TRI Coldwell Banker San Francisco real estate statistics - last week in review
Our office at TRI Coldwell Banker at 1699 Van Ness in San Francisco 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.All signs point to a great spring market... provided we get the inventory. Last week the number of ratified deals in our office was over twice the number of new listings. Only one property was reduced so prices seem to be holding steady. Low inventory and high demand usually pushed prices higher, so if you are thinking of buying or selling, now would be a good time to think about jumping in. Here are the numbers for last week:
2/21/07
- 4 new listings (average price $2,012,500)
- 10 ratified sales (pending) (average ratified price $1,930,500)
- 10 closed sales (sold) (average closed price $1,359,363)
- 1 reduced ($1,295,000)
- Mick Orton
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