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.
What a difference a week makes. The market is doing relatively well, considering all the negative news from the economy. People still seem to have money to buy homes, and are doing so… in San Francisco. Look at the numbers and you will see a strong number of new listings, an equal number of ratified sales and almost as many closed sales. There is a feeling that the housing package will not really affect San Francisco since our prices are too high for the low loan limits of the government programs.
Here are the numbers for the week of 3/11/09:
- 8 new listings (average price $1,601,625, low $375,000, high $4,200,000, 1 TBD)
- 8 ratified sales (pending) (average price $1,500,500, low $725,000, high $2,985,000)
- 7 closed sales (sold) (average price $1,452,143, low $650,000, high $4,980,000)
- Janis Stone
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