Posts Tagged ‘active listings’

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Tuesday Tour Show-Stoppers I

March 11, 2009

Tuesdays are great.  In case you didn’t know, Tuesday is the day of the “Broker’s Tour”… a sort of MTV Cribs for Realtors.  Agents all over the City hold their listings open so they can showcase their clients’ properties to other agents.  You always know it’s Tuesday when you drive through the neighborhoods and see an excessive amount of double parked cars, emergency lights flashing, blocking driveways and sidewalks.  That’s us agents, and we apologize for the disruption.

Ok... so it's not totally like MTV Cribs.

Ok... so it's not precisely like MTV Cribs.

The tour is serious business because part of successfully marketing a home is letting the agent community know about it.  Agents then tell their buyers what homes are good matches for them.

Every Tuesday, we see about 20-30 homes (depending on what is available, and how long that coffee buzz lasts).  We thought it would be a good idea to highlight some of the homes we were “wowed” by each week.  This is our first installment of “Tuesday Tour Show-Stoppers”.  And we must apologize in advance, we have expensive taste.

Continue reading to view this past Tuesday’s Show-Stoppers –>

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Inventory Distribution by Asking Price

February 17, 2009

This morning we took a pulse reading of the local market to see the distribution of the 1,484 homes for sale in San Francisco.  Homes included in our analysis include condos, TICs, lofts, stock co-ops, and single family residences.  Keep in mind, homes not advertised on the MLS (such as pocket listings, FSBOs, and new developments) are not reflected in this data.

Current Inventory Distribution by asking price (click to enlarge)

Current Inventory Distribution by asking price (click to enlarge)

  • Listings asking over $1 million account for exactly one quarter of all homes for sale in San Francisco.
  • Listings asking $500,000 to $999,999 account for over half (53.77%) of all homes for sale in San Francisco.
  • Listings asking $500,000 to $749,999 account for 31.60% of all actives.  This is the largest category when breaking the market down in $250,000 increments.
  • The next largest is the $750,000 to $999,999 category, posting 22.17% of all actives.
  • Listings in the ultra-luxury market (above $4 million) account for 1.82% of all homes for sale in San Francisco.
  • There are more homes for sale over $1 million [378] than there are under $500,000 [308].
  • Want a home for less than $250K?  Good luck.  Less than 1% of all homes for sale in San Francisco fit the bill.  It’s twice as easy to find something over $4 million!

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