Articles Filed Under: Trends

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San Francisco Housing Inventory Update: 11/20/06

San Francisco Housing Inventory Update: 11/20/06

After peaking at ~1,600 active listings in the third week of October, the inventory of Active listed single family homes, condos, and TICs in San Francisco has declined about 19% over the past month (now ~1,300). A pronounced pre-Thanksgiving slowdown in new listings, the seasonal withdrawal of “un-motivated” sellers,... Read More »

Noe Valley Now On Sale?

Noe Valley Now On Sale?

From the latest edition of The Noe Valley Voice: “Noe Valley homebuyers took advantage of a retreating housing market to purchase real estate at less than full price…” And while that’s not exactly true (it’s the buyers, not the sellers, which determine a property’s “full price”), the Voice’s point... Read More »

San Francisco Median Sales Price Up MOM (But Down YOY)

San Francisco Median Sales Price Up MOM (But Down YOY)

According to DataQuick, the median sales price for existing homes in San Francisco was $771,000 last month, down 0.9% from $778,000 in October ’05, but up 3.4% from September ‘06. Sales volume was down 13.6% year-over-year (523 sales versus 605 in October ‘05), but remained strong compared to the... Read More »

Keeping Our Eyes On The Upper End Of The Market

We’re not going to belabor the point, but regardless of your budget, we think it’s worth keeping an eye on the multi-million dollar properties we often feature on SocketSite. The reasons stretch beyond design and decorating inspiration, beyond hints for marketing your property when the time comes, and beyond... Read More »

A Second Round Of Luxury Home Reductions

A Second Round Of Luxury Home Reductions

On the heels of the 3800 Washington’s $3,300,000 list price reduction, the list price for 2525 Webster was reduced for a second time (a total reduction of $500,000 or 7%). Other recent second round reductions for luxury properties include the penthouse at 1800 Gough Street (a total reduction of... Read More »

San Francisco’s One Thumb Up

San Francisco’s One Thumb Up

BusinessWeek gives San Francisco real estate a “thumbs up” in terms of “Value for the Long Run.” And while we agree, the jury is still out with regard to the near term. From BusinessWeek: Housing has gone from a sure thing to a complete muddle. Median prices fell nationwide... Read More »

SocketSite’s San Francisco Inventory Update: 10/30/06

SocketSite’s San Francisco Inventory Update: 10/30/06

Inventory of Active listed single family homes, condos, and TICs declined in San Francisco last week (down 2.9% since 10/16/06). The decrease marks the first such decline since Labor Day, and appears to be the result of both an uptick in new contracts (and withdrawn listings) combined with fewer... Read More »

The Scoop On 188 King Street: Now Selling Leasing

The Scoop On 188 King Street: Now Selling Leasing

The links are ours; the words are from a plugged-in tipster: First, you are right on, they have sold 12 units with the last two sales coming in the last few weeks. What is not public knowledge, however, is that five of those sales are units that have been,... Read More »

The Article (And The House)

The Article (And The House)

From the Chronicle: “After five open houses, a $40,000 price-cut and three months on the market, Leslie Nakajima hasn’t had a single offer on her three-bedroom house in Potrero Hill. Nakajima, who does public relations for tech firms, said she’s surprised it’s taking so long to sell.” “She was... Read More »

September San Francisco MLS Summary

September San Francisco MLS Summary

For additional “color” on yesterday’s DataQuick report, we pass along a tipster’s summary report of September MLS activity in San Francisco (Single-Family Homes and Condos). ∙ San Francisco Median Sales Price And Sales Volume Continue Declines Read More »