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.

The summer lull is officially here, with regard to the Giants, new listings as well as the weather. The fickle finger of fog is back and has blanketed the City for about a week now. Warmer temperatures inland draw the cool, moist air in from the Pacific which is typical for this time of year. It's called natural air conditioning! This morning I used my lights and windshield wipers from Marin to our office. Yet even with the lack of new listings, agents in our office are continuing to sell homes to buyers. Our pending sales outpaced new listings by 4 to 1. Can you say shrinking inventory... again?

Here are the numbers for this week:

7/25/07

• 4 new listings (average price $837,750 - low $539,000, high $1,188,000)
• 16 ratified sales (pending) (average price $1,585,250 - low $559,000, high $6,800,000)
• 11 closed sales (sold) (average price $1,735,227 - low $599,000, high $5,775,000)

- Janis Stone

posted by SFResidence.com @ 11:11 AM