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July 4, 2007
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SFResidence.com | Newsletter Table of Contents |
HAPPY FOURTH OF JULY!! We are a little tardy with this month's report as we take a little time off here in our wonderful Lake Tahoe condominium and celebrate Independence Day. It's gives us time to reflect on how grateful we are for the opportunities we get from living in the United States.
For the past month I have noticed a slight cooling in some areas of the market here in San Francisco. Although prices held steady in June and the luxury market did very well, we did notice a decrease in the number of multiple offer situations.
Certain areas of San Francisco continue to be hotter than a firecracker (no pun intended). Noe Valley is a case in point. Renovated homes and condos in Noe Valley continue to sell in record numbers at record prices. So if you are thinking about buying or selling San Francisco real estate in this changing market, it's important to have an agent who has experience and understands any changes in market conditions. It could make all the difference.
I built a new home in Noe Valley in 2002-2004 at 946 Elizabeth and sold it in October of 2004 for $2,100,000. That was a top price at that time. The new owners added some of their own touches and improved that lower patio and yard. It just sold for $2,675,000. That is more than $850 a square foot and appreciation of about 10% a year (and that was in a "down market" according to the news media!). Noe Valley is a special neighborhood that has a wonderful neighborhood ambience with 24th Street shopping and easy access to downtown and the freeway to the south Bay. In addition, our local city government has made it practically impossible to demolish any property and build new or change the exterior of any building more than 50 years old. So what is existing is going to become even more valuable!
We still need your help with our Blog.
Drop by and participate in the discussions or ask questions. We'd love
to hear what you are thinking. Submit a question for the blog and we'll
give you your choice of available Giants tickets just for playing!
We are also a regular contributor to The
Front Steps blog, another Q&A site.
The July Real Estate Market Report
for June is now available on our website. June
sales histories may be seen here.
Want to vacation in North Lake Tahoe? We have a lovely 3 bedroom, 2 bath condominium available for rent in Tahoe City at St. Francis Lakeside, a lake front complex close to the boat ramp. It has been recently updated with new kitchen counters, floor and appliances, light fixtures, dining room furniture and more! Tahoe is an excellent place to get away from the fast pace of city live and enjoy nature. HURRY! This condo is on the market!
Want to sit on the beach on the Big Island of Hawaii? We have a fabulous 3 bedroom, 3 and 1/2 bath beach front condo at Waikoloa on the Big Island available for rent with ocean views and steps from the "A" Bay beach. Kolea is a gated community close to all of the amenities of Waikoloa-- swim with the dolphins, golf, swim, snorkel or just enjoy the sun. Send us an e-mail or call for details. HURRY! This condo is on the market!
Hello from Christine!
Here's
wishing you all the best over the 4th of July holiday!
An informative resource for Homeowners in San Francisco is http://www.sfbaywindow.com.
Check out this website to find out more information on a variety of topics,
from sidewalk repair to schools and school districts. You can also find
a link to this resource guide on our website, www.sfresidence.com.
Remember that we represent buyers and sellers at all price points and
in most areas of San Francisco. We love to help friends get established
in the market and make their first purchase -- it is exciting for all
of us. Buy a new home and make your own fireworks!
Interest Rates
Interest rates have been fluctuating a bit. Foster Weeks reports every Monday in his weekly newsletter and on our Blog.
Giants Tickets
As we head into the All Star break, we the following tickets for our seats
in Lower Box 121 row 40, seats 5 & 6 which we love to share
with clients and friends. If you are interested in any of the following
dates, e-mail Info and let us know
what date you prefer.
Regular Season Starts:
| Day: | Date: |
Time: |
Team: |
| Fri. | 13-Jul | 7:15 | LA |
| Wed. | 25-Jul | 7:15 | ATL |
| Fri. | 75-Jul | 7:15 | FLA |
| Mon. | 6-Aug | 7:15 | WSH |
| Tue. | 7-Aug | 7:15 | WSH |
| Wed. | 8-Aug | 7:15 | WSH |
| Fri. | 10-Aug | 7:15 | PIT |
| Sat. | 11-Aug | 6:05 | PIT |
LA = LA Dodgers, ATL = Atlanta Braves, FLA = Florida Marlins, WSH = Washington Nationals, PIT = Pittsburgh Pirates
Sales Activity
| Just Listed | |
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Noe Valley Condo Fabulously designer renovated top floor contemporary styled condo
in a 2 unit building with a Victorian façade on a prime block
of Noe Valley. High ceilings, open floor plan, two bedrooms, two
baths, fireplace done in Venetian plaster, family room leads to
exclusive deck and lovely common garden, 2 car parking. |
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For Sale
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Van
Ness Loft Condo Chic, contemporary loft style top floor condominium with stunning panoramic views of the City! Soaring 12' ceilings throughout, 1 bedroom, 2 baths, open living area with custom built in Murphy bed, desk & entertainment center, gourmet kitchen, island breakfast bar, hardwood floors, laundry, 1 car parking. Listed for $899,000 |
| Sale Pending | |
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Potrero Hill
Condo Tastefully designed to blend with the neighborhood, The Potrero is distinguished but discreet. Stroll down the central mews and two garden courtyards beckon on either side. Here, lush landscaping with an abundance of flowers and trees offers a peaceful respite from the urban bustle. Just inside is the state-of-the-art fitness center and Yoga and Pilates studio, for even greater well-being. And when your thoughts turn outward, grab a blanket and a bottle of wine and head to the rooftop deck, where the view of the city is as vast and brilliant as the stars. Buyer Represented - Listed for $799,000 |
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Pacific
Heights Condo Elegant, traditional style condominium overlooking a lovely garden with outdoor heated pool, one bedroom, remodeled bath, spacious public rooms including living room with wood burning fireplace, formal dining room, remodeled eat-in kitchen, office, and large storage room. Listed for $849,000 |
| Sold | |
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Corona Heights
Condo Located on a quiet tree lined street, this top floor, home-like three bedroom - one bath condominium with spectacular city views is a rare find. This renovated classic Victorian combines traditional details with a contemporary lifestyle layout. Relish sweeping views and a private deck opening out from the living/dining Great Room. Listed for $789,000 |
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Clarendon Woods
Condo Contemporary, remodeled townhouse condominium in a gated community with three bedrooms, two and one half baths, gourmet kitchen, formal dining room, large room down, fireplace, laundry, deck, two-car side by side garage. Listed for $995,000 |
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Laurel Heights
Condo Elegantly remodeled, three bedrooms, three bathrooms, living room with wood burning fireplace, formal dining room, terrace, eat-in kitchen, office, two car tandem parking, laundry, common yard with deck. Listed for $1,495,000 |
See you next month!
Janis Stone & Christine Serventi
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