What’s Happening In The Market? January Update

Please note: this SFAR data is for December 2020 

December is normally one of the slowest months of the year but strong buyer demand across most segments of the market, buoyed by near-record low interest rates, continue to drive a healthy sales pace in the face of a new wave of COVID-19 infections and a softening jobs market.

New Listings were down 3.5 percent for single family homes and 10.4 percent for Condo/TIC/Coop properties. Pending Sales increased 61.9 percent for single family homes and 91.4 percent for Condo/TIC/Coop properties.

The Median Sales Price was up 9.1 percent to $1,582,000 for single family homes but decreased 8.2 percent to $1,100,000 for Condo/TIC/Coop properties. Months Supply of Inventory remained flat for single family units but was up 60.9 percent for Condo/TIC/Coop units.

With low mortgage rates and strong buyer demand in most market segments, the housing market of early 2021 looks to continue the trends we saw in the second half of 2020. Low inventory and multiple offers on in-demand properties and market segments are likely to remain common while the market waits and hopes for a boost in new construction and a surge in home sellers to help provide more balance to the market.

 

San Francisco Condo/TIC/Coop Activity Overview

District 9: Central East Activity Overview

FOR THE FULL REPORT - CLICK HERE!

Sub-District 9 Statistics

Based on December SFARMLS month over month data.

Property showings are being scheduled by appointment. Please call me any time for information about the neighborhood or current market conditions. My successful marketing plan has been raising property values over the years. Let’s make it work for you too. Read my testimonials:

 and 

FOR SALE
ARDEN #1405 
Available APRIL 2021 - Asking $2,399,000
Light filled, corner condo with two walls of glass to eclipse the panoramic city skyline and bask in glorious sunsets
Bedrooms: 2
Bathrooms:2
Patio: 2
Museum Parc - 300 3rd St
Museum Parc #522 - Available Off-Market
www.3003rdSt-522.com
Virtual Tour
Condo Features:
Bedrooms: 1
Bathrooms: 1
Square Footage: 871
Wood Floors
Optimized Walk-In Closet
Folsom St. Views
In Person Showing
Available Now
MUSEUM PARC #724
Call for pricing
Available Off-Market
Description:

Move In ready
Bedrooms: 1
Bathrooms: 1.5
New Wood Floors
Electric Blinds
Secure Building
City Views
Leased Parking Available: $325/month
Crunch Fitness & Heated Pool: Discounted Fee
MUSEUM PARC
11th Floor, Corner Condo with City Views
Asking $3,998/ month
Description:
Bedrooms: 2
Bathrooms:2
255 BERRY ST
Top Floor, Mission Creek Views, & Parking
Asking $3,998/ month
Description:
Bedrooms: 2
Bathrooms:2
MUSEUM PARC #1008
Asking $2,500/ month
Description:
Bedrooms: 1
Bathrooms:1
MUSEUM PARC #808
Asking $2,950/ month
Description:
Bedrooms: 1
Bathrooms:1VIRTUAL TOUR
MUSEUM PARC
300 3RD St
8th Floor, Corner Condo with Courtyard View
Bedroom: 2
Bathroom: 2

Asking $3,998 /mo

Description:
Split Bedroom Floor plan
Bedrooms: 2
Bathrooms: 2
Brazilian Cherry Floors
Kitchen Updates: Partial
In-Unit Washer/Dryer
Optimized Closets
Peaceful Courtyard Views
Private Outdoor Patio

Lumina D Tower Northeast corner
'C' Floor plan with Bridge Views

FOR LEASE
338 Main Street
San Francisco, CA 94105
Bedrooms: 2
Bathrooms: 2
Size: 1400 SqFt

Asking $7,800 /mo

Description:
Views: Water, Bay Bridge, Morning Sunlight
Floors: Wood Floors, Tile In Unit
Washer/Dryer
Dual Pane Windows
A/C
Outdoor Terrace
7000 Sq Ft Fitness Center Indoor Pool
Secure Building
Parking Available

Infinity Tower
27th Floor

Customized with breathtaking water views
Bedrooms: 2
Bathrooms:2
Patio: 1

Asking $5,100 /mo

Coming Soon
Museum Parc - 3rd Floor with huge outdoor patio

Bedrooms: 1
Bathrooms: 1

Asking $2,800 /mo

Available : February 2021

Hardwood Floors
Patio: Extra Large Private Outdoor Space
Pets: Considered. There are HOA CCRs restrictions.