Click here for San Francisco
Real Estate Featured Homes. |
|
|
||
|
|
|
|
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
|
Market Update: October-December 2002 The San Francisco Real Estate market has continued to improve in the fourth quarter. As the statistics show more properties have sold but the average listing price and selling price is lower than the last quarter. This indicates that the "lower" end of the market is moving the best. There is less difference between the listing price and the selling price which can indicate that buyers and sellers are coming closer to agreeing on value. Also, the properties that are selling are priced right! The Buyers still have bargaining power but the gap is closing! However, with the low interest rates now it is still a better time to buy than it has been in years!! It is a more "normal" market with choices for buyers and longer marketing times for sellers. Correct pricing for sellers is more important than ever. Here are some very interesting statistics: Fourth Quarter 2002
Third Quarter 2002
Six Month Average
*
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. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
