// --> // --> San Francisco Real Estate - Residential: TRI Coldwell Banker San Francisco real estate statistics - last week in review

Thursday, March 01, 2007

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.

Once again, the pending sales outnumbered the new listings by over 2.5 times. There are more and more reports of multiple offer situations. Many of them on homes which have been on the market for a period of time. All of a sudden 3-4 offers come in at the same time on properties that have been listed over 45 days. If you are thinking about selling, this could be a GREAT time! Here are the numbers for last week:

2/21/07
  • 9 new listings (average price $1,548,778)
  • 26 ratified sales (pending) (average ratified price $1,429,923)
  • 10 closed sales (sold) (average closed price $1,310,800)
  • 1 back on market ($384,000) - no, that price is NOT a misprint!

- Janis Stone

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