, brought to you by the Altos Research folks, you can narrow down your reports by zip code or property type AND you can sign up for as few or as many zip codes as you like (you just have to reenter your info for each new zip code/property type). 

Go ahead, get your SF real estate data fix on!  You can SIGN UP HERE.

 

100% Complete Access to the San Francisco MLS

Know everything that’s on the San Francisco market in real time.  Just like a REALTOR, you’ll get access to ALL of the listings in the MLS. 

Unlike other Real Estate search sites, Zephyr MLS Direct gives you the most complete, accurate and up-to-date listing information available, which lets you find properties as soon as they hit the market. 

It also lets you save your searches and new listings that match your criteria emailed to you as soon as they hit the market!  And you can save your favorite properties, watch them go into escrow, and if they’re in your “favorites” folder, you can even see the price they sold for (which we all know is super secret data.)  You also get notified of any changes that occur to the property listings that match your criteria AND Friday Open House reports.  Cool or what?

You’ll have to give up some personal info, and “agree” to work with me as your REALTOR (it’s a technicality that the MLS requires), but I NEVER EVER EVER hold you to it.  To really build a client/agent relationship, we have to meet in person to decide if we’re a good fit to help you achieve your real estate goals.  And you’ll have to CONTACT ME to make it happen.  WHY?  Because I’m just not into stalking and I’m easy to find

Want your own MLS access?  You can SIGN UP HERE.

 

So, go ahead, get your SF real estate information fix on!  Sign up for one, two or all three of the San Francisco real estate tools above! 

And if you think you’d like me to represent you in the sale or purchase of a property, call me at 415–307–1392 or shoot me an email.  I’m happy to schedule a free consultation with you to see if we’d work well together.

Oh, and as a reminder, should you sign up for any of the tools above, as always, your info will not be sold, rented, shared, abused, danced on, or in any other way misused. Just thought you’d like to know.

San Francisco Real Estate Info for Buyers, San Francisco Real Estate Info for Sellers, San Francisco Real Estate Market Conditions, San Francisco TIC (Tenancy in Common) Info

San Francisco Real Estate Sales Data – March 2009

Comments Off on San Francisco Real Estate Sales Data – March 2009 02 April 2009

As I do every month, I ran the latest San Francisco real estate sales figures for you.  I’m just getting back from vacation and swamped as can be, so the commentary this month is a little short, but the data is here for you with my brief 2 cents.

After the glum numbers from last month, I was relieved to see an uptick in sales volume.  Last month’s numbers had me breathing a sigh of relief, and this month did the same.  Volume, once again, crept up in March.  The other numbers though, siuch as median price, didn’t look so pretty.  However, I can say that I have a theory on that.  The new $729,500 loan limits we’ve been waiting for just aren’t materializing.  What I’m seeing instead (especially with a lot of the new buyers that have recently contacted me) is a huge upswing in activity in the lower tier of the market, the under $600K club.  In fact, almost 40% (38.59% to be exact) of all of the sales reported below fell under the $600K category, which means that the buyers were able to advantage of the new, lower interest rates.  However, buyers in the $800k-900K category are still waiting for their opportunity to take a crack at these lower rates, and unfortunately, we just haven’t seen them kick in yet.  I guess the test to my theory really will be when the $729,500 loan limit is really reinstated and the movement (or lack thereof) that occurs once that happens.

So here’s this month’s summary of home sales pulled directly from the MLS. Remember, these are all closed sales and not pending sales.

Check back monthly to get the latest facts and figures – and if you have any questions about these statistics, or the market in general, feel free to give me a holler! I’m always happy to talk “real estate!” ;-)

Here’s a quick snapshot of the market from March 1 through June 31, 2009:

Single Family Homes

  • 122 Homes Sold
  • Median Sale Price was $672,500
  • Minimum Sale Price was $320,000
  • Maximum Sale Price was $7,750,000
  • Median Selling Price was 97% of asking price
  • Median Days on Market was 40
  • Median Selling Price for homes that sold within 30 days was 101% of asking price

Condominiums, Lofts & Co-ops

  • 86 Homes Sold
  • Median Sale Price was $644,000
  • Minimum Sale Price was $150,000
  • Maximum Sale Price was $2,450,000
  • Median Selling Price was 99.5% of asking price
  • Median Days on Market was 45
  • Median Selling Price for homes that sold within 30 days was 96% of asking price

TIC’s

  • 20 Homes Sold
  • Median Sale Price was $610,000
  • Minimum Sale Price was $290,000
  • Maximum Sale Price was $1,775,500
  • Median Selling Price was 98% of asking price
  • Median Days on Market was 80
  • Median Selling Price for homes that sold within 30 days was 100% of asking price

San Francisco Real Estate Info for Buyers, San Francisco Real Estate Info for Sellers, San Francisco Real Estate Market Conditions, San Francisco TIC (Tenancy in Common) Info

Over, Under, At – SF Home Sales: March 2 – March 8, 2009

Comments Off on Over, Under, At – SF Home Sales: March 2 – March 8, 2009 08 March 2009

 

up-down.jpgWelcome back to the “Over, Under, At” weekly feature. It’s a simple breakdown taken from MLS data that shows the number of closed sales that sold Over Asking Price, Under Asking Price or At Asking Price. 

*Just a reminder that new construction sales are rarely included in this list since they don’t get posted on the MLS.

Happy Monday folks.  The last two weeks gave us some more positive figures, but this week, we’re back down in the dumps.  Bah humbug.  As I’ve mentioned many times, looking at just one week’s worth of sales doesn’t give us a clear picture of the market.  But it does give us a little glimpse.  One thing that is very difficult to account for is new construction sales.  I can honestly say that I’ve seen a good amount of recent sales occur in the new construction segment of the market, which unfortunatly (as noted above) are not usually listed in the MLS.  If we could include those numbers, this picture might look a little better.  But for now, we just hang tight and check the monthly numbers and hope that those continue to show some positive improvements.

Keep in mind that these reports are meant to be helpful for potential buyers and sellers – but to really understand the pulse of the SF real estate market, talk to a local real estate agent. We’re in the trenches and these closed sales went into escrow a month ago (sometimes less, sometimes more). We are much better in tune with what’s going on in the market TODAY and can give you much more in depth information than any set of statistics can. If you need advice from a San Francisco Realtor, feel free to email me or call me at 415–307–1392. I’m always happy to talk real estate.

Here’s a quick breakdown of closed San Francisco home sales for the week from March 2–8, 2009: 

Single Family Homes – 13 Homes Sold

  • 2 Sold OVER Asking Price
  • 7 Sold UNDER Asking Price
  • 4 Sold AT Asking Price
  • Condos/Lofts/Co-ops’s – 11 Homes Sold

  • 1 Sold OVER Asking Price
  • 9 Sold UNDER Asking Price
  • 1 Sold AT Asking Price

    TIC’s – 7 Home Sold

  • 1 Sold OVER Asking Price
  • 5 Sold UNDER Asking Price
  • 1 Sold AT Asking Price
  • San Francisco Real Estate Info for Buyers, San Francisco Real Estate Info for Sellers, San Francisco Real Estate Market Conditions, San Francisco TIC (Tenancy in Common) Info

    San Francisco Real Estate Sales Data – February 2009

    Comments Off on San Francisco Real Estate Sales Data – February 2009 05 March 2009

    As I do every month, I ran the latest San Francisco real estate sales figures from the month of February for you.  Here it is, raw and unfiltered, just how you like it.

    YAY!!  more homes sold this month than did last month all around.  (I’m letting out a sigh of relief here…)  Median prices crept up.  (Another sigh….)  Days on market slipped down.  (Sighing yet again….)  Things just aren’t feeling as bleak as they’ve felt in December and January.  My phone started ringing with buyers looking to buy in February and the data below proves that they did just that – they bought.  My prediction is that March will look even prettier.  (And I’m back to holding my breath…..)

    So here’s this month’s summary of home sales pulled directly from the MLS. Remember, these are all closed sales and not pending sales.

    Check back monthly to get the latest facts and figures – and if you have any questions about these statistics, or the market in general, feel free to give me a holler! I’m always happy to talk “real estate!” ;-)

    Here’s a quick snapshot of the market from February 1 to February 28, 2009:

    Single Family Homes

    • 102 Homes Sold
    • Median Sale Price was $712,900
    • Minimum Sale Price was $209,000
    • Maximum Sale Price was $8,900,000
    • Median Selling Price was 101% of asking price
    • Median Days on Market was 42
    • Median Selling Price for homes that sold within 30 days was 101% of asking price

    Condominiums, Lofts & Co-ops

    • 73 Homes Sold
    • Median Sale Price was $707,000
    • Minimum Sale Price was $220,000
    • Maximum Sale Price was $3,125,000
    • Median Selling Price was 97% of asking price
    • Median Days on Market was 66
    • Median Selling Price for homes that sold within 30 days was 99.5% of asking price

    TIC’s

    • 14 Homes Sold
    • Median Sale Price was $762,500
    • Minimum Sale Price was $399,000
    • Maximum Sale Price was $1,550,000
    • Median Selling Price was 98% of asking price
    • Median Days on Market was 50
    • Median Selling Price for homes that sold within 30 days was 100% of asking price

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    About the Blog


    Luba’s San Francisco Real Estate Blog was created to share insights about San Francisco Real Estate and about San Francisco living. Written by Luba Muzichenko, an "almost-native" San Franciscan and a local Realtor® with Zephyr Real Estate, Luba’s San Francisco Real Estate Blog is meant to inform you about a variety of good things and happenings around SF and its unique neighborhoods, about buying and selling homes in the City and about the real estate market in general. If you like what you see, please tell a friend.

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    Luba Muzichenko
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    Zephyr Real Estate
    415-307-1392 (cell)
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