Lisa Thompson

Upcoming listings:
$2,149,000 // Mission Dolores // Lapidge BR/BA: 4/4 PKG: 2Brief Description: 2700 sq ft+ remodeled modern house, chef’s kit,den,gard, +2 bonus rms

$1,249,000 //Inner Sunset // Belcher Street #2 BR/BA: 3/2.5 PKG: 1 Brief Description: Luxury condo built in 2007 has over 1750 square feet, great finishes, in-unit laundry, office, private deck off two bedrooms and panoramic view roof deck. Can preview after May 6.

$849,000 // Parkside // Wawona@30th BR/BA: 3/2 PKG: 0 Brief Description: Excellent mid century home. 3BR/2BA on main level. Eat in kitchen and huge family Room. Great location near Stern Grove

As part of efforts to address the City’s unprecedented budget deficits, MUNI SCHEDULE CHANGES are effective May 8. New schedules and other information are at www.SFMTA.com (printable PDF brochure of the changes) or call 511 for specific transit information.

Transbay Blog has a good overview of the changes coming up:

These are charts showing trends by WEEK for the past 6 months, through April 18th. Weekly data is not as reliable as monthly or quarterly, but it’s useful to see trends. Except for the median price charts, these apply to SFDs, Condos, TICs and 2-4 Unit Bldgs.

Home Listings Going Under Contract (Accepting Offers): demand continues to strengthen

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For all districts except 3 & 10. There have to be some good deals in here.

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More charts after the break…

Upcoming listings:
$1,800,000//Sutro Heights // Sutro Hghts Blvd BR/BA: 3/2 PKG: 2 Brief Description: Art deco view units of beach & hills. 2 are vacant, poss. 3.

$828,000 //Central Richmond // 22nd Ave BR/BA: 4/2.5 PKG: 1 Brief Description: Large top-floor, sun-filled condo w/great open layout, fireplace, excellent location and shared yard. Skylights, western-facing windows, and spacious closets

$799,000 //Inner Sunset // 7th Avenue BR/BA: 3/2.5 PKG: 1 Brief Description: Top-floor 1500+ sqft Victorian condo with great space, deeded deck off kitchen, great light, abundant storage space, shared yard—On market mid-May

Low, High & Median Sales Prices & Average Dollar per Square Foot: 10/16/09 – 4/15/10

These charts track recent SF home sales by low, high and median sales price, and average dollar per square foot ($/sq.ft.) for the 6-month period of 10/16/09 – 4/15/10. Changes in median price and average $/sq.ft. don’t necessarily signify a change in market values, as both statistics can be affected by changes in buying trends, "unusual" events, and, when the number of sales is small, by a few specific sales clustered well above or below normal.

Comparing this data to the previous 6-month period, changes in median price and average $/sq.ft. most commonly ranged in the 0 – 5% range, plus or minus: no definitive city-wide trend can yet be determined, though the increasing market demand would typically exert upward pressure on prices. Finally, remember that sales data is always 4 to 8 weeks behind the market, since that is the usual period of time between acceptance of offer and the final closing of the sale.

Within the charts, neighborhoods are listed in order of median sales price. If a price is followed by a "k" it references thousands of dollars; if followed by an "m", it signifies millions of dollars. "REO" refers to the sale of bank-owned properties (typically pursuant to foreclosure).

Continue reading to view the charts.

There is an an excellent article in the SF Business Times about the rebound in the condo market. Here is the Socketsite coverage of the article that has links to further articles.

Sales Office Stats: 555 Bartlett, 829 Folsom, LindenHayes, And Union

via socketsite.com

Sales office stats by way of the San Francisco Business Times for a few of the smaller new condo developments about town:

∙ 555 Bartlett: 31 (including 9 BMR) of 46 units in contract

∙ 829 Folsom: 19 of 69 units in contract
∙ LindenHayes: 21 of 31 units in contract
∙ Union: 64 of 76 units in contract or closed

“Pricing of these projects is a good 25 to 30 percent below the peak of the last cycle with prices hovering in the $600 to $750 a square foot range now. Buyers are bargaining hard while developers are lucky to recoup their equity or eke out a slim profit.”

Upcoming listings:
$999,000 // Hayes Valley/Civic Center // Gough BR/BA: 3/2.5 PKG: 1 Brief Description: Built in 2005, this stylish and spacious condo (approx 1732 sq ft) is on two levels with 3 bedrooms on one floor (large master suite). This is the best unit in the building – top floor – back unit – open floor plan with top of the line stainless steel kitchen appliances, Grohe fixtures, gas fireplace, and direct access to large private patio and in unit washer/dryer. FIRST OPEN-Sunday 2-4:30pm

$829,000 //Cow Hollow //Union St. BR/BA: 2/2 PKG: 1Brief Description: A bright top floor unit with tall ceilings, modern amenities, lots of storage, and a private patio. On the quiet side of the building!

CAR is predicting that the money allocated for the CA first-time homebuyer credit may run out in 10 – 20 days (or less) once the program starts on May 1.

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What’s wonderful about these charts is how consistent our performance is, whether for houses, condos, luxury homes or all homes – we’re at the top for Sales Price to Original LP %, and for Average DOM when acting as listing broker.

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