January 31, 2012
The Ins and Outs of Home Pricing
Let’s face it: Price matters. Your home can be the bomb-diggety-bomb, but if it’s overpriced, buyers are going to run in the other direction. Let’s talk about how to keep them…
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January 31, 2012
From Penthouses to Fixer-Uppers – What Did San Francisco Home-Buyers Purchase in 2011?
Of all the homes bought and sold in San Francisco in 2011:
- How many had Golden Gate, Bay Bridge, downtown or ocean views?
- How many were Victorian, Edwardian, Art Deco, Spanish Mediterranean or brand spanking new?
- How many had elevators or pools, wine cellars, doorpersons or in-law apartments?
- How many were probate sales, bank sales or short sales?
- And what were the biggest sales in the Sunset, Noe Valley, SoMa and Pacific Heights?
We data-mined all of 2011′s MLS sales to answer these questions and more. We hope you find the details as interesting as we did.
Largest San Francisco Home Sales of 2011 – for Selected Neighborhoods
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San Francisco Home Purchased in 2011 – Architectural Styles
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San Francisco Homes Purchased in 2011 – Special Circumstances Sales
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San Francisco Home Sales by Property Type
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San Francisco Homes Purchased in 2011- Sales by Price Range
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San Francisco Homes Purchased in 2011 – House Amenities
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San Francisco Homes Purchased in 2011- Condo, Co-op & TIC Amenities
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San Francisco Homes Purchased in 2011 – Views, Views, Views
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San Francisco Homes Purchased in 2011 – Number of Sales by Parking Arrangements
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San Francisco Homes Purchased in 2011 – How Many Bedrooms?
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2011 San Francisco House Sales – By Selected Neighborhood & District
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2011 San Francisco – Median HOUSE Sales Price by Neighborhood
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2011 San Francisco Condo, Co-op & TIC Sales – By Selected Neighborhood & District
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2011 San Francisco Median CONDO Sales Prices by Neighborhood
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All data herein is from sources deemed (at least somewhat) reliable – i.e. the information input by listing agents regarding their own listings — but may contain errors and omissions, and is subject to revision. These charts do not include sales unreported to MLS.
January 30, 2012
How Are Transfer Taxes Calculated?
San Francisco sellers generally have two main costs of sale: the commission and the transfer tax, both of which are traditionally covered by the selling party. Title and escrow fees, on the other hand, are usually paid by the…
January 28, 2012
How Do I Deal with Condo Dispute Resolution?
When last we met I talked about some of the most common areas of contention amongst condominium owners (and yes, say that three times fast!) – today I’d like to tackle the topic of hacking through the mess…
January 28, 2012
Weekly Charts
These charts show activity by week for the six months ending January 23, 2012 for San Francisco houses, condos, co-ops and TICs.
Units for Sale: Starting to creep up in January, but still an incredibly low level of inventory. As a point of reference, even before the plunge at the end of the year (which is more or less typical during the holidays), inventory was running 25% – 35% below the levels of 2010. So it’s been very low, and it has gotten even lower.
New Listings: New listings typically tail off in late October in preparation for the holidays and then start to climb again in the new year. New listings are indeed starting to come on market in increasing numbers, but they are still far below that needed to meet current buyer demand.
Listings Accepting Offers: The number of active listings going under contract (accepting offers) is climbing as the market wakes up. Considering the low level of inventory, the number of listings accepting offers in the week ending 1/23/12 is very high.
Percentage of Listings Accepting Offers: The 3 earlier charts are summed up below. Very low inventory + very strong demand = a very high percentage of listings accepting offers. In fact, the highest percentage we remember ever seeing. Again as a point of reference, this percentage was much higher in 2011 than in previous years – and now it is going even higher still (though there will be some adjustment down for deals that end up falling through).
Months Supply of Inventory (MSI): This chart won’t be updated for January for another week or two, but it still paints a sharp picture of supply vs. demand as currently exists in the SF homes market. 2 months is very, very low, but in some neighborhoods, we are seeing MSI numbers of 1 month and below – almost unbelievably low.
January 26, 2012
Curious About Common Condo Disputes?
Most condos in San Francisco are in smaller buildings of six units or less, or even two or three-flat buildings. These HOAs are usually self-managed and the owners interface with each a great deal when managing the…
January 25, 2012
Check Out San Francisco’s Recent Sales
We at Paragon have been busy selling homes! Check out some recent properties that have changed hands — and get in touch if you want to get into the action. Dreaming of San Francisco? Cece Blase offers local advice…
January 24, 2012
Greenery Comes to a Tenderloin Sidewalk
When you think of flora and fauna, the Tenderloin isn’t exactly the first area to come to mind. Prepare to be surprised, though. Friday, Jan. 13 was the ‘Loin’s lucky day as the Community Housing…
January 23, 2012
Agents: Don’t Risk Pet Discrimination
You’ve heard of secret shoppers, but have you heard of rental testers? A California group called the Housing Equality Legal Project is working to sniff out discrimination by calling rental listing agents and posing as renters. Here…
January 21, 2012
Answer: What famous SF trail takes you meandering through historic districts and past landmarks such as the oldest Asian Temple in North America and the Pony Express office?
Answer: Barbary Coast Trail
A series of bronze medallions and arrows embedded in the sidewalk connect the Barbary Coast Trail’s historic sites. Along a 3.8-mile path (mostly flat or gently sloping), the trail weaves its way through Downtown, Union Square, Chinatown, Portsmouth Square, Jackson Square District, Old Barbary Coast, Beat San Francisco, North Beach, Telegraph Hill, Coit Tower, Fishermans Wharf, San Francisco Martime Historical National Park, Ghirardelli Square and Nob Hill.