All Blog Entries by Leslie Bauer

Rosen Consulting Group Forecasts Overall Positive Year for San Francisco Housing Market

(Editor’s Note: Appearing below is the press release accompanying the Association’s Market Focus report for June. The report can be viewed by clicking on the link below the press release. A report is issued each month jointly by Rosen Consulting Group and the Association. The reports are intended to provide the media and REALTOR® members of the Association with monthly analyses of the state of the local economy and the housing and mortgage markets.

The reports are issued ahead of reports from CAR and NAR and, hopefully, will go a long way to dispelling the notion that the San Francisco residential real estate market is little different than other markets in

These are for San Francisco SFDs, condos, TICs & 2-4 unit buildings, by week over the past 6 months, through July 18, 2010.

Home Listings Accepting Offers: slightly declining, but not crashing (discounting the 4th of July week)


New Listings Coming on Market: steady inflow of new inventory onto market

Active Listings For Sale: slowly climbing in small increments, now at highest level in past 6 months

Percent of Active Listings Accepting Offers by Week: generally declining in small increments (discounting the July 4th week)

Listings Expired & Withdrawn by Week: climbing

San Francisco & Bay Area…

Restaurants, wine, arts, sports, nightlife, things to do with kids and dogs, biking, hiking, transit, real estate, maps and other online resources.

• Chronicle’s Top 100 Bay Area Restaurants & Map
• Chronicle’s Bargain Bites Restaurants & Map
• Chronicle’s Best Breakfast Places
• Best of Bay: Dining & Entertainment & SF Magazine Best of Bay
• Chronicle’s Top 100 Wines & Best Wines Under $30
• San Francisco Real Estate Market Dynamics
• Everything Within Walking Distance of Your Home
• 103 Things to Do with Kids in San Francisco
• Things to Do in SF & Free Things to Do
• Places to Go with Dogs
• San Francisco Biking Resources & Bay Area Hiking Trails
• San Francisco Bars, Clubs & Lounges
• Guide to SF

• Hayes Valley
• New Construction
• Floor -to -Ceiling Windows
• In-Unit Laundry
• Transit Friendly

“La Vie” is the new lifestyle series for the residences of Millennium Tower here in San Francisco and we wanted to give you an insider’s look.

Conceived as a social network within the building, “La Vie” has developed into the urban equivalent of a block party. I’ve attended several of the events personally and some of the activities are more appealing than others. However, there is something for everyone! …and isn’t that the point?

Beginning with an introductory letter, delivered to each resident, The Club Level Concierge introduced the new program. The calendar consists for a monthly schedule ranging from “Fireside Chat” with Carmen Policy, of the San Francisco 49ers, to “Share A Bottle Night,

$1,995,000 // Forest Hill // Sotelo Ave BR/BA: 4/4.5 PKG: 2Brief Description: This elegant & gracious 1930’s Hollywood Regency home located on a sophisticated tree lined street awaits your clients. 4 Bedrooms and 4.5 bathroom home with lots of original details, wood burning fireplace, Golden Gate views, plenty of storage and beautiful French Revival garden Property Website: www.56sotelo.com www.56sotelo.com

$819,000 // Russian Hill // Leavenworth Street #203 BR/BA: 2/1.5 PKG: 1 Brief Description: Light filled, top floor condo with hardwood floors and city views. FIRST OPEN~ Sat June 12th 2-5pm – Sun June 13th 2-5pm~ Property Website (if any): www.leavenworthstreet.com www.leavenworthstreet.com

$649,000 //SOMA // Confidential address BR/BA:

San Francisco Real Estate: June 2010 Update

 

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SF Homes Accepting Offers
The market cooled in May after the frantic rush to get offers accepted before April 30th so as to qualify for both the expiring Federal tax credit & the new California tax credit. That rush inflated April’s results and deflated May’s, but May 2010 was still 9% above May 2009. Last year, the market did not slow appreciably — as is typical — during the summer months. We’ll see what happens in the summer of 2010.

 

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Inventory Absorption
This chart reflects a market that is cooling a little from the frenzy of April: both accepted offers and new listings are down a little; and residual inventory is up a little (but

Spring 2010 Home Sales at Selected Price Points

For $13,500,000

Pacific Heights on Broadway: 4 BR, 6 BA, 4-story mansion; GG bridge and bay views, elevator, 4 fireplaces, spa, garden, terraces, loggia, “unparalleled technology,” LEED energy certification, 2 car pkg.

For $3,000,000 to $6,550,000

$6,550,000: Pacific Hghts on Broadway: 7 BR, 5.5 BA, 1900 Victorian; GG & bay views from every level; south garden, elevator, 2 decks, 4 car pkg.
$5,600,000: Pacific Hghts on Steiner: 4 BR, 2.5 BA, 4-story, 5300 sq.ft. 1930 SFD (house); GG & bay views, au pair, 2 car pkg. $1057/sq.ft.
$4,440,000: Presidio Hghts on Clay: 4 BR, 3.5 BA, 12-room, 5150 sq.ft. 1910 Edwardian; media rm, gym, 1 pkg. $862/sq.ft.
$4,100,000: Russian Hill on Lombard: 3 BR,