Archive for March, 2010
Market Charts by Week
The next newsletter will come out after the 1st Quarter Data comes in (somewhere around April 7). In the meantime, here are market charts showing trends by WEEK over the past 6 months through March 21st . It’s not unusual for statistics to fluctuate by week without there being a huge significance.
Homes For Sale (Active): Houses & Condos: Gradually Increasing
The Artani: 818 Van Ness Avenue
Satisfy your longing for modern simplicity and stylish living. The Artani’s central San Francisco condo community features a contemporary exterior of stone and the maximum amount of glass allowed under city codes. The building is situated just steps away from the Civic Center, with easy access to Marin, East Bay and South Bay. Homes are light and spacious with highly functional floor plans and generous storage. Common and private roof decks overlook most of San Francisco including the Transamerica building and Twin Peaks. Each condo includes hardwood floors, first-rate appliances and high-end finishes. The Artani San Francisco is approved for FHA financing.
Market Focus – March 2010
For-sale inventory levels continued to fall while the months of supply inventory declined to the lowest level in more than a year, aided by a healthy jump in completed sales, particularly in the condominium market. However, after taking several steps forward in recent months, the San Francisco housing market took one step back in February as the median home sale price for both single family homes and condominiums declined from February 2008. With longer lag times between con- tracts and closings in the current environment, this median sales price largely reflects deals agreed upon in late 2009. With more scheduled auctions and distressed properties in the pipeline, as well as temperate job growth through 2010, we expect continued downward pressure on prices in the coming months. Going forward, rising household net worth, improving, though limited, job prospects, and a potential extension of some government-facilitated home-buying programs should support tighter market conditions as the year progresses. Despite anticipated bumps in the road, the San Francisco housing market has turned a corner and should continue to improve through 2010.
Read the full PDF here: Market Focus – February 2010
Provided by the Rosen Consulting Group and the San Francisco Association of Realtors®
Today Show 3/16 – Barbara Corcoran: SF is #1 for Housing Recovery
Visit msnbc.com for breaking news, world news, and news about the economy
St. Pattie’s Day!
Come play hooky with us…
Suzanne, Jason & Kitt invite you to come join us for a wee dram or 3!
St. Pattie’s Day!
3:00pm
Kate O’Brians
579 Howard Street @ 2nd
Spring is here, and here’s what’s coming up.
Upcoming listings:
$2,199,000 //Pacific Heights // BR/BA: 3/2 PKG: 2 Brief Description: Gracious Victorian home, formal dining room w/fireplace, chef’s kitchen, large landscaped yard, sun power solar panel system, & ample storage Property Website (if any): www.2344California.com
$749,000 //Eureka Valley // BR/BA: 2/1 PKG: 1 Brief Description: Very livable 1940s condominium just across from Kite Hill. Large deeded private deck and well cared for backyard. FIRST OPEN will be Saturday March 13th
Recent Posts
 |