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Janis Stone International President's Premier Realtor® 1699 Van Ness Avenue San Francisco, Ca. 94109 Business 415.229.1256 Toll Free 866.224.8024 Fax 415.771.1264
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November The San Francisco Real Estate Market for October kept pace
with September in the number of homes sold. The significant changes
were in the average listing prices. Although the percentages were up slightly
from last month, selling prices continue to be above the listing price
in all of the home categories. Traditionally the number of homes available
to buyers during the holidays (November, December, January and February)
falls dramatically resulting in low inventories. This season shows signs
that this will again be an incredible SELLER's opportunity. The number of Single Family Homes sold was up from the September,
and the listing price was nearly 17% higher. The average selling price
was steady at nearly 107% of the listing price. Despite the warnings of
a slow down, October was a strong month for single family home
sales. The number of Condominiums sold in October held steady from the previous month. Although the average listing price dipped slightly, the average selling price was more than 107% of the listing price, indicating multiple offer situations bringing the sale prices up over asking. The number of homes sold in the Overall Sales category also held steady for October. The average listing price was also up from the previous month, and the sales price was more than 106% of the listing price. Interest rates are continuing to remain low, but who knows for
how much longer? Don't miss out on your opportunity to buy or sell! San Francisco Real Estate continues to be a great investment! October 2004 **
September 2004 **
* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4 Units, and
5+ Units. Realtor.com is the official site of the National Association of Realtors® (NAR) and is a search engine for real estate nationwide. Realtor.com has all of San Francisco's listed homes and condominiums. |
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