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.

Though not as robust as last week, our market activity in this office was reasonably good. Sales are holding steady despite the weak economy. This indicates that San Francisco is a little more sheltered from turbulent times than other areas where there is land upon which to build. As we move toward summer we should see more and more new listings coming on the market.

Here are the numbers for the week of 3/10/10:

• 4 new listings (average price $1,828,250, low $699,000, high $4,950,000)
• 15 ratified sales (pending) (average price $1,790,600, low $489,000, high $6,950,000)
• 9 closed sales (average price $1,085,833, low $535,000, high $2,122,000)

- Janis Stone
DRE #00517072

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 gist of the marketing meeting this morning was that multiple offers are becoming more and more common. Our research from February shows that the winning category is single family homes under $2M where average sales price versus average listing prices as over 100%! As the staggering economy is perceived as the “norm”, perhaps we will be seeing a stronger real estate market as summer approaches.

Here are the numbers for the week of 3/3/10:

• 6 new listings (average price $1,650,667, low $549,000, high $4,498,000)
• 17 ratified sales (pending) (average price $1,239,176, low $599,000, high $4,500,000)
• 14 closed sales (average price $1,295,607, low $401,000, high $3,195,000)

- Janis Stone
DRE #00517072

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.

Like I said two weeks ago, the number of listings does not reflect the amount of business that goes through our office. As you can see by the ratified deals, that we had a good week. Not only that, but we are again seeing multiple offer situations. Someone out there has money to buy because many of them are all cash deals. Why? There is a  lot of money in the Bay Area, so it sure isn’t the first time buyer tax credit. The surprises are the multiple offers! Could San Francisco real estate be back? Time will tell!

Here are the numbers for the week of 2/24/10:

• 2 new listings ($2,450,000, $3,990,000)
• 10 ratified sales (pending) (average price $1,445,375, low $599,000, high $2,398,000, 2 confidential)
• 7 closed sales (average price $1,928,714, low $895,000, high $3,995,000)
• 1 reduced ($479,000)

- Janis Stone
DRE #00517072

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.

Here are the numbers for the week of 2/17/10:

• 8 new listings (average price $1,688,750, low $789,000, high $3,399,000)
• 15 ratified sales (pending) (average price $1,577,714, low $350,000, high $5,200,000, 1 confidential)
• 5 closed sales (average price $1,401,200, low $911,000, high $1,895,000)

- Janis Stone
DRE #00517072

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.

It was another slow week for listings, but pretty good one for ratified sales. When you see numbers like these it is pretty clear that many of the sales are coming from TRI representing the buyer side of the transaction. That means we are involved in more transactions than any other broker in the City.

Here are the numbers for the week of 2/10/10:

• 4 new listings (average price $1,303,500, low $599,000, high $2,595,000)
• 10 ratified sales (pending) (average price $1,205,333, low $659,000, high $1,999,000. 1 confidential)
• 3 closed sales ($575,000, $1,075,000, high $2,900,000)
• 2 reduced ($1,995,000 and $4,595,000)

- Janis Stone
DRE #00517072

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 are holding steady in the San Francisco market. Compared to a year ago, we are doing quite well. In spite of unemployment numbers going up again, our market seems to be insulated. If you are waiting for the bottom to buy, now would be a good time to make your move. They are talking about raising interest rates.

Here are the numbers for the week of 2/3/10:

• 7 new listings (average price $1,327,286, low $399,000, high $2,795,000)
• 10 ratified sales (pending) (average price $1,410,500, low $189,000, high $2,995,000)
• 5 closed sales (average price $1,695,000, low $780,000, high $2,900,000)

- Janis Stone
DRE #00517072

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.

January is starting off strong in spite of the massive foreclosures in other areas. While much of California is hard hit, San Francisco seems to be a cut above the others and somewhat immune to this problem. That is not to say it can’t happen, but short sales and foreclosures are not that common.

Here are the numbers for the week of 1/27/10:

• 7 new listings (average price $7,865,714, low $995,000, high $45,000,000 – no that’s not a misprint!)
• 18 ratified sales (pending) (average price $1,911,333, low $485,000, high $3,995,000)
• 3 closed sales ($280,000, $554,320, $1,575,000)

- Janis Stone
DRE #00517072

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.

In short, it is picking up after the holiday lull, but is not there yet. My source at one of the disclosures sites tells me that requests are coming in more frequently for new accounts which would suggest that more listings are on the way.

Here are the numbers for the week of 1/20/10:

• 3 new listings ($869,000, $879,000 and $1,300,000)
• 9 ratified sales (pending) (average price $1,394,667, low $559,000, high $3,495,000)
• 4 closed sales (average price $1,224,472, low $620,000, high $2,950,000)

- Janis Stone
DRE #00517072

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.

But not this week. On the ride into the office today I heard consumer confidence was down radically. This trickles down to the housing market. So when I saw the activity sheet for this morning, I was not surprised to see the lackluster numbers. Next week will be the real indicator as to how our market is behaving. Check back next Wednesday.

Here are the numbers for the week of 1/13/10:

• 0 new listings
• 9 ratified sales (pending) (average price $918,000, low $479,000, high $2,495,000)
• 3 closed sales (average price $877,167, low $680,000, high $1,099,000)

- Janis Stone
DRE #00517072

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.

The numbers below represent activity that happened over the three weeks since December 16th. So though the sales and ratifieds are impressive, they should be averaged out over three weeks. That said, let’s see what next week brings. It could be an indicator of how 2010 is going to go. Stay tuned!

Here are the numbers for the week of 1/6/10:

• 2 new listings ($750,000 and $2,550,000)
• 13 ratified sales (pending) (average price $1,260,717, low $469,000, high $3,300,000)
• 22 closed sales (average price $1,310,841, low $429,000, high $2,910,000)

- Janis Stone
DRE #00517072