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.

What a difference the week makes. After a lackluster start to March, this week had an exceptional number of ratified deals, while new listings remained about the same. As we predicted, the Spring market is coming alive.

Here are the numbers posted this week: 3/19/08:

• 6 new listings (average price $1,415,333 - low $549,000, high $5,000,000)
• 18 ratified sales (pending) (average price $1,159,972 - low $375,000, high $2,995,000)
• 7 closed sales (sold) (average price $1,351,071 - low $585,000, high $4,700,000, 1 confidential)
• 3 reduced (average price $1,116,000 - low $749,000, high $1,350,000)

- Mick Orton
Marketing Manger

posted by SFResidence.com @ 2:44 PM