San Francisco Peninsula Real Estate Market for November 2020
There was no problem finding buyers in November for single family homes. Listings only stayed on the market from 12-38 days. Below is sales data for several Peninsula cities: Menlo Park: Average days on Market-38; Average sales price-$2,896,954(a decrease of $206,375 from October) Price received-1% above asking Foster City: Average days on Market-30; Average sales […]
Read moreSan Francisco Real Estate Statistics for November 2020
In November, we continued to see pricing remain steady amid a robust housing market in The City. Looking at all properties for sale as of December 6th, we find: For sale: 1644 (24% drop since November, but 140% increase from November 2019) Sold: 609 (612 in October; 22% increase over November 2019) Average sales price […]
Read moreGet Ready, Here Comes Winter!
Where has the year gone? We are already coming to the end of Fall and turning the corner into Winter. California’s climate is more mild but we do get those mornings close to freezing sometimes. So, now is a good time to prepare your most expensive investment for cold weather. The following steps will help […]
Read moreSeptember’s San Francisco Real Estate Market Update
As one editor expressed it, “This year has been a dumpster fire that makes us feel foolish for all the other times we whined about what a lousy year it was.” A definite glimmer of hope has consistently been the real estate market. Looking at the statistics available for single family homes from September […]
Read moreAre San Francisco Buyers Still in Bidding Wars?
Because of the lack of inventory that still exists in California and San Franciso real estate markets, buyers remain in the driver’s seat. At the beginning of the pandemic, in early March, there were many who feared that this recession would trigger a repeat of the 2008 real estate debacle. By May, the real estate […]
Read moreHas Recent Circumstances Inspired You to Remodel?
Certainly, the current shelter-in place pandemic is causing many of us to see our homes in a new light. Working and schooling from home, and just spending more time at home than we used to will have an impact on how we view our present home design and layout. With more than two months of […]
Read moreWhat Happened With San Francisco and the Peninsula Real Estate?
According to one of the recent reports on the real estate market in San Francisco, the average sale price in September for a single-family home was $2,091,655, an increase of $251,312 over August. The average days on the market was 28. The inventory of properties for sale in San Francisco as of October 5, 2019 […]
Read moreNovember’s Real Estate Market in San Francisco
Once again, the numbers continue to astound us. While we think they can’t get much higher, they do! Let’s look at the statistics for December verses November: Average sales price single family: $1,995,413 (increase over October $66,890) Average days on market: 24 Average sales price for condo: $1,330,776 (decrease over October $115,762) Average days on […]
Read moreSan Francisco Real Estate Market in October
A recent report on the specifics of the real estate market in San Francisco revealed a slight decrease in the average sales price of single-family homes. This could be beneficial to home buyers or investors interested in buying in this area. October’s home sales price decreased $163,132 compared to September, while September’s sales price had […]
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