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 pretty good as far as sales go. We are still shy of listings which is why the sales numbers are, on average, over 100% of the asking price. Sometimes people get overly excited about a property they might have dismissed at another time in another market. However, as we said last week, everything is selling. Here are the numbers the week of 5/15/13:

• 5 new listings (average price $1,240,200, low $459,000, high $2,395,000)
• 6 ratified sales (pending) (average price $1,964,000, low $699,000, high $2,795,000)
• 12 closed sales (average price $1,872,042, low $550,000, high $9,500,000)

See you next report!

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.

In a market like this, everything sells! And what used to detract from buyers’ decisions don’t seem to matter as much as they used to. People just want to get into their own homes. The number of first time buyers is relatively small, while the bulk of sales are people moving up, paring down or coming from other areas. Many sales are for investment properties. Regardless, listings are key as inventory is low.

Here are the numbers the week of 5/1/13:

• 3 new listings ($1,600,000, $2,490,000, $4,950,000)
• 21 ratified sales (pending) (average price $1,329,423, low $469,000, high $3,495,000)
• 11 closed sales (average price $1,305,936, low $290,000, high $3,300,000)

See you next report!

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.

The San Francisco real estate market shows no signs of slowing. Single family homes under $2M are the biggest winner, though there is not much that is not selling quickly.

Here are the numbers the week of 4/24/13:

• 5 new listings (average price $2,153,800, low $525,000, high $5,750,000)
• 16 ratified sales (pending) (average price $1,892,500, low $350,000, high $8,980,000)
• 10 closed sales (average price $1,904,200, low $485,000, high $6,500,000)

See you next report!

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.

Even thought the weather is warm, the market is still hot. Practically everything is selling and for more than the asking price. It’s mostly because listings are scarce and buyers are eager to purchase.

Here are the numbers the week of 4/17/13:

• 4 new listings (average price  $936,500, low $549,000, high $1,949,000)
• 6 ratified sales (pending) (average price $1,174,500, low $699,000, high $2,450,000)
• 14 closed sales (average price $1,197,764, low $694,691, high $6,250,000)

See you next report!

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 said last week, the market is HOT. Listings are going off the shelf as fast as they come on and with multiple offers which drive the price up above the asking price. How long can it last? It’s anyone’s guess, but summer seems to be our busiest season, so it should stay busy until fall. But that’s just a rough estimate!

Here are the numbers the week of 4/10/13:

• 5 new listings (average price $2,287,000, low $700,000, high $5,495,000)
• 19 ratified sales (pending) (average price $1,988,579, low $599,000, high $5,750,000)
• 12 closed sales (average price $2,475,000, low $623,000, high $12,375,000)

See you next report!

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.

There just seems to be no slowing for our market. As we head toward spring, things will only get busier. Though inventory is low, deals are still getting made.

Here are the numbers the week of 3/26/13:

• 13 new listings (average price $1,836,308, low $475,000, high $8,980,000)
• 8 ratified sales (pending) (average price $2,773,750, low $629,000, high $13,500,000)
• 13 closed sales (average price $1,959,077, low $700,000, high $5,500,000)

See you next report!

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.

We had a decent week again.Nothing staggering or earth shattering but a nice steady activity just the same. As the weather improves we should see sales pick up. Our market is VERY strong, though listings are few.

Here are the numbers the week of 3/13/13:

• 6 new listings (average price $748,667, low $449,000, high $1,395,000)

• 8 ratified sales (pending) (average price $2,633,125, low $895,000, high $6,500,000)
• 9 closed sales (average price $1,060,875, low $330,000, high $2,449,000, 1 confidential)

See you next report!

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.

The office had another excellent week. And business should be starting to pick up as we head into spring. New listings are “flying off the shelf”. Our Mullen St. property was just listed and went into contract last night with an excellent offer.

Here are the numbers the week of 3/6/13:

• 13 new listings (average price $1,506,333, low $549,000, high $5,995,000, 1 confidential)

• 15 ratified sales (pending) (average price $1,776,867, low $700,000, high $5,399,000)
• 10 closed sales (average price $1,205,400, low $445,000, high $2,185,000)

See you next report!

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.

The numbers continue to be steady. It wasn’t a band up week ,but it was a decent one.

Here are the numbers the week of 2/27/13:

• 7 new listings (average price $1,773,333, low $699,000, high $3,695,000, 1 confidential)

• 6 ratified sales (pending) (average price $924,000, low $439,000, high $1,195,000)
• 6 closed sales (average price $1,909,833, low $555,000, high $5,050,000)

See you next report!

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.

The numbers are steady for this week. We are in our typical late winter lull, but as you can see, things are selling. Here are the numbers the week of 2/20/13:

• 4 new listings (average price $2,960,750, low $1,349,000, high $6,500,000)

• 11 ratified sales (pending) (average price $1,659,273, low $549,000, high $5,995,000)
• 11 closed sales (average price $1,223,617, low $275,000, high $2,825,000)

See you next report!