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.

With the holidays fast approaching, we will probably not see a spike in activity until early 2008, regardless if the Fed lowers interest rates today. Experts like Sir John Templeton see things getting worse for the housing industry, but that is the US as a whole, not San Francisco which has enjoyed somewhat steady activity.

Here are the numbers for this week: 10/31/07:

• 4 new listings (average price $2,428,250 - low $649,000, high $6,750,000)
• 8 ratified sales (pending) (average price $1,733,500 - low $450,000, high $4,395,000)
• 7 closed sales (sold) (average price $1,441,429 - low $726,000, high $3,250,000)
• 1 reduced at $919,000

- Janis Stone

posted by SFResidence.com @ 11:29 AM