866.224.8024
e-team@sfresidence.com

Facebook Feeds

Blog

1 2 3 4 5 451

July 2016 Report – San Francisco Real Estate Market Update for June 2016

The number of homes in the Overall Sales category sold in June increased from the previous month as well as a year ago in the San Francisco Real Estate Market. These number reflect the homes sold (for the most part) in May and closing in June given a typical 30 day close. The average sale prices increased from the previous month but were less than a year ago. However, the percentage increase of average sold price over the average list price was much less than the previous month as well as less than a year ago. Average days on the market increased slightly.

What do these numbers all mean? Single family homes UNDER $2M which sold (on average) almost 13% over the asking price continue to be the biggest winners, however, you will notice the percentages have decreased so that single family homes $2M and over sold for LESS than the asking price on average. As we said last month, Realtors have a sense that the market is slowing slightly with longer days on the market being the norm. However, for the right property, there are still multiple offer situations. Could your home be one of those? This is still a GREAT time to sell!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

June 2016 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 58 $3,586,414 $3,576,979 99.74% 33
Single Family Under $2M 172 $1,060,757 $1,197,477 112.89% 27
Condominium 217 $1,160,645 $1,219,670 105.09% 33
Loft Condo 16 $1,012,000 $1,047,313 103.49% 43
Co-op 3 $3,116,667 $3,183,333 102.14% 33
TIC 17 $1,108,118 $1,150,765 103.84% 52
ALL * 533 $1,520,435 $1,594,936 104.90% 34

May 2016 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 33 $3,183,818 $3,480,346 109.31% 27
Single Family Under $2M 153 $1,112,088 $1,275,536 114.70% 23
Condominium 196 $1,191,385 $1,261,670 105.90% 30
Loft Condo 21 $988,423 $1,039,619 105.18% 42
Co-op 9 $1,549,444 $1,514,621 97.75% 56
TIC 17 $1,118,088 $1,154,912 103.29% 40
ALL * 486 $1,425,577 $1,543,677 108.28% 30

June 2015 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 49 $3,491,449 $3,847,292 110.19% 18
Single Family Under $2M 147 $1,001,210 $1,180,200 117.88% 30
Condominium 198 $1,154,072 $1,267,634 109.84% 24
Loft Condo 20 $1,083,850 $1,210,285 111.67% 35
Co-op 8 $3,130,375 $3,214,375 102.68% 20
TIC 31 $1,107,419 $1,168,194 105.49% 34
ALL * 515 $1,463,870 $1,615,915 110.39% 30

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4

Units, and 5+ Units.

** Figures subject to change as Multiple
Listing Service is updated.

+ Formerly, condominium statistics
included condos, co-op, lofts and TICs.

Realtor.com is the official site of the National
Association of Realtors® (NAR) and is a search engine for real
estate nationwide. Realtor.com
has all of San Francisco’s listed homes and condominiums.

June 2016 – Summer starts in San Francisco

SFResidence Logo
June 8, 2016

The SFResidence Real Estate Review
June 2016

Hello from Janis

Janis StoneThe statistics for May 2016 sales are now online. The biggest winner continues to be single family homes UNDER $2M. On average, they sold almost 15% higher than the asking price. As always, this depends on the property, neighborhood and location. But we have resources that can help get you the BEST price for your home!

There seems to be a common thread in conversations at open houses—Is the market going down?  That is a very hard question to answer when there is a change in the status quo.  The market does seem to be changing especially in some neighborhoods such as SOMA, South Beach, Noe Valley, and the Mission in particular.

But what I see is a more NORMAL market where properties come on the market and if they are priced right they sell within 30-60 days.  That is even still considered a seller’s market.  Once you get to “on market” days exceeding 90 days then you are more into a buyer’s market.  We are seeing more price reductions, less multiple offers and fewer huge over asking offers.  However, they do happen, particularly with special, “check all the boxes” homes or homes in the lower price points where more people are in a position to buy them.

Interest rates are still VERY LOW and there are some great lending packages out there with 10% down for JUMBO loans.  I think this is one of the BEST TIMES TO BUY that we have had in several years.  Buyers have been saying for the last few years “I wish I could buy without having to compete with 10 or 20 buyers!” Then now is the time.  Don’t let fear keep you from having your own home in San Francisco!

REMEMBER… If you are MOVING or KNOW SOMEONE WHO IS, we have GREAT AGENTS to whom we can refer with confidence! If you or someone you know needs to buy or sell property somewhere else in the country, keep us in mind. In return for the lead, we’ll give you a chance to win our Rewards contest for a weekend in Tahoe. And you agents out there across the country who are receiving this newsletter, you are on our referral list for your area!
_________________________________________________ 

From our Family and Friends

Bonnie Wedemeyer with Janis Our dear friend from Hawaii, Bonnie Wedemeyer, visited in May to do a presentation to our office on her company’s new offering, Luxury Condominiums on Oahu.  Look at this special property on their website and if you want to see it contact me and I can give you a personal introduction to Bonnie.

www.theparklanealamoana.com

(click on the photos to see them full size)

Diana Barrett Memorial day gave us a chance to take the boat out in the Bel Marin Keys North Lagoon and sail with another dear friend, Diana Barrett. Afterward we “celebrated” with cheeseburgers and homemade French fries!
Captain Janis Stone! Mick took this nice picture of me as I drove the boat around the lagoon avoiding other boats, water skiers and kayaks!
Mick & Janis at the Giants Game - 5/25 Middle of the week before the holiday, we joined the Pacific Union office for a day game on May 25 at AT&T Park to watch the Giants play (and win) against the San Diego Padres.

– Janis Stone

__________________________________________________

Interest Rates

Dennis Kowalski Our trusted advisor, Dennis Kowalski, is eager to help you with your mortgage needs.

With all the turmoil in the stock and bond markets, mortgage rates change day to day! However, interest rates have been very low for a long time. Now might be the time to take advantage of them!

Dennis is an award-winning loan consultant who has built his career on delivering unsurpassed customer service. His top priority is to make sure his clients are presented with all the options and information they need to make the decision that’s right for them.

__________________________________________________ 

JUST LISTED Mission Bay – The Madrone
435 China Basin #628 - Mission Bay Condo - $1,595,000 435 China Basin #628

Enjoy indoor/outdoor living in this top floor 2 bedroom, 2 bath condo with HUGE terrace across the entire condo with water views, hardwood floors, parking and storage.  The Madrone is a full service building with resort style amenities including open air sun deck with 75’ pool,  outdoor spa, BBQ w/dining area, entertaining kitchen, fitness center with steam room and sauna, business center, and attendant lobby with seating.

Listed at $1,595,000

COMING SOON! Scotts Valley
Scotts Valley 234 +/- Acres - $4,800,000 234 +/- Acres

Located in the heart of Scotts Valley off Hwy. 17 with a stream, cabin, olive trees, and timber ready to be harvested.  Build your dream home, have a retreat, grow grapes or have a wonderful get away close to Santa Cruz or the Silicon Valley.  It is 3 separate parcels so there is development potential also.

To be listed at $4,800,000

FOR SALE South Beach Condo
88 King St.#817 - South Beach Condo - $1,295,000 88 King St. #817

Do you love the action of South Beach & the San Francisco GIANTS? This chic, 2 bedroom, 2 bath sunny condo is on the west side of the Embarcadero Towers w/ City Views & is the perfect home to enjoy all that South Beach has to offer. Featuring the best 2 bedroom floor plan each of the bedroom suites is separated by the spacious living area. The kitchen features black granite countertops with breakfast bar & stainless steel appliances. An open floor plan w/ hardwood floors has a spacious living area with an electric fireplace, large windows with City views & sliding doors leading to a private terrace. There is in unit laundry, 1 car parking & access to all of the Towers amenities–pool, spa, barbecue, gym, 24 hr. doorman & business center.

Listed at $1,295,000

SALE PENDING Mission Bay – The Madrone
435 China Basin #639 - Mission Bay Condo - $1,995,000 435 China Basin #639

Beautiful 2 level penthouse with large deck and Bay and Bay Bridge Views!  2 bedrooms, loft, 2.5 baths, laundry, high ceilings, parking, storage.

Listed at $1,995,000

__________________________________________________ 

See you next month!

Janis Stone DRE# 00517072

SFResidence Logo

“The nicest compliment you can give us is to refer
others within your circle”

Toll Free (866) 224-8024

If you are a Realtor, by opting out you will be removed from our referral network.

Pacific Union

Top Agent Network

Back to home page

 

June 2016 Report – San Francisco Real Estate Market Update for May 2016

The number of homes in the Overall Sales category sold in May increased from the previous month but were less than a year ago in the San Francisco Real Estate Market. These number reflect the homes sold (for the most part) in April and closing in May given a typical 30 day close. Even so, the average prices decreased from the previous month as well as a year ago. The percentage increase of average sold price over the average list price was much better than the previous month as well as a year ago. Average days on the market decreased by about 8 days over the previous month.

What do these numbers all mean? Single family homes UNDER $2M which sold (on average) more than 14% over the asking price continue to be the biggest winners. May Realtors sense that the market is slowing slightly with longer days on the market being the norm. However, for the right property, there are still multiple offer situations. Could your home be one of those? This is still a GREAT time to sell!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

May 2016 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 33 $3,183,818 $3,480,346 109.31% 27
Single Family Under $2M 153 $1,112,088 $1,275,536 114.70% 23
Condominium 196 $1,191,385 $1,261,670 105.90% 30
Loft Condo 21 $988,423 $1,039,619 105.18% 42
Co-op 9 $1,549,444 $1,514,621 97.75% 56
TIC 17 $1,118,088 $1,154,912 103.29% 40
ALL * 486 $1,425,577 $1,543,677 108.28% 30

April 2016 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 47 $3,177,957 $3,463,830 110.00% 39
Single Family Under $2M 139 $1,080,399 $1,228,688 113.73% 30
Condominium 178 $1,271,410 $1,318,726 103.72% 40
Loft Condo 15 $1,152,800 $1,213,367 105.25% 31
Co-op 5 $3,544,000 $3,719,000 104.94% 18
TIC 11 $1,362,273 $1,412,500 103.69% 33
ALL * 436 $1,528,719 $1,640,566 107.32% 38

May 2015 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 51 $3,636,245 $3,780,365 103.96% 21
Single Family Under $2M 146 $985,849 $1,182,729 119.97% 23
Condominium 206 $1,200,845 $1,628,746 108.46% 31
Loft Condo 21 $1,095,238 $1,247,148 113.87% 19
Co-op 4 $4,343,500 $4,155,000 95.66% 49
TIC 31 $887,839 $998,577 112.47% 31
ALL * 503 $1,485,577 $1,636,702 102.09% 27

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4

Units, and 5+ Units.

** Figures subject to change as Multiple
Listing Service is updated.

+ Formerly, condominium statistics
included condos, co-op, lofts and TICs.

Realtor.com is the official site of the National
Association of Realtors® (NAR) and is a search engine for real
estate nationwide. Realtor.com
has all of San Francisco’s listed homes and condominiums.

May 2016 – MAY we find you the perfect home in San Francisco?

SFResidence Logo
May 10, 2016

The SFResidence Real Estate Review
May 2016

Hello from Janis

Janis StoneThe statistics for April 2016 sales are now online. The biggest winner was, once again, single family homes UNDER $2M. On average, they sold almost 16% higher than the asking price. As always, this depends on the property, neighborhood and location. But we have resources that can help get you the BEST price for your home!

Is the market shifting or are the buyers just pulling back?  That seems to be the question of the day for areas outside of San Francisco and for some areas of San Francisco.

The SOMA, South Beach, and North Waterfront areas are seeing longer days on market and more price reductions.  Actually I have seen more price reductions and longer marketing times in most areas of the City.  However, for some properties that is not the case. I think if a property is one that is a “special” property in a very desirable area it can get multiple offers.  Or if it fits a certain profile—i.e. a property that is remodeled well, has extra parking or views or an “in demand” location—then all bets are off as to how high it can go.

The best way to get the highest possible price for your property is to have a trusted professional guide you through the process.  It takes a lot of planning and effort to get a property sold at the highest price.

The End of Year Report for 2015 (sales July – December) should be ready shortly. If you would like to know what homes or condos price over $2 million sold in your neighborhood during the past 6 months we should have it by next month!

REMEMBER… If you are MOVING or KNOW SOMEONE WHO IS, we have GREAT AGENTS to whom we can refer with confidence! If you or someone you know needs to buy or sell property somewhere else in the country, keep us in mind. In return for the lead, we’ll give you a chance to win our Rewards contest for a weekend in Tahoe. And you agents out there across the country who are receiving this newsletter, you are on our referral list for your area!
_________________________________________________ 

From our Family and Friends

Jennifer and one month old Robert Here is Jennifer with one month old Robert who is ready to be fed.  He is such a doll.   It was fun to see him sleep and then wake up and want to be fed immediately! Without a doubt they can let you know what they want!

Congratulations to Jennifer and Ethan.  Now Benton has a little brother.

(click on any of the photos to see them full size)

Jennifer and one month old Robert Jennifer and one month old Robert
Oscar de la Renta My sister, Beverly and I went to see the Oscar de la Renta exhibit and a bonus was the “Flowers and Art” exhibit.  Flower arrangements were designed to enhance or resemble a particular piece of art.  Here are just a few examples.
Oscar de la Renta Oscar de la Renta

Oscar de la Renta Beverly and I LOVED the Oscar de la Renta exhibit.  He was such an elegant, talented and special man.  He shared his good fortune along with his sense of style.  He will be missed.  Enjoy some of the photos of his wonderful gowns. Guess which one is my favorite?

– Janis Stone

Oscar de la Renta Oscar de la Renta
Oscar de la Renta Oscar de la Renta
Oscar de la Renta Oscar de la Renta
Oscar de la Renta Oscar de la Renta

__________________________________________________

Interest Rates

Dennis Kowalski Our trusted advisor, Dennis Kowalski, is eager to help you with your mortgage needs.

With all the turmoil in the stock and bond markets, mortgage rates change day to day! However, interest rates have been very low for a long time. Now might be the time to take advantage of them!

Dennis is an award-winning loan consultant who has built his career on delivering unsurpassed customer service. His top priority is to make sure his clients are presented with all the options and information they need to make the decision that’s right for them.

__________________________________________________ 

FOR SALE South Beach Condo
88 King St.#817 - South Beach Condo - $1,295,000 88 King St. #817

Do you love the action of South Beach & the San Francisco GIANTS? This chic, 2 bedroom, 2 bath sunny condo is on the west side of the Embarcadero Towers w/ City Views & is the perfect home to enjoy all that South Beach has to offer. Featuring the best 2 bedroom floor plan each of the bedroom suites is separated by the spacious living area. The kitchen features black granite countertops with breakfast bar & stainless steel appliances. An open floor plan w/ hardwood floors has a spacious living area with an electric fireplace, large windows with City views & sliding doors leading to a private terrace. There is in unit laundry, 1 car parking & access to all of the Towers amenities–pool, spa, barbecue, gym, 24 hr. doorman & business center.

Listed at $1,295,000

SOLD Russian Hill Condo
1438 Green St. - Russian Hill Condo - $895,000 1438 Green St. #2B

Stroll out your door to enjoy Russian Hill, one of the best neighborhoods in the City. The Arundel is a full service elevator building built in 1998 with a doorman and a common garden and VIEW roof deck. This chic, sunny, large one bedroom condo has an open floor plan, in unit laundry and hardwood floors. The living room features a bay window with a cozy window seat. The kitchen has granite counters, electric range, dishwasher, side by side refrigerator, microwave, disposal and breakfast bar. There is one car parking and separate storage room.

Listed at $895,000 sold for $920,000

SOLD Pacific Heights 2 Units
23 1050 North Point #1207A

Views, views and more views! Floor-to-ceiling windows. Sweeping views of the Bay from the Golden Gate Bridge to the East Bay, including the North Bay, Angel Island, Aquatic Park and Alcatraz! Perfect as a full-time residence or pied-a-terre. Classy Fontana West full-service elevator building with doorman and security. View living/dining room with terrace and adjoining kitchen; view bedroom with terrace; full bathroom, abundant storage and 2 car parking (seller bought a second space). Pool. Club room. Guest parking. Walk to Ghirardelli Square, Fisherman’s Wharf, Fort Mason and the Cable Cars! Wonderful restaurants & shopping nearby on Polk, Chestnut & Union Streets. All rooms in this very quiet apartment face the Bay, no street noise. Buyer Represented

Listed at $895,000 sold for $910,000

__________________________________________________ 

See you next month!

Janis Stone DRE# 00517072

SFResidence Logo

“The nicest compliment you can give us is to refer
others within your circle”

Toll Free (866) 224-8024

If you are a Realtor, by opting out you will be removed from our referral network.

Pacific Union

Top Agent Network

Back to home page

May 2016 Report – San Francisco Real Estate Market Update for April 2016

The number of homes in the Overall Sales category sold in April increased from the previous month but was less than a year ago in the San Francisco Real Estate Market. These number reflect the homes sold, for the most part, in March. The average prices increased slightly from the previous month as well as a year ago. The percentage increase of average sold price over the average list price was a bit better than the previous month but less than a year ago. Average days on the market increased by about 10 days.

What do these numbers all mean? Single family homes UNDER $2M which sold (on average) almost 14% over the asking price were the biggest winner again. We are seeing fewer multiple offer situations, however, homes still seem to be selling over the asking price. As the market seems to be slowing slightly this could still be a GREAT time to sell!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

April 2016 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 47 $3,177,957 $3,463,830 110.00% 39
Single Family Under $2M 139 $1,080,399 $1,228,688 113.73% 30
Condominium 178 $1,271,410 $1,318,726 103.72% 40
Loft Condo 15 $1,152,800 $1,213,367 105.25% 31
Co-op 5 $3,544,000 $3,719,000 104.94% 18
TIC 11 $1,362,273 $1,412,500 103.69% 33
ALL * 436 $1,528,719 $1,640,566 107.32% 38

March 2016 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 36 $3,403,201 $3,585,541 105.36% 23
Single Family Under $2M 107 $1,018,205 $1,179,267 115.82% 25
Condominium 185 $1,217,633 $1,275,963 104.79% 31
Loft Condo 21 $1,178,947 $1,206,524 102.34% 21
Co-op 5 $1,402,000 $1,402,125 100.01% 52
TIC 18 $1,155,222 $1,210,139 104.75% 32
ALL * 403 $1,446,029 $1,545,680 106.89% 29

April 2015 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 50 $3,421,560 $3,722,966 108.81% 20
Single Family Under $2M 152 $1,007,619 $1,193,427 118.44% 24
Condominium 222 $1,185,063 $1,285,322 108.46% 31
Loft Condo 8 $994,063 $1,137,125 114.39% 22
Co-op 7 $3,685,857 $3,409,429 92.50% 42
TIC 24 $1,035,417 $1,151,271 111.19% 32
ALL * 507 $1,417,397 $1,588,257 112.05% 29

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4

Units, and 5+ Units.

** Figures subject to change as Multiple
Listing Service is updated.

+ Formerly, condominium statistics
included condos, co-op, lofts and TICs.

Realtor.com is the official site of the National
Association of Realtors® (NAR) and is a search engine for real
estate nationwide. Realtor.com
has all of San Francisco’s listed homes and condominiums.

April 2016 – No Fooling about our Spring Real Estate Market

SFResidence Logo
April 7, 2016

The SFResidence Real Estate Review
March 2016

Hello from Janis

Janis StoneThe statistics for March 2016 sales are now online. The biggest winner was, once again, single family homes UNDER $2M. On average, they sold almost 16% higher than the asking price. As always, this depends on the property, neighborhood and location. But we have resources that can help get you the BEST price for your home!

You can see by the statistics that prices continue to go up at an amazing rate and the buyers are still trying to get a handle on the how much OVER the asking price they have to offer to win.

The stock market appears to be recovering but the San Francisco real estate market seems to be insulated from the effects of the uncertainty in the economic markets.  I do think that the seasonality of our market has had an effect as some properties are selling so very quickly while others are not selling instantly. That being said, our expectations are that offers (plural, you notice) should come in within a week if not a day!  So if it takes 2 weeks to get a full price offer then we think there is something wrong!  Other parts of the state and the country think in terms of numbers of months to get a property sold—not in terms of days!

The economist for the California Association of Realtors spoke yesterday at a luncheon and showed us statistics that support a continued market of LOW INVENTORY AND INCREASING PRICES for the foreseeable future. So our hot market will continue as we do not build enough housing to satisfy the demand.  Spring is here and it is our most active season.  If you are going to sell, now is the time.

The End of Year Report for 2015 (sales July – December) should be ready shortly. If you would like to know what homes or condos price over $2 million sold in your neighborhood during the past 6 months we should have it by next month!

REMEMBER… If you are MOVING or KNOW SOMEONE WHO IS, we have GREAT AGENTS to whom we can refer with confidence! If you or someone you know needs to buy or sell property somewhere else in the country, keep us in mind. In return for the lead, we’ll give you a chance to win our Rewards contest for a weekend in Tahoe. And you agents out there across the country who are receiving this newsletter, you are on our referral list for your area!
_________________________________________________ 

From our Family and Friends

Scarlett Abinante Age 5  

On March , 2016, my grandniece, Scarlett Abinante turned 5 years old! Here is a photo of her with her special “Princess” cake! Two sweet things in one picture!

(click on any of the photos to see them full size)

Scarlett at Build-A-Bear!  

One of Scarlett’s gifts was a visit to Build-A-Bear to create her own special stuffed animal! Here she is leaving the store with her new little “pet”.

Scarlett side by side at 5 with her baby picture!  

And lastly, Scarlett’s mother (my niece, Chelsea Abinante who lives in Huntington Beach, CA) is a talented photographer. She has her own business, Abinante Photography, and she has created this side by side photo of Scarlett as a baby and now at 5 years old!

The Silvers!  

Okay, it’s here! Mick’s band’s first album, “After The Laughter” by The Silvers is out on Genterine Records and may be ordered here.

__________________________________________________

Interest Rates

Dennis Kowalski Our trusted advisor, Dennis Kowalski, is eager to help you with your mortgage needs.

With all the turmoil in the stock and bond markets, mortgage rates change day to day! However, interest rates have been very low for a long time. Now might be the time to take advantage of them!

Dennis is an award-winning loan consultant who has built his career on delivering unsurpassed customer service. His top priority is to make sure his clients are presented with all the options and information they need to make the decision that’s right for them.

__________________________________________________ 

FOR SALE Russian Hill Condo
1438 Green St. - Russian Hill Condo - $895,000 1438 Green St. #2B

Stroll out your door to enjoy Russian Hill, one of the best neighborhoods in the City. The Arundel is a full service elevator building built in 1998 with a doorman and a common garden and VIEW roof deck. This chic, sunny, large one bedroom condo has an open floor plan, in unit laundry and hardwood floors. The living room features a bay window with a cozy window seat. The kitchen has granite counters, electric range, dishwasher, side by side refrigerator, microwave, disposal and breakfast bar. There is one car parking and separate storage room.

Listed at $895,000

SOLD Pacific Heights 2 Units
2311 California St. - Pacific Heights Units - $3,385,000 2311 California

Meticulously designed, this four bedroom, three and one half bath residence offers a light filled, grand open floor plan that is perfect for entertaining. Impeccably designed, the main level features a gracious living room that opens onto a light filled dining room complete with soaring ceilings. The gourmet kitchen features custom cabinetry, Thermador appliances & a grand island with bar seating for four. Floor-to-ceiling doors provide access to the inviting walk out terrace. The second level features three bedrooms and offers a master suite complete with a luxurious master bath & a walk out terrace. The garden level features a spacious media room complete with a kitchen, full bath. Unsurpassable Location!

Listed at $3,385,000 sold for $3,500,000
Buyer Represented

PENDING Pacific Heights 2 Units
23 1050 North Point #1207A

Views, views and more views! Floor-to-ceiling windows. Sweeping views of the Bay from the Golden Gate Bridge to the East Bay, including the North Bay, Angel Island, Aquatic Park and Alcatraz! Perfect as a full-time residence or pied-a-terre. Classy Fontana West full-service elevator building with doorman and security. View living/dining room with terrace and adjoining kitchen; view bedroom with terrace; full bathroom, abundant storage and 2 car parking (seller bought a second space). Pool. Club room. Guest parking. Walk to Ghirardelli Square, Fisherman’s Wharf, Fort Mason and the Cable Cars! Wonderful restaurants & shopping nearby on Polk, Chestnut & Union Streets. All rooms in this very quiet apartment face the Bay, no street noise.

Listed at $895,000 – Buyer Represented

__________________________________________________ 

See you next month!

Janis Stone DRE# 00517072

SFResidence Logo

“The nicest compliment you can give us is to refer
others within your circle”

Toll Free (866) 224-8024

If you are a Realtor, by opting out you will be removed from our referral network.

Pacific Union

Top Agent Network

Back to home page

 

April 2016 Report – San Francisco Real Estate Market Update for March 2016

The number of homes in the Overall Sales category sold in March increased significantly from the previous month but was less than a year ago in the San Francisco Real Estate Market. These number reflect the homes sold, for the most part, in February which is our shortest month. Even so, the verage prices increased from the previous month and were about the same as a year ago. However, the percentage increase of average sold price over the average list price was about the same as last month and less than a year ago. Average days on the market were about 30 days.

What do these numbers all mean? The biggest winner this month was, once again, single family homes UNDER $2M which sold (on average) almost 16% over the asking price . Given the small number of homes for sale to begin 2016, this could be a GREAT time to sell!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

March 2016 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 36 $3,403,201 $3,585,541 105.36% 23
Single Family Under $2M 107 $1,018,205 $1,179,267 115.82% 25
Condominium 185 $1,217,633 $1,275,963 104.79% 31
Loft Condo 21 $1,178,947 $1,206,524 102.34% 21
Co-op 5 $1,402,000 $1,402,125 100.01% 52
TIC 18 $1,155,222 $1,210,139 104.75% 32
ALL * 403 $1,446,029 $1,545,680 106.89% 29

February 2016 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 21 $3,071,095 $3,169,905 103.22% 32
Single Family Under $2M 75 $1,071,877 $1,223,015 114.10% 31
Condominium 125 $1,184,899 $1,250,235 105.51% 33
Loft Condo 7 $1,122,143 $1,148,571 102.36% 35
Co-op 2 $599,000 $630,000 105.18% 52
TIC 19 $997,947 $1,072,711 107.49% 50
ALL * 278 $1,388,190 $1,482,780 106.81% 35

March 2015 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 50 $3,331,380 $3,589,560 107.75% 20
Single Family Under $2M 125 $963,115 $1,087,776 112.94% 27
Condominium 213 $1,217,250 $1,324,307 108.79% 27
Loft Condo 7 $1,250,143 $1,384,286 100.50% 21
Co-op 5 $1,861,200 $1,847,200 99.25% 65
TIC 12 $641,000 $688,250 107.37% 59
ALL * 475 $1,448,854 $1,576,186 108.79% 30

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4

Units, and 5+ Units.

** Figures subject to change as Multiple
Listing Service is updated.

+ Formerly, condominium statistics
included condos, co-op, lofts and TICs.

Realtor.com is the official site of the National
Association of Realtors® (NAR) and is a search engine for real
estate nationwide. Realtor.com
has all of San Francisco’s listed homes and condominiums.

March 2016 – MARCHing toward our Spring Real Estate Market

SFResidence Logo

Mar. 14, 2016

The SFResidence Real Estate Review
March 2016

Hello from Janis

Janis StoneThe statistics for February 2016 sales are now online. The biggest winner was, once again, single family homes UNDER $2M. On average, they MORE than 14% higher than the asking price. As always, this depends on the property, neighborhood and location. But we have resources that can help get you the BEST price for your home!

We are beginning to start our SPRING market.  Traditionally this is the most active time for buying and selling in San Francisco.  Interest rates are still low as are inventories!  Our market is hot for good properties so there are still MULTIPLE OFFERS, and sales prices are well in excess of the asking prices.

I was able to help a client get their home quickly and secure a 30 year FIXED loan in the amount of $1,500,000 at a 3.385% interest rate!  The lender that they had originally applied with had quoted them 4% for the same loan.  I had heard about an opportunity with a lender for a better rate and just days after we went into escrow they switched lenders and save tens of thousands of dollars over the life of the loan.  I am here to work for you and negotiate the best for you whether you are a buyer or seller.

Our Semi Annual Luxury Market Report 2015 is still available! If you would like to know what homes or condos price over $2 million sold in your neighborhood during the past 6 months you can click on the link below to download the report.  If you would like to have a printed copy so you can keep it or give it to a friend or neighbor let us know and we will send it to you.
We would also be happy to send the report to any of your neighbors or friends. The End of Year Report for 2015 (sales July – December) should be ready shortly.

REMEMBER… If you are MOVING or KNOW SOMEONE WHO IS, we have GREAT AGENTS to whom we can refer with confidence! If you or someone you know needs to buy or sell property somewhere else in the country, keep us in mind. In return for the lead, we’ll give you a chance to win our Rewards contest for a weekend in Tahoe. And you agents out there across the country who are receiving this newsletter, you are on our referral list for your area!
_________________________________________________ 

From our Family and Friends

The Silvers!  

As I told you last month, my honey, Mick, is a rock and roll musician. His band, The Silvers, just released their Second Animated Video for their song, “No More (This Time I Mean It) which features a cartoon “me” giving Mick a hard time for his shenanigans while we are visiting the county fair!

Meanwhile, their first 14 song album of all original material is scheduled to be released on Genterine Records on March 15!

 

__________________________________________________

Interest Rates

Dennis Kowalski Our trusted advisor, Dennis Kowalski, is eager to help you with your mortgage needs.

With all the turmoil in the stock and bond markets, mortgage rates change day to day! However, interest rates have been very low for a long time. Now might be the time to take advantage of them!

Dennis is an award-winning loan consultant who has built his career on delivering unsurpassed customer service. His top priority is to make sure his clients are presented with all the options and information they need to make the decision that’s right for them.

__________________________________________________ 

PENDING Pacific Heights 2 Units
2311 California St. - Pacific Heights Units - $3,385,000 2311 California

Meticulously designed, this four bedroom, three and one half bath residence offers a light filled, grand open floor plan that is perfect for entertaining. Impeccably designed, the main level features a gracious living room that opens onto a light filled dining room complete with soaring ceilings. The gourmet kitchen features custom cabinetry, Thermador appliances & a grand island with bar seating for four. Floor-to-ceiling doors provide access to the inviting walk out terrace. The second level features three bedrooms and offers a master suite complete with a luxurious master bath & a walk out terrace. The garden level features a spacious media room complete with a kitchen, full bath. Unsurpassable Location!

Listed at $3,385,000 – Buyer Represented

PENDING Pacific Heights 2 Units
1050 North Point #1207A

Views, views and more views! Floor-to-ceiling windows. Sweeping views of the Bay from the Golden Gate Bridge to the East Bay, including the North Bay, Angel Island, Aquatic Park and Alcatraz! Perfect as a full-time residence or pied-a-terre. Classy Fontana West full-service elevator building with doorman and security. View living/dining room with terrace and adjoining kitchen; view bedroom with terrace; full bathroom, abundant storage and 2 car parking (seller bought a second space). Pool. Club room. Guest parking. Walk to Ghirardelli Square, Fisherman’s Wharf, Fort Mason and the Cable Cars! Wonderful restaurants & shopping nearby on Polk, Chestnut & Union Streets. All rooms in this very quiet apartment face the Bay, no street noise.

Listed at $895,000 – Buyer Represented

__________________________________________________ 

See you next month!

Janis Stone DRE# 00517072

SFResidence Logo

“The nicest compliment you can give us is to refer
others within your circle”

Toll Free (866) 224-8024

If you are a Realtor, by opting out you will be removed from our referral network.

Pacific Union

Top Agent Network

Back to home page

 

March 2016 Report – San Francisco Real Estate Market Update for February 2016

The number of homes in the Overall Sales category sold in February decreased slightly from the previous month as well as a year ago in the San Francisco Real Estate Market. These number reflect the homes sold, for the most part, in January. Average prices dipped slightly from the previous month as well as a year ago. However, the percentage increase of average sold price over the average list price was almost 7%, better than last month, but less than a year ago. Average days on the market were about 30 days or so, indicating that loans are probably becoming more common.

What do these numbers all mean? As noted above, sales closing in February are generally a result of deals made in January, and with around 30 days on the market, this would indicate we are seeing more loans than in the past. The biggest winner this month was, once again, single family homes UNDER $2M which sold (on average) more than 14% over the asking price . Given the small number of homes for sale to begin 2016, this could be a GREAT time to sell!

* Remember, closed sales in any month reflect deals ratified in the previous month with a typical 30 day close.

February 2016 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 21 $3,071,095 $3,169,905 103.22% 32
Single Family Under $2M 75 $1,071,877 $1,223,015 114.10% 31
Condominium 125 $1,184,899 $1,250,235 105.51% 33
Loft Condo 7 $1,122,143 $1,148,571 102.36% 35
Co-op 2 $599,000 $630,000 105.18% 52
TIC 19 $997,947 $1,072,711 107.49% 50
ALL * 278 $1,388,190 $1,482,780 106.81% 35

January 2016 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 49 $3,715,947 $3,713,037 99.92% 49
Single Family Under $2M 81 $986,575 $1,094,022 110.89% 38
Condominium 111 $1,158,808 $1,191,728 102.84% 43
Loft Condo 7 $828,000 $868,429 104.88% 53
Co-op 4 $1,798,000 $1,860,250 103.46% 49
TIC 20 $978,200 $1,038,663 106.18% 98
ALL * 289 $1,451,965 $1,518,562 104.59% 48

February 2015 **

Property Type
Sold
Avg List Price
Avg Sold Price
% Sold Price vs. List Price
Avg Days on Market
Single Family $2M & Over 20 $3,299,600 $3,544,212 107.41% 25
Single Family Under $2M 98 $952,856 $1,096,771 115.10% 28
Condominium 128 $1,091,738 $1,185,136 108.55% 25
Loft Condo 7 $1,250,143 $1,384,286 100.50% 21
Co-op 5 $1,861,200 $1,847,200 99.25% 65
TIC 12 $641,000 $688,250 107.37% 59
ALL * 314 $1,426,116 $1,540,554 108.02% 32

* Includes Single Family Homes, Condo/Coop/TIC and Loft, 2-4

Units, and 5+ Units.

** Figures subject to change as Multiple
Listing Service is updated.

+ Formerly, condominium statistics
included condos, co-op, lofts and TICs.

Realtor.com is the official site of the National
Association of Realtors® (NAR) and is a search engine for real
estate nationwide. Realtor.com
has all of San Francisco’s listed homes and condominiums.

February 2016 – It’s Valentine’s month, and we LOVE San Francisco Real Estate

SFResidence Logo
Feb. 10, 2016

The SFResidence Real Estate Review
February 2016

Hello from Janis

Janis StoneThe statistics for January 2016 sales are now online and show the market remained strong even though the number of homes sold decreased. This is to be expected since typically sales that close in January were deals made in December around the holidays. Even so, the biggest winner was again single family homes UNDER $2M. On average, they sold almost 11% higher than the asking price. As always, this depends on the property, neighborhood and location.

The 50th Super Bowl is now history, and it was a great success for San Francisco and the Silicon Area. Even though the game was down the peninsula it seemed like most of the events were in San Francisco. The talk is that we will probably be hosting another one in 6-7 years. Hmmmm…..  Let’s hope they have finished the construction in the SOMA area so people who live and work there can still get around.

Our market is still very dry on inventory. Not surprising for this time of year but combined with the stock market roller coaster it is making for some interesting talk around the water cooler. The buyers are still out there but there are rumblings of not getting as many multiple offers as last year and sometimes no offer on the offer date. But for the well priced, well located, well done property there are still many buyers willing to come to the plate and pay whatever is necessary to get their home.

This is the time to get your home on the market and take advantage of the shortage of listings. Don’t wait for everyone else to lead the way and have to compete with other homes in your neighborhood. Let me know how I can help you strategize for the best experience. And have a great Valentine’s Day—a time to give the ones you love the acknowledgement they deserve.

Our Semi Annual Luxury Market Report is still available! If you would like to know what homes or condos price over $2 million sold in your neighborhood during the past 6 months you can click on the link below to download the report.  If you would like to have a printed copy so you can keep it or give it to a friend or neighbor let us know and we will send it to you.
We would also be happy to send the report to any of your neighbors or friends. The End of Year Report for 2015 (sales July – December) should be ready shortly.

Click on the Semi Annual Report for 2015 (sales for January – June) below, and it will open the PDF on your computer.

Semi Annual Report 2015

REMEMBER… If you are MOVING or KNOW SOMEONE WHO IS, we have GREAT AGENTS to whom we can refer with confidence! If you or someone you know needs to buy or sell property somewhere else in the country, keep us in mind. In return for the lead, we’ll give you a chance to win our Rewards contest for a weekend in Tahoe. And you agents out there across the country who are receiving this newsletter, you are on our referral list for your area!
_________________________________________________ 

From our Family and Friends

The Silvers! Some of you may know that my honey, Mick, is a rock and roll musician. Well, his band, The Silvers, is about to release their first album called “After The Laughter” with all original songs in early March on Genterine Records.

As an added bonus, one of their songs will appear on a compilation CD along with some big names in the music industry for a marketing company called Relix and will also be featured in an animated music video on YouTube sometime in March. This is exciting news since they will reach over 100,000 music lovers across the globe! Keep an eye out for them!

__________________________________________________

Interest Rates

Dennis Kowalski Our trusted advisor, Dennis Kowalski, is eager to help you with your mortgage needs.

With all the turmoil in the stock and bond markets, mortgage rates change day to day! However, interest rates have been very low for a long time. Now might be the time to take advantage of them!

Dennis is an award-winning loan consultant who has built his career on delivering unsurpassed customer service. His top priority is to make sure his clients are presented with all the options and information they need to make the decision that’s right for them.

__________________________________________________ 

SOLD South Beach Condo
72 Townsend #301 - South Beach Condo - $999,000 72 Townsend #301

New construction within walking distance to AT&T Park.  One bedroom, one bath with high end appliances and cabinets, hardwood floors, in- unit laundry, private patio and parking.  Fabulous design.  Developer paid one year’s dues.

Listed at $999,000 sold for $999,000

__________________________________________________ 

See you next month!

Janis Stone DRE# 00517072

SFResidence Logo

“The nicest compliment you can give us is to refer
others within your circle”

Toll Free (866) 224-8024

If you are a Realtor, by opting out you will be removed from our referral network.

Pacific Union

Top Agent Network

Back to home page

 

1 2 3 4 5 451