What’s Happening In The Market? November Update

Please note: this SFAR data is for October 2020 (Data was delivered late)

October continued to be busier than the calendar normally suggests. Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers remain a common occurrence in many areas, keeping housing hot while the temperatures continue to fall.

New Listings were up 18.0 percent for single family homes and 26.2 percent for Condo/TIC/Coop properties. Pending Sales increased 17.8 percent for single family homes and 7.2 percent for Condo/TIC/Coop properties.

The Median Sales Price was down 1.5 percent to $1,625,555 for single family homes and 12.6 percent to $1,157,500 for Condo/TIC/Coop properties. Months Supply of Inventory increased 30.0 percent for single family units and 100.0 percent for Condo/TIC/Coop units.

Mortgage rates dropped to new record lows again in October, helping to offset the monthly mortgage payment increases caused by the rise in home prices seen in many segments of the market across the country. While prices often dip a bit in the winter months, continued buyer demand may temper any price
retreats this year.

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 October SFARMLS month over month data.

The purchase market for single family homes continues to be active and the rental market is picking up due to employees returning to work. Large companies will continue to work from home for some time.

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 

 

Museum Parc - 300 3rd St
Museum Parc #522 - Price Improvement $798,000
This is a great time to buy with low interest rates and low prices.
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
Description:
Move In ready
Call for Pricing
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 #1008
Call for pricing

Description:

Move In ready
Call for Pricing
6 month minimum
Bedrooms: 1
Bathrooms: 1
New Carpet
Secure Building
Peaceful Courtyard Views
Leased Parking Available: $325/month
Crunch Fitness & Heated Pool: Discounted Fee

MUSEUM PARC #808
$2950
Description:
VIRTUAL TOUR
Executive Fully Furnished – 6 month minimum
Bedrooms: 1
Bathrooms: 1
Wood Floors
In Unit Washer/Dryer
Secure Building
Courtyard Views
Leased Parking Available: $325/month
Crunch Fitness & Heated Pool: Discounted Fee

MUSEUM PARC

MP #1012 – CORNER with PRIVATE ROOFTOP PATIO

Call for pricing

Zillow

Bedrooms: 1
Bathrooms: 1

Description:
Private corner condo
Spectacular Rooftop patio with sliding doors
Bask in the sun & watch the sun set behind the dome of city hall
Wrap around floor to ceiling windows
Floors: Wood, Carpet, Tile
In Unit Washer/Dryer
Dual Pane Windows
Secure Building
Views: Bayt, Mission Bay, SOMA, Yerba Buena
Leased Parking Available: $325/month
Crunch Fitness & Heated Pool: Discounted Fee

Coming Soon

MUSEUM PARC
300 3RD St

FOR SALE or FOR RENT
2 Bedroom, 2 Bathroom, Courtyard view

Call for pricing

Description:
Call for Details
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
Coming Soon
Lumina D Tower Northeast corner
'C' Floor plan with Bridge ViewsFOR LEASE or FOR SALE
338 Main Street
San Francisco, CA 94105
Bedrooms: 2
Bathrooms: 2
Size: 1400 SqFt
Call for pricing
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
LEASED
Hills Plaza 11th Floor
75 Folsom St @ the Embarcadero

Bedrooms: 1
Bathrooms: 1 
LEASED
Arden
718 Long Bridge Street #1501
San Francisco, CA
www.ardeninfo.com

Bedrooms: 2
Bathrooms: 2
LEASED
LUMINA #17D
338 Main Street
San Francisco, CA 94105
Bedrooms: 1
Bathrooms: 1
LEASED OFF MARKET
Arden
718 Long Bridge Street #1502
San Francisco, CA
www.ardeninfo.com

Bedrooms: 2
Bathrooms: 2