Market Updates
228-230 Liberty is a good case study!
As we all see today, San Francisco real estate values and prices are changing at record speeds. An interesting example of this is 228-230 Liberty Street. This property was on the market last year at $1,380,000 with tenants in each unit. The sellers bought out the occupants and put [...]
A few weeks ago we welcomed 23 new condos at 2200 Mission to the neighborhood, and since then more sellers/developers have decided to forget rentals and sell, sell, sell instead!! I’d have to say the neighborhood is feeling the buzz of four additional new condo developments that were welcomed to the neighborhood!
Let’s start the tour [...]
Attention condominium Buyers, post Lehman Bros., how many of your agents have shown, let alone spoke with you about TICs ? I’m guilty of avoiding TICs as well, but I feel that it’s now time to change the negative attitude that agents and their clients have towards them. TICs are priced lower than their condominium [...]
Just the facts:
Here is data for December 2008 of Single Family Homes and Condos. You may ask: ‘Why the lag time in seeing December data this far into January’? The MLS is, for the greater part, data input by its subscribers and agents. While the listing date or closing date is specific, the data is [...]
Interesting enough, 17 sellers left their hearts in the Inner Mission and our neighborhood welcomed 17 new single family homeowners.  In the year 2008 a total of 17 single family homes exchanged ownership in this warm neighborhood. As for multi unit/investment buildings (2 or more units), 32 investment/transactions were made. Welcome to the neighborhood investors and single family [...]
The big question these days is “When will we hit the bottom?” in San Francisco.  Are you the one who will begin ground zero??? The answer lies in the next wave of comps that will lay the ground for the upcoming year.  But when will we have those comps???? There is so much pent up [...]
Just the facts:
For you data junkies out there, here are charts of condo sales, prices and inventory data for November 2008. This data is highly customizable (districts, neighborhoods, time-frames, etc). I’ll plan to post the city-wide condo data on a monthly basis but upon request can easily post data that is more specific if folks [...]
Inventory is low and there are significant gaps in the real estate sales market in some of San Francisco’s best known and most loved neighborhood which opens a window of opportunity for sellers.
For Cole Valley real estate (district 5e), at the moment, the lowest price condominium available is at 615 Belvedere for $1,025,000. It is in fact the ONLY condominium [...]