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.

Not much has changed since last week other than the number of new listings is slowing down. This is to be expected and will probably continue as we head toward the holidays. Even so, our office has been ratifying offers. The general feeling is that buyers are starting to come to the realization that we may have hit the bottom and are stepping up and making offers.

Here are the numbers for the week of 10/21/09:

• 2 new listings ($525,000 and $789,000)
• 13 ratified sales (pending) (average price $1,499,000, low $439,000, high $3,800,000, 1 confidential)
• 17 closed sales (average price $1,472,971, low $320,000, high $4,400,000)

- Janis Stone – DRE 00517072