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.

Well, it's starting. As we predicted in our last report, the market is beginning to pick up. Our summer weather is here and the fog is pretty much gone, like it is every year at this time. The holday is over, kids are back to school, people are back to work; everyone's finished with vacation, for the most part. On the whole we should see things pop until the end of November when we will get another traditional slow down through the first of the year.

In addition to the recorded new listing below, agents reported many new listings coming up in the next few days so inventory is starting to pick up. It's time to make hay while the sun shines!

Here are the numbers for this week: 9/5/07:

• 13 new listings (average price $982,923 - low $469,000, high $1,995,000)
• 6 ratified sales (pending) (average price $1,463,667 - low $745,000, high $2,500,000)
• 15 closed sales (sold) (average price $1,116,367 - low $517,000, high $3,000,000)

Keep in mind these number reflect 2 weeks worth of activity since there was no meeting last week. The next report should more accurately reflect our activity.

- Janis Stone

posted by SFResidence.com @ 7:07 AM