As we start out the new year, we are excited to see optimism in the San Francisco real estate market with condo sales picking up (currently low inventory!!) and more inventory hitting the market towards Spring. Interest rates remain at historic lows, stock markets sore to new highs, IPO mania and vaccines begin to arrive... just in time for the 2021! Who's hopeful for the future? 🌈💫💖
In this month’s newsletter:
2020 Market Report - FULL YEAR STATS LIVE ON OUR WEBSITE!!!
Market Update - SF Rents may be on the rise again!
Recent Sold - Condo Market Picking Up!
New Exclusive Listings by Mia Takami Real Estate - 5 NEW Amazing Properties!!
Buyers Tour Feature - Experience the luxury lifestyle on our VIP buyers tours!
About Mia + Team - Meet our Agent, Angie Leonenka!
The 2020 Market Report is now LIVE on our website! It outlines the condo market trends for the FULL YEAR of 2020. 16 buildings are featured in our new report along with year over year statistics, recent sold and much more!
Many of us have noticed during the shelter in place that the quality of our home greatly affects the quality of our lives. We saw a wave of relocations made possible due to remote work. Mortgage rates remain at historic lows, which have helped support home prices. Buyers are active in the market and will continue to purchase homes that fit their new lifestyle. Our team has utilized innovative technologies to engage buyers and execute deals. From identifying great off-market opportunities + touring properties, to helping clients look for the best rates + working with partnered vendors to secure fast closings - 2020 changed the game in how we do business with our clients! We are gearing up for 2021 to be the most intense real estate market in recent years!
Please reach out to us with how our team can help you achieve your real estate goals and plan for your future. As your local real estate experts, we want to make sure you have the most up to date information and can make the best choice tailored to your circumstances and lives.
May your choices reflect your hopes for the future as you choose to stay in SF or move to a new city! More importantly, we hope you and your loved ones stay safe with good health in 2021.
The real estate market saw complicated dynamics in supply and demand last year, so it is refreshing to see the market continue to recover smoothly. Inventory has risen for both property types, up 25% to 3 months for single-family homes and a whopping 93.5% to 6 months for condo/loft/TICs. 6 months of inventory is regarded as a “balanced” market where buyers and sellers have equal leverage in the market/negotiating power. Like many parts of the country, sales were very strong for both property types, up 28.7% for single-family homes and 29.1% for condo/loft/TICs.
For the first time since April 2020, we saw rental prices increase at a monthly rate in San Francisco after months of decline in the city and throughout the entire Bay Area.
Now that vaccinations are happening, it remains to be seen if the exodus from apartments and condos will continue, or whether it will level off or even reverse. One thing we’ve all learned in 2020 is that the future is incredibly difficult to predict, but we do see a light at the end of the tunnel!
Napa, Solano County, Santa Clara County, Marin, San Mateo Market Reports available upon request.
Experience bright and inspiring living on Mission Creek! The 2br/2ba home has large picturesque windows bringing in gleaming rays of natural sunlight & lush garden views. Enjoy fresh air on afternoon work breaks from a private balcony overlooking the courtyard. Feel inspired by this peaceful, playful neighborhood with beautiful parks and outdoor activities right at your doorstep.
Perfectly situated above all Mission Bay has to offer, this stylish corner condo has floor to ceiling walls of windows showcasing vibrant downtown and Twin Peaks views!
Coming Soon | 300 3rd St
1 Bedroom / 1 Bathroom / Approx. 1000 Sq Ft
Stylish 1BR home with garden patio. Situated in the heart of Yerba Buena, world-class dining, shopping, entertainment and cultural amenities are all at your doorstep!
Coming Soon | 2701 Van Ness
Jr 1 Bedroom / 1 Bathroom
Experience a majestic Beaux-Arts architectural masterpiece at The Marina Chateau. A grand 2 story Spanish Mediterranean lobby greets you upon entry built with impeccable detail. Enjoy stunning sunrise and sunset views of the Golden Gate Bridge and Bay on the panoramic roof deck.
Have you been waiting for the right time to invest in real estate? Many suggest that time may be now! These photos are from our private luxury buyers tour, touring THE BEST of San Francisco.
The experience of buying a home goes beyond crunching numbers in a mortgage calculator and doing a market analysis. Buying a home is an experience that will lead you to create life’s greatest memories. Many can recall stages of life from the home they lived in and tie it to a particular moment. You can look back at your photos and see the Christmas tree in front of the window or enjoying your morning coffee out on your balcony. It is our mission to help you find the home that feels right so that you can create life’s greatest memories. We are also experienced working with investors; advising them on their niche or micro neighborhoods to invest in along with appreciation potential.
We have a new buyer's presentation booklet that we would love to share with you! It outlines information about our team and how we can provide you the best results when looking for a new home. Contact us if you are considering buying or just want to know what the market is like today 415.728.2596.
About Mia + Team
Angie - Realtor
As a seasoned real estate professional, Angie is fully committed to her clients’ success. She strives to achieve the best outcome for every transaction and ensures that the home buying/selling process will be fun, easy, and stress-free for all clients that work with her. Angie is an expert in the SF condo market and has closed several deals in East Bay/Oakland! In her spare time, Angie enjoys traveling the world with her husband, experiencing new trendy restaurants in San Francisco, hiking Bay Area trails, playing tennis, and doing yoga.