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 the most elite agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive numbers.

Our listings are down compared to other years, but sales are still strong. Because listings are in such short supply, deals are bringing multiple offers in most cases.

Here are the numbers the week of 5/16/12:

• 3 new listings ($899,000, $1,500,000, $1,895,000)
• 21 ratified sales (pending) (average price $1,358,571, low $395,000, high $3,825,000)
• 14 closed sales (average price $865,571, low $300,000, high $1,925,000)
• 1 reduced ($750,000)

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 the most elite agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive numbers.

This week was not as active as the last several weeks, but numbers are strong for our office.

Here are the numbers the week of 5/9/12:

• 8 new listings (average price $1,078,429, low $575,000, high $1,350,000, 1 confidential)
• 12 ratified sales (pending) (average price $1,324,167, low $459,000, high $3,800,000)
• 14 closed sales (average price $2,270,929, low $405,000, high $7,200,000)

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 the most elite agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive numbers.

Once again this week shows strong numbers. The market numbers for April’s activity are also looking good with most categories of homes (single family, condo, TIC and Lofts) selling, on average, OVER 100% of the asking price. This usually happens where there are multiple offers. We can thank the low inventory for that. In other words there are more buyers than there are sellers. So if you have the idea that you want to sell, this is the market you have been looking for.

Here are the numbers the week of 5/2/12:

• 11 new listings (average price $1,514,727, low $599,000, high $3,825,000)
• 17 ratified sales (pending) (average price $1,788,938, low $279,950, high $6,388,000)
• 11 closed sales (average price $1,767,636, low $104,000, high $4,995,000)
• 1 Off Market Until Sept. ($1,495,000)

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 the most elite agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive numbers.

As Eugene Levy said in the movie Splash, “What a week I’m having!” The TRI office had an outstanding week of activity. New listings were way up over previous weeks, ratified deals held steady and closed sales were incredible.As we cruise toward summer look for the numbers to get even better. Inventory is low, so if you are thinking about selling, NOW is the time!

Here are the numbers the week of 4/24/12:

• 9 new listings (average price $2,412,333, low $599,000, high $13,000,000)
• 19 ratified sales (pending) (average price $2,006,442, low $315,000, high $7,495,000)
• 23 closed sales (average price $1,633,522, low $275,000, high $7,200,000)

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 the most elite agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive numbers.

Not much has changed from last week. We have the same number of new listings as we had then, and our ratified deals were also very good. Sold homes were up slightly, so it looks like we will have a good spring and summer market unless something unforeseen happens that messes things up. Something like increasing the transfer tax could dampen sellers’ enthusiasm.

Here are the numbers the week of 4/18/12:

• 3 new listings ($6,950,000, $1,659,000, $839,000)
• 15 ratified sales (pending) (average price $1,316,500, low $299,000, high $2,595,000, 1 confidential)
• 16 closed sales (average price $1,096,938, low $415,000, high $2,395,000)

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 the most elite agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive numbers.

Well, we had another great week for sales. Even though listings in our office are down from previous years, we are picking up properties listed by other companies in San Francisco. As we told you last week, properties are tending to garner multiple offers which ends up getting more than the asking price, something that is very rare in real estate. Not so in San Francisco.

Here are the numbers the week of 4/11/12:

• 3 new listings ($1,495,000, $1,699,000, 1 confidential)
• 22 ratified sales (pending) (average price $1,868,924, low $164,900, high $2,495,000, 1 confidential)
• 12 closed sales (average price $1,512,250, low $230,000, high $7,000,000)
• 1 price reduced ($17,500,000)

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 the most elite agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive numbers.

Once again this week brings us good news about the market. Listings are slowly picking up, but because of low inventory, we are seeing more and more multiple offers. Take a look at our Market Stats for March and you will see that every category except co-ops sold, on average, for MORE than the listing price!

Here are the numbers the week of 4/4/12:

• 6 new listings (average price $2,399,833, low $1,095,000, high $6,995,000)
• 14 ratified sales (pending) (average price $888,714, low $275,000, high $2,495,000)
• 21 closed sales (average price $1,748,457, low $461,000, high $4,400,000)

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 the most elite agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive numbers.

Just as we thought, things are starting to perk. Listings, pending sales and sold were all up significantly in just one week.

Here are the numbers the week of 3/28/12:

• 12 new listings (average price $1,800,250, low $325,000, high $7,495,000)
• 29 ratified sales (pending) (average price $1,317,207, low $365,000, high $4,995,000)
• 13 closed sales (average price $1,377,846, low $725,000, high $3,150,000)

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 the most elite agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive numbers.

As we move into spring, the market is picking up. Look at the number of new listings and you can see it is picking up. This should be a trend as things warm up. Here are the numbers the week of 3/21/12:

• 9 new listings (average price $2,088,000, low $339,000, high $6,995,000)
• 17 ratified sales (pending) (average price $5,734,877, low $345,000, high $3,995,000, 1 confidential, 1 lease)
• 6 closed sales (average price $794,583, low $355,000, high $2,090,000)

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 the most elite agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive numbers.

New listings still elude us. While buyers are hungry to find that perfect home, sellers are slow to step up to the plate. Could it be because they feel the housing market is still at a low point? if yours is a single family home under $2M you’re in a great spot. According to figures from the last 12 months, these have sold, on average OVER asking price. So what’s the hold up?

Here are the numbers the week of 3/14/12:

• 1 new listings ($1,499,000)
• 18 ratified sales (pending) (average price $1,123,821, low $279,950, high $3,395,000, 1 lease
• 8 closed sales (average price $1,412,875, low $465,000, high $3,900,000)