TRI Coldwell Banker San Francisco real estate statistics - last week in review
SFResidence is part of the TRI Coldwell Banker office 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.You are probably going to say, "Tell us something we don't already know." But again it is the case where ratified sales outpaced our new listings by almost 1 and 1/2 times. Did we mention inventory is already unusually low for this time of year? So in response to these figures, multiple offers are more the rule than the exception. We are seeing very few price reductions. The opportunity may never be greater to have your property listed and get this much exposure!
With that said, here are the numbers for last week:
3/21/07
- 10 new listings (average price $1,979,100)
- 24 ratified sales (pending - average ratified price $1,715,565 - 1 confidential)
- 20 closed sales (sold - average closed price $1,159,950)
- 2 reduced (1 for $699,000 and 1 for $369,000)
- Janis Stone
posted by SFResidence.com @ 3:04 PM
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