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The San Francisco Pacific Heights Real Estate Market Report - August 2008

Monday, September 22nd, 2008

In the month of August, there were four single family homes, thirteen condos, one TIC, and one stock coop that sold in Pacific Heights. This data is directly pulled from the San Francisco Multiple Listing Service. The following are the statistics for the averages of the sold properties for the month of August in Pacific Heights:

  Listing $ Sq Ft Listing $ per Sq Ft DOM Sale $ Selling Price/Sq Ft
Single-Family Homes (4) $4,235,000 3696 $1,068 25 $4,186,250 $1,071
Condo/Coop/TIC (15) $1,242,660 1529 $825 56 $1,245,693 $823

The following is the Average DOM (Days on Market) Breakdown and Average % of List Price received on Solds by market time.

  0-30 Days 31-60 61-90 91-120 120+
No. of Listings 8 6 3 1 1
Breakdown % 42.11 31.58 15.79 5.26 5.26
Average Sales Price % of List Price 101.06 97.33 97.96 92.93 98.85

If you have any questions regarding a particular property, or would like more information pertaining to your specific information, feel free to contact me. If you are in the market to purchase a property in Pacific Heights, you can search the SF MLS here. Note that Pacific Heights is District 7B. If you currently are a Pacific Heights homeowner, and would like to find your homes value, click here.

The San Francisco Marina Real Estate Market Report - August 2008

Wednesday, September 10th, 2008

A total of seven properties were sold in the Marina District in August of 2008.  The seven properties include three single family homes, three condominiums, and one TIC.  All data is taken from the San Francisco Multiple Listing Service.

Address

Sold

List Price

Sold Price

DOM

Bed/Bath

Square Footage

SFH - 2561 Chestnut

8/13

$1.795M

$1.8M

97

4/2.5

N/A

SFH - 239 Mallorca

8/08

$2.695M

$2.510M

60

3/4.5

2660

SFH - 2427 Bay

8/28    

$3.995M

$4M

52

3/2

1717

Condo - 3725 Webster

8/12

$1.595M

$1.5M

9

4/3.5 

N/A

Condo - 2145 Bay

8/01

$1.449M

$1.5M

12

2/2

N/A

Condo - 1962 Jefferson

8/26

$1.995M

$1.994,872

43

4/3

2388

TIC - 1955 Beach

8/8

$649,000

$649,000

29

1/1

989

 
The following is a statistical breakdown of the above information:
 
Single Family Homes (3)
 
  • Average List Price - $2,828,333
  • Average Sale Price - $2,770,000
  • Average Days On Market - 55
  • Average Square Footage - 2660
  • Average Selling Price Per Square Foot - $944
 
Condo/TIC (4)
 
  • Average List Price - $1,422,000
  • Average Sale Price - $1,410,968
  • Average Days On Market - 34
  • Average Square Footage - 1698
  • Average Selling Price Per Square Foot - $788
 
If you have any questions about this information, or would like more specific statistics pertaining to your individual situation, feel free to contact me today.  To search for homes in the Marina, click here.  Please not that the Marina is District 7A in the SF MLS.  To find out the value of your property in the Marina, click here.

San Francisco, CA Real Estate - Condominium Market Statistics - August 2008

Thursday, September 4th, 2008

For the month of August, a total of 191 properties sold that were a combination of condos, TICs, lofts and coops.  All of the information is derived from the San Francisco Multiple Listing Service.  If you need more area specific information, or would like to know stats on just TICs or just condos, contact me.  This information is provided as a general statistical overview, so that you can get an idea of what the condo/TIC/loft/coop market is like in San Francisco.
Beds Baths Sq Ft List Price Selling Price DOM
Minimum 0 0 0 $257,057 $250,000 2
Average 2 0 1,355 $841,744 $836,816 69
Median 2 1.5 926 $739,000 $725,000 52
Maximum 4 0 4,339 $6.25M $6.25M 317


The following is the average DOM (days on market) breakdown and average percentage of List Price received on Solds by time on the market:

 
 
0-30 Days
31-60 Days
61-90 Days
91-120 Days
120+ Days
No. of Listings
53
52
40
14
32
Breakdown %
27.75
27.23
20.94
7.33
16.75
Avg SP % LP
102.56
99.07
97.60
98.23
96.96
 

To search the San Francisco Mulitple Listing Service, click here.  To find out what the value of your San Francisco property is, click here.

San Francisco, CA Real Estate - Single Family Home Market Statistics - August 2008

Thursday, September 4th, 2008

For the month of August, 2008, 185 single family homes were sold in the city and county of San Francisco.  The statistics here are derived directly from the San Francisco Multiple Listing Service.  The following are the statistics for the month of August:
 
 
Beds
Baths
Sq Ft
List Price
Selling Price
DOM
Minimum
0
0
660
$374,900
$409,000
0
Average
3
0
1,745
$1,124,189
$1,122,625
56
Median
3
2
1,300
$829,000
$850,000
35
Maximum
8
0
6,250
$5.5M
$5.3M
663
 
The following is the average DOM (days on market) breakdown and average % of list price received on solds by time on the market:
 
 
0-30 Days
31-60 Days
61-90 Days
91-120 Days
120+ Days
No. of Listings
82
44
25
16
18
Breakdown %
44.32
23.78
13.51
8.65
9.73
Avg SP % LP
103.37
99.60
96.33
97.96
92.85
 

 Note that properties that were on the market for 30 days or less commanded 3.37% over their asking price.  It is crucial to price strategically.  If you need statistics more specific to your particular situation, contact me today.  To search the San Francisco MLS, click here.  To find out the current value of your home, click here.

The Nob Hill San Francisco Real Estate Market Report - August 2008

Monday, September 1st, 2008
In the month of August, six properties sold in the Nob Hill district of San Francisco.  Five condominiums and one TIC (tenancy in common) sold.  This information is derived from the San Francisco MLS.  The following are the sold properties in Nob Hill for the month of August:
 
Type Sold Date List Price Sold Price DOM Address Bd Ba
Condo 8/1/08 $549,000 $549,000 20 120 Joice St. #301 1 1
Condo 8/22/08 $599,000 $570,000 76 1720 Clay Street #3 1 1.5
Condo 8/25/08 $579,000 $575,000 36 1177 California St. #1204 1 1
Condo 8/15/08 $799,000 $788,000 272 1177 California St. #1112 1 1
Condo 8/29/08 $999,000 $955,000 35 1254 Washington St. 3 1.5
TIC 8/14/08 $499,000 $475,000 214 31 Reed St. 1 1

 

The following are the statistical averages for the above information:
 
  • Average List Price: $670,667
  • Average Sold Price: $652,000
  • Average Days on Market: 109
 
Search Properties in Nob Hill.  Nob Hill is District 8C.
 
Find out your what your home is worth in Nob Hill.
 
Related Category: Nob Hill  
 

The San Francisco Mission Bay Market Report - July 2008

Sunday, August 31st, 2008

In the month of July, 18 properties sold in Mission Bay.  All were condos except for one loft.  All of the sold information is derived from the San Francisco MLS

The property with the lowest sold price for July is 260 King Street #653.  This studio condo was listed at $445,000 and sold for $423,000 after being on the market for 53 days.  The property with the highest sold price for July is 330 Mission Bay Blvd #606.  This 2 bedroom, 2 bath 1772 square foot condo was listed at $2,347,900 and sold for $2,277,463 after being on the market for 29 days. 

The following is are the statistical averages for the sold properties for the month of July in the Mission Bay district in San Francisco:

  • Average List Price – $1,082,761
  • Average Square Footage – 1334
  • Average List Price per Square Foot – $841
  • Average Days On Market – 41
  • Average Sale Price – $1,039,749
  • Average Selling Price per Square Foot – $811

If you are interested in searching Mission Bay properties for sale, click here.  Be sure to note that Mission Bay is considered district 9D in the MLS.  If you are considering selling your property in Mission Bay, click here.  For more detailed statistics, contact me today.

The San Francisco Nob Hill Real Estate Market Report - July 2008

Tuesday, August 26th, 2008

Nob HillIn the month of July, there were 11 properties sold in Nob Hill.  Four condos, two stock cooperatives, and five TICs.  This information is derived from the San Francisco MLS.  The following are the sold properties in Nob Hill in order by type of property:

Type
Sold Date
List Price
Sold Price
DOM
Address
Bd
Ba
Condo
7/9/08
$639k
$645k
16
1810 Polk #203
1
1
Condo
7/25/08
$795k
$788k
32
1635 California #21
2
2
Condo
7/17/08
$899k
$975k
9
10 Miller #901
2
2
Condo
7/28/08
$1.495M
$1.48M
77
1177 California #309
2
2
Stock Coop
7/1/08
$599k
$590k
41
1201 California #304
1
1
Stock Coop
7/23/08
$1.995M
$2.308M
36
1200 California #15B
2
2
TIC
7/28/08
$269k
$265k
77
1155 Leavenworth #7
0
1
TIC
7/10/08
$279k
$275k
8
1155 Leavenworth #16
0
1
TIC
7/15/08
$534k
$515k
175
1336 Leavenworth
1
1
TIC
7/17/08
$799k
$799k
95
1466 Broadway
2
2
TIC
7/11/08
$809k
$809k
76
1464 Broadway
2
2

The following are the statistical averages for the above information.

  • Average List Price – $828,364
  • Average Sale Price – $859,000
  • Average Days On Market – 58

If you are interested interested in searching Nob Hill Properties for sale, click here.  Nob Hill is considered District 8C in the San Francisco MLS.  Find out what your home is worth in Nob Hill.  Contact Me today.

The San Francisco Inner Mission District Real Estate Market Report - July 2008

Thursday, August 21st, 2008

For the month of July, two single family homes, 11 condominiums, three lofts, and two TICS sold.  This information is per the San Francisco Multiple Listing Service.  The following are the statistics derived from the sold information for the month of July, and represent the averages:

(more…)

The San Francisco Marina Real Estate Market Report - July 2008

Tuesday, August 19th, 2008

Four properties were sold in the month of July in the Marina District, also known as District 7A in the San Francisco MLS. All data is pulled directly from the San Francisco Multiple Listing Service.

Sold
List Price Sold Price
DOM Address Bed Bath Sq Ft
7/31 $499,000
$475,000 108 2367-A Bay St. 1 1 N/A
7/16 $979,000 $979,000 8 3515 Buchanan #306 2 2 1338
7/17 $1,325,000 $1,400,000 7 2165 Beach St #3 2 2 1614
7/28 $1,749,000 $1,749,000 38 3425 Divisadero St. 3 2 2014

The following is a statistical breakdown of the above information: (more…)

San Francisco, California Real Estate - Condominium Market Statistics - July 2008

Monday, August 4th, 2008



Condominiums in San Francisco are a whole different animal than single-family homes for a variety of reasons.  There are also several different types of condos in this unique city.  The following are the statistics for sales of condominiums in the month of July in San Francisco.  If you are looking to buy or sell a condo in San Francisco, please contact me for a more specific analysis.  Remember, prices vary depending on factors such as: area, new or old construction?, potential for condo conversion, etc.  These statistics show how the condominium market, as a whole, fared in the month of July.


Beds
Baths
Square Feet
List Price
Selling Price
DOM
Minimum
0
1
491
$249,000
$210,000
0
Average
2
1.69
1,280
$888,763
$891,815
55
Median
2
2
1,142
$795,800
$795,000
40
Maximum
4
3.5
3,200
$3.495M
$5M
226


The following is the average DOM (Days on Market) breakdown and average % of List Price received on Solds by market time:


0-30 Days
31-60 Days
61-90 Days
91-120 Days
120+ Days
Number of Listings
36.07
32.42
14.16
6.85
10.50
Breakdown %
36.07
32.42
14.16
6.85
10.50
Average Sales Price % List Price
102.20
100.75
98.38
96.79
97.64


Hence, the longer your property stays on the market, the lower the percentage of your list price that you receive will be.  Also, remember that you are incurring costs while your property sits on the market.




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