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.

It looks like buyers are starting to wake up. Maybe it's because the stock market is picking up steam, maybe it's the sunny weather or maybe it's just a change in attitude. Personally I think it may be that the constant drumbeat of negativity from the press has finally drained everyone's emotional reserves, and people are realizing that it is just not that bad to be living in the United States... no matter WHO is president!

At today's meeting there were a lot of new listings being announced as coming on the market in the next few weeks, so things could really start to heat up.

Here are the numbers posted this week: 2/27/08:

• 6 new listings (average price $1,334,000- low $549,000, high $2,800,000)
  
• 13 ratified sales (pending) (average price $1,132,615- low $395,000, high $2,895,000)
  
• 7 closed sales (sold) (average price $2,402,500 - low $690,000, high $8,500,000)
  
• 1 reduced price (price $1,699,000)

- Mick Orton
Marketing Director

posted by SFResidence.com @ 12:25 PM