In San Francisco, Condos Buyers Emerge

During yesterday’s sales meetings, something unusual happened. After months of building inventory, we had our first week of more buyers than new listings. Here’s a little background and a look at what the most recent data is saying. Understanding Months of Inventory Months supply of inventory (MSI) is the measure of how many months it would take for the current inventory of homes on the market to sell, given the current pace of home sales. For example, if there are

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San Francisco Market Overview: September 2015

  September is historically the month San Francisco sees the greatest number of new listings come on the market, and this year it hasn’t disappointed! Since the 1st of the month, more than 800 single-family homes and condos have hit the market, blowing last year’s count out of the water. Further sweetening the situation for prospective home buyers, there are more condos for sale now than any time in the past two years and the most sub-million dollar single-family homes

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Triple-Digit Temps, Six-Figure Overbids

  It’s heating up — and I’m not just talking about the triple-digit temperatures around the Bay Area! More than 145 properties have come on the market in San Francisco in the past seven days, signaling what promises to be a heated post-Labor Day selling season for local real estate. September is historically the biggest month for new listings, and while some things change — year-over-year lower inventory, fewer average days on market, higher median prices, etc. — this looks

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Quantifying the ROI of San Francisco Real Estate

  Just how much have San Francisco home values increased since the market recovery began? Try 76 percent!     Clocking in at $1,160,000 and up half a million dollars since 2011, the growth of the city’s median combined home & condo price is nothing short of dramatic — and it’s not even the highest percentage appreciation in the Bay Area. Solano, Alameda and Contra Costa counties measure up with growth over 80%, and Oakland takes the cake at 133%. Checkout

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Sunset Boulevard Greenway Project

  Happy Earth Day! A trend is forming in San Francisco. Originating in the Outer Mission and approved in The Castro, The Sunset District has secured resident’s support of San Francisco Public Utilities Company’s storm water improvement project. Both SFPUC and local property values will benefit from the funding allotted to the improvement of sidewalk landscapes. To conquer “Greening” the environment, the beautification and storm control of The Sunset neighborhood began in early April. Initiative leader Supervisor Katy Tang of

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