Interest rate chart for the last six months
January 25, 2010
Here is the interest rate chart (for the last 6 months) pulled today from bankrate.com.
Click on the image for a full-size view.
Hello Rainy Season… Upcoming Listings
January 21, 2010
Upcoming listings:
$890,000 // SOMA // 1st Street BR/BA: 1/1 PKG: 1 Brief Description: Stunning elegant 1 Bedroom Deluxe floor plan with nook and lots of upgrades
$829,000 //Dolores Heights // Liberty Street BR/BA: 2+/1 PKG: 0 Brief Description: Top floor, Edwardian condo. 2BD; office; open living/kitchen, deck, w/fantastic views of Headlands; Downtown; Bay & Bridge. Beautiful period detail: boxed beam ceilings; fireplaces & mantels; built-ins; etc
$525,000 // Lone Mountain // Stanyan BR/BA: 1 /1 PKG: 1 Brief Description: Spacious contemporary condo in excellent neighborhood. Open floor plan, dining room & updated kitchen and bath. Move-in condition!
Upcoming Listings and a whole host of Unusual Buyer Needs
January 14, 2010
Upcoming Listings:
$1,095,000 //SOMA // 5th Street BR/BA: 2/2 PKG: 1 Brief Description: One-of-a-kind custom live/work loft in former warehouse. 24’ ceilings, fireplace, over 1,620 SF. 6 min to BART, 8 to Union Square
$779,000 // Inner Mission // Shotwell Ave Brief Description: 4-Unit building Contractor’s special- great investment. At least 1-unit vacant, Bankruptcy sale, no parking
$595,000 //SOMA // 6th Street BR/BA: 1/2 PKG: 1 Brief Description: Stylish spacious loft with downtown view, full bath on living & mezzanine levels, gas kitchen, 15-unit elevator building
$499,000 //SOMA // First Street BR/BA: 1/1 PKG: 1 Brief Description: Nice junior 1-bedroom condo with west-facing city views. Great condo for first-time buyers or for pied-a-terre
(more…)
Fast Facts
January 13, 2010
(Editor’s Note: Set forth below are Unit Sales/DOM/Monthly Supply charts for the month of November for single-family homes, condominiums and 2-4 units, as well as Supply/Demand, Sales Rate and Median Price charts for the same month.)
Single-Family Homes
Condos
2-4 Units
After 5 years…
January 13, 2010
In 2009, its 5th year in business, Paragon…
- #3 in unit sales
- #4 in dollar volume sales
- Lowest in Days on Market as Listing Agent (of top 10 brokerages)
- Highest Sales Price to original List Price percentage as Listing Agent (of top 10)
- Average home sales price: $929,000
Resource for Mortgage Rate Trend Information
January 11, 2010
Here is a resource for information on mortgage rate trends. Bankrate.com provides a tool for creating simple charts in a variety of types for periods of 3 months to 5 years. Sometimes it’s nice to have a simple chart, and there are so many situations in which this could come in handy.
The Market Crash – Graphically Put
January 8, 2010
There has suddenly been a lot of talk in the media about how, based upon December numbers, the housing market is faltering – and there’s talk of a “double-dip” and so on. Honestly, I have no idea what the future holds, but drawing big conclusions from 1 month’s data is nonsensical. In any case, here is a chart of SF listings going under contract. December’s ratifications did fall from the autumn, as they always do, but comparing the numbers to not only last year (crash) but to 2007, we see that December 2009 was not particularly weak, at least not here in SF.
Hello Market, Welcome to 2010…Upcoming Properties
January 7, 2010
Upcoming listings:
$1,475,000// NoeValley // 27th Street BR/BA: 3/2 PKG: 2 Brief Description: Lovely remodeled Victorian SFD with family room, walk-out deck and garden.
$725,000 //Noe Valley // 27th Street BR/BA: 2+/1 PKG: 1 Brief Description: Very nice top floor condo in a 2-Unit building with lots of architectural detail Formal LR, large kitchen, den with deck access, w/d, great location! FIRST OPEN- Sunday 1/17 but can show it prior
$585,000 //Outer Parkside // Wawona BR/BA: 3/2 PKG: 2 Brief Description: Ocean view full floor contemporary condo in 2-Unit building, in-unit w/d, hardwood floors, granite kitchen, and storage. EASY to show!
$499,000 // Mission Dolores // Linda St BR/BA: 1/1 PKG: 0 Brief Description: Charming Edwardian condo in Mission Dolores nestled between Dolores Park and the Valencia Corridor. Top floor, period details, hardwood floors, updated kitchen with granite counters and stone floors. Cute!
$475,000 // Lake Merced // S. Lake Merced Hill #3B BR/BA: 3/2 PKG: 1 Brief Description: One level condo in elevator bldg.1474 sqft/tax records. Pool/tennis cts etc.
Pocket Listings:
$499,000 //Lower Pac Heights // Pine Street BR/BA: 1/1 PKG: 1 Brief Description: Lovely condo in a newly converted 4 unit building with leased parking. Will be putting into MLS once condo financing is complete (within a few weeks).
$TBD // Lake St. Corridor // 200 block of 27th Ave BR/BA: 3/2 PKG: 1 Brief Description: 3 story townhouse just blocks from Sea Cliff. Designed by award-winning architect Daniel Solomon in 2000 will be priced at $825k-ish.
Price Reduction:
$599,000 Old Price: $649,000 Neighborhood: Bernal Address: 743 Ellsworth BR/BA: 2/1 PKG: 0 Brief Description: This unit has a vacant in-law.
Unusual Buyer Need:
Price Range: < $2,700,000 Neighborhood: Lake, Jordan Park, Laurel Heights, Pacific Heights, Presidio Heights and Cow Hollow Brief Comments: Motivated buyers looking for family home BR/BA: 3+/2+, 2500+ sq ft. doesn’t have to be perfect, but no major fixers. Let me know if you have anything coming up or as a pocket listing Agents: Mike Murphy & Sue Schultes Ext: 7054 &7053
Price Range: < $1,600,000 Neighborhood: Mission Dolores, Eureka/Castro Brief Comments: Looking for a 2-unit fixer with 2-levels. 3+BR upper flat and 2+ BR lower flat—all vacant. PKG: 2-3
Price Range: < $1,500,000 Neighborhood: Marina, Pacific Heights, Russian Hill and Lake Brief Comments: Looking for a renovated condo, min 1700 sq.ft. parking and charm (high ceilings, etc). Will consider Noe and Cole Valley if single-family home.
Association Offers Services to Public, Too
January 6, 2010
Although the primary purpose of the San Francisco Association of REALTORS® is to offer business services and legislative representation to REALTORS® in San Francisco and surrounding areas, it also provides a variety of information services to the public to strengthen the connection between REALTORS® and consumers. Those services are described below.
District/Subdistrict Map
The district/subdistrict map, a longtime staple of the MLS operated by the San Francisco Association of REALTORS®, was last updated in 2009. The map defines neighborhoods and subneighborhoods, albeit unofficially, to allow listed properties to be searched by district and subdistrict, instead of street name or map coordinates. The boundary lines and district/subdistrict descriptions that were changed on the map most recently reflect changes in the nature and feel of the city’s neighborhoods. (more…)
January 2010 Update
January 2, 2010
The data below is from sources deemed reliable but may contain errors or omissions, and is not warranted. Sales not reported to MLS (such as many new-development condo sales) are not reflected in these statistics. Median prices may fluctuate for other reasons besides changes in value.
http://www.paragon-re.com/Docs/General/SixtyFortyImages/1-10_Median_Price_by_Prop_Type.JPG
SF Median Home Price by Property Type
Depending on neighborhood, SF home values peaked in 2006, 2007 or 2008, then declined dramatically in the 2nd half of 2008 (especially after 9/15/08), and then recovered (somewhat) with the surge in sales that began in spring of 2009. The increase in TIC median price in the 4th quarter of 2008 and the 1st quarter of 2009 is an anomaly: very few sales occurred and they do not reflect the reality that TIC values also fell during this period. (A good example of how median prices can fluctuate.) The main point of the chart is the stability of house and condo median prices in the 2nd and 3rd quarters of 2009, and the uptick seen in the 4th quarter. It is too soon to reach definitive conclusions, but it appears that buyer demand is fueling a small increase in values.
(more…)
District Map
