Northern California Real Estate News - Northern CA and San Francisco Homes for Sale
Quality local news and information from a professional California Real Estate Agent. Local real estate news, information and listings for Northern California authored by San Francisco real estate professional Meredith Martin and edited by RISMedia.San Francisco Real Estate Market | It’s Still the Exception
San Francisco Real Estate Market | It’s Still the Exception.
Sales in San Francisco contiue to defy state and national trends of lowered sale prices. In San Francisco over the two week period from Wednesday October 24th Through Wednesday November 7th there were a total of 182 properties that sold and changed hands (as per the San Francisco Multiple Listing Service). The following numbers were taken from the single family homes, condominiums and 2-4 unit buildings only (leaving buisness investments and commercial offerings off the table for now).
- 96 sold over their asking price
- 54 Sold under their asking price
- 32 Sold at their asking prices
That translates into roughly over half the properties that sold in San Francisco over the most recent two week period sold over their asking price (53% to be exact). 29% sold at it’s asking price and 18% sold under.
Meredith Martin is a Real Estate Advisory Expert and regular contributer to local publishings in the San Francisco Bay Area. You can visit her website at www.MeredithMartin.com.
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ABOUT LOCAL AUTHOR
Meredith Martin is a San Francisco California based real estate agent with over a decade's worth of experience selling real estate in the San Francisco Bay Area. Meredith brings a wealth of experience, a sharp eye, a keen gut instinct and impeccable ethics to every real estate transaction she's involved in. Her primary focus is helping her clients prioritize what is most important to them and create a strategy that helps them succeed in achieving their investment goals.
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