San Francisco Real Estate - Residential

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 which 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.

After many weeks of frenzied activity the feeling is that the market may be slowing down, an unusual occurrence as summer draws near. Usually our summer market is booming, but if we don't have the inventory, that probably won't happen. We'll see what the next few weeks bring, but unless the listings are there to buy, Realtors have a hard time finding a new home for their clients. This week reports of multiple offers were there, but not as prevalent as in the recent past.

Here are the numbers for this week:

6/6/07

• 6 new listings (average price $1,436,167 - low $599,000, high $2,495,000)
• 11 ratified sales (pending) (average price $1,141,344 - low $539,000, high $2,150,000)
• 12 closed sales (sold) (average price $1,395,692 - low $636,300, high $3,250,000)

- Janis Stone

posted by SFResidence.com @ 1:05 PM