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.

This week showed continued improvement in the housing market for San Francisco. Surprisingly even though listings were down, our office ratified 16 deals meaning if we weren’t selling it, then we were representing the buyers. That’s good news since this is officially a buyers’ market and deals can be made.

Here are the numbers for the week of 6/17/09:

• 2 new listings ($419,000 and $959,000)
• 16 ratified sales (pending) (average price $1,679,814, low $389,000, high $6,750,000, 1 confidential)
• 11 closed sales (average price $1,115,545, low $499,000, high $1,950,000, 1 confidential)
• 6 reduced (average price $2,765,500, low $499,000, high $5,500,000)

- Janis Stone
DRE 00517072