Is The Housing Inventory Vanishing?
The apparent problem facing the real estate industry in 2020 remains the lack of residential properties for sale. A recent industry report shows that 2020 began with the lowest available housing inventory in two years. The decline stretches across all price points from the lowest to the highest. What does this mean to you if […]
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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