SFCondoMap and SFCAHomes Blog

Tagged "Condos"

SFCondoMap and SFCAHomes Blog

Blog by Scott Pierce

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SFCondoMap and SFCAHomes Blog

September Condo Market Wrap

Nov. 10, 2007

Categorized in: Market Stats

Tagged with: condos, price, real estate, san francisco

San Francisco's September Condo Sales Activity for 2007 vs. 2006.
(From the San Francisco Association of Realtors)

(Click on the image to the left for a PDF of the report)

In the Richmond District the number of sales was up as were prices while days on market were less.

District 5 (Noe & Eureka Valley, etc) saw prices go from an average of $775,775 in 2006 to $936,000 in September 2007. There were 21 sales Sept. 2007 vs. 38 in 2006. But...days on market was much lower at 27 vs. 47 in '06.

In District 7 (Pac Heights et al) 19 condominiums sold averaging $1,261,000 with only 33 DOM. In 2006 20 properties sold averaging $907,500 at 38 DOM.

District 9 came in lower this September with 46 places selling at an average of $732,000 and 55 DOM vs. 50 condos selling at a $758,750 average last September at 60 DOM.

The high end of ALL MARKETS are selling very well. 1 bedrooms seem to be harder to sell, especially in bad areas, bad locations, bad floor plans....any excuse not to buy something, buyers will not buy.

But a 1-bedroom bankruptcy sale at the Metropolitan (District 9) hit the market two weeks ago in a bad location and not cheaply priced and it went Pending in 2 days.

So who knows? There are a lot of investors from all over California in San Francisco. As well as investors/buyers from all over the United States, Central & South America, Asia, Europe, etc (lots of everyone here).

Which is how San Francisco has always been. But now people from around the world do not have to uproot their lives to get their fill of San Francisco. They can just buy a condo or house and visit a couple of times a year.

In addition the job market is still strong. Many of our clients are moving or have moved to San Francisco because of job transfers or accepting new jobs for more money.

As long as the job market is strong in San Francisco, and international markets are doing well, allowing foreign buyers, the market will be fine.

And for the foreseeable future, both of these indicators seem strong.

One thing we are not seeing anymore of are people trying to flip properties in San Francisco.

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Condominium Sales By District: September 2006 vs. September 2007

Oct. 24, 2007

Categorized in: Home Buying

Tagged with: condominiums, condos, real estate, san francisco

Fast Facts from the San Francisco Association of Realtors, 10/23/07.

Condominiums

District 1	September 2006	September 2007
Number of Sales	5	7
Median Selling Price	575,000	700,000
Average DOM	74	50

District 2	September 2006	September 2007
Number of Sales	1	2
Median Selling Price	949,000	703,500
Average DOM	39	57

District 3	September 2006	September 2007
Number of Sales	3	3
Median Selling Price	569,000	517,000
Average DOM	61	40

District 4	September 2006	September 2007
Number of Sales	5	3
Median Selling Price	580,000	411,000
Average DOM	44	38

District 5	September 2006	September 2007
Number of Sales	38	21
Median Selling Price	775,775	936,000
Average DOM	47	27

District 6	September 2006	September 2007
Number of Sales	14	16
Median Selling Price	667,000	752,500
Average DOM	50	45

District 7	September 2006	September 2007
Number of Sales	20	19
Median Selling Price	907,500	1,261,000
Average DOM	38	33

District 8	September 2006	September 2007
Number of Sales	19	16
Median Selling Price	625,000	612,500
Average DOM	53	38

District 9	September 2006	September 2007
Number of Sales	50	46
Median Selling Price	758,750	732,000
Average DOM	60	55

District 10	September 2006	September 2007
Number of Sales	5	3
Median Selling Price	514,000	480,000
Average DOM	76	51

District 11	September 2006	September 2007
Number of Sales	6	5
Median Selling Price	697,500	310,000
Average DOM	53	62

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270 Valencia St: Neighborhood Map

Sep. 24, 2007

Categorized in: Home Buying

Tagged with: 270 valencia, condo, condominiums, condos, real estate, san francisco

This is a map of places we like, and we recommend everything on here personally.

(Note, you can pan east, west, north and south, and zoom in and out just like any other Google map. Click Legend, show marker titles to see the titles on top of each icon)

Click each icon for pictures, information, directions and website for each place!

Explore weddings, venues, and vendors in San Francisco, CA, USA CommunityWalk Map - 270 Valencia Street

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Selling your property......

Categorized in: Home Selling

Tagged with: condominiums, condos, lofts, real estate, san francisco, selling

Bringing the best together for condominium and loft sellers in San Francisco:


SFCondoMap.com is a leading source for buyers looking to buy condominiums and lofts in San Francisco.	Vanguard Properties is a leading Real Estate firm in San Francisco and the undisputed sales leader in the largest and most competitive condo/loft markets in The City.	Contact the Scott Pierce Team about how we will market and sell your property, for a comparative market analysis or for any other real estate needs and information. Cell: 415-595-3519.

It is a proven fact that exposure to home buyers is what actually sells homes. And the Internet is where you have to be.

The marketing program for SFCondoMap.com attracts new buyers EVERY DAY looking for condominiums and lofts. And everyday buyers contact us regarding specific properties that they want to buy.

When a SFCondoMap.com buyer purchases your property you only pay 3.68% commission! This is a savings of thousands of dollars and lots of time and hassle.

We have the best real estate sales and marketing plan in San Francisco. Please read our Sales and Marketing Plan for how we work, and how we market your property, attracting more buyers and agents than anyone else in the market. By attracting more buyers and agents we increase demand for your property and get you the highest price possible.

Click the image below for a full-sized image of this graph (opens a new window).

Call, email or text us for more information.
call / text : 415-595-3519

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Civic Center - Symphony Towers

Feb. 23, 2007

Categorized in: New Developments

Tagged with: condos, new development, real estate, san francisco

Civic Center - Symphony Towers

Statistics
Estimated Completion Date: July 2008, Sales Office Opens mid-2007
Number of Units: 130 units total
Price Range: $300,000s - $900,000s
Amenities:
Map it / Driving directions

Click here to have the sales & information package sent to you anywhere in the world.

From SocketSite: In 2002 Lakeview Ventures received approval to build an “affordable housing project” of 141 apartments at 724 Van Ness (actually two towers, a 14-story tower on Van Ness and a 7-story tower on Turk). Two years later, the project was sold to condo developer West Bay Builders. And today, construction of Symphony Towers is well underway, but in the form of 130 condominiums (~16 BMR) which should be finished late 2006/early 2007.

It’s a classic case of urban infill, and how despite the fact that “they’re not making any more land,” two one-story buildings (housing an auto shop, restaurant, and retail) can become 130 new homes (albeit not overnight).

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