SFResidence is part of the TRI Coldwell Banker office at 1699 Van Ness in San Francisco which is one of the premier offices in the City and has the market share numbers to prove it. We have some of the top agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive numbers.

But not this week! There’s a reason they call it “Summertime Blues”. Agents and clients take this time to go on vacation to get ready for the usualy busy fall market. Strange as it may sound, our warmer weather starts when summer is over! Right now, San Francisco is socked in with fog and has been for the last week or so. As the weather cools, so has the market. Sales have slowed, but are poised to come back in the fall.

Here are the numbers posted this week: 7/30/08:

• 4 new listings (average price $1,509,750 – low $525,000, high $2,800,000)
• 4 ratified sales (pending) (average price $1,132,000 – low $860,000, high $1,398,000)
• 6 closed sales (sold) (average price $1,444,167 – low $975,000, high $3,150,000)

- Janis Stone