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.

The talk this week was positive even though there was not a lot of activity the previous week. Agents feel that things are calming down as people accept the reality of the market. Deals are being made, and we should see activity start to pick up as summer gets closer. We’ll see.

Here are the numbers for this week, 1/29/08:

• 1 new listing ($2,700,000)
• 5 ratified sales (pending) (average price $958,600, low $600,000, high $1,125,900)
• 1 closed sales (sold) ($2,350,000)
• 2 price reduced ($740,000 and $3,450,000)

- Janis Stone