What’s Happening in the Market – June 2019

What’s Happening in the Market – June 2019

June 2019

Markets across the country are regulating toward a middle ground between buyers and sellers. While it remains true that sales prices are running higher and that inventory options are relatively low, buyers are beginning to find wiggle room at some price points and geographies.

New Listings were down 15.1 percent for single family homes and 20.3 percent for Condo/TIC/Coop properties. Pending Sales decreased 10.2 percent for single family homes but increased 12.8 percent for Condo/TIC/Coop properties.

The Median Sales Price was up 4.9 percent to $1,697,500 for single family homes but decreased 0.77 percent to $1,249,000 for Condo/TIC/Coop properties. Months Supply of Inventory decreased 4.8 percent for single family units and 20.7 percent for Condo/TIC/Coop units.

San Francisco Condo/TIC/Coop Activity Overview

District 9: Central East Activity Overview

FOR THE FULL REPORT – CLICK HERE!

Sub-District 9 Statistics

Supply and Demand continues to be an issue into 2019. Median Sales Prices and Days on the Market (DOM) in District 9 are up slightly. For the rental market, the rents are rising as demand is strong. Based on the May 2019 SFARMLS data.


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Buy it Now

235 Berry St, San Francisco

Excellent location! Walking distance to Caltrain !

Condo Features:

Asking:  $1,550,000
Bedrooms: 2
Bathrooms: 2 Full upstairs, .5 Bath downstairs
Square Footage: 1255
In Unit Washer/Dryer
South Facing Gated Patio just off Mission Creek
Assigned Self Parking: Included
Boutique Building: 99 units
Built: 2007
HOA: $682.55

It is a close walk to CalTrain, Buses & Uber.

Similar unit just sold:   https://www.235berry-unit-112.com/

For Lease 

Arden 718 Long Bridge St – September Move In 
Visit website for details: www.ArdenInfo.com

Description:
Bedrooms: 2
Bathrooms: 2
Air Conditioned
In Unit Washer/Dryer
Pet Friendly
Secure Building
Parking and Storage: Available
Condo Amenities: Pool, Gym, Social Lounge, Grill Area, EV charging, Mission Creek park across the street.