Sold listings reflects a national trend - more residential sales transactions year-to-date than any prior year!! We predict this pace will continue through the rest of the year for a busy Fall season. We had 5 transactions close + 8 listings went into contract in the past 30 days! Plus, we have several new and exciting listings coming on the market.
As the end of September nears, it's an extra special time for pumpkin picking, pie eating, and planning all our end of the year celebrations! What are your plans for the rest of the year? Let us know how we can help!
In this month’s newsletter:
Market Update -more transactions than any prior year!
Recent Sold - 5 Sold, 4 Pending, 4 In Contract, 6 New Listings in just 30 DAYS!!
New Exclusive Listingsby Mia Takami Real Estate (The Palms 1BR, The Towers 1BR & 2BR Townhome! Several Coming Soon!)
Client Appreciation - 2 past clients picked for a surprise gift card! Scroll down to claim your prize!
Hope you enjoy the read.
SF Condo Stats - Median Sales Price
SF Condo Stats - Median Days on Market
SF Condo Stats - Sold Listings
Sold listings reflects a national trend - more residential sales transactions year-to-date than any prior year, and predictions that this pace will continue with 2021 closing out approximately 17% above a “normal” year’s 5.5 million home sales.
Median sales prices have been bouncing around in the low to mid $1.2’s this year. The number of condo/loft/TIC sales was up 32.5% compared to last August, while the number of new listings was down 65.5%. With higher inflation, interest rates may rise which will create countervailing downward pressure on home prices due to the resulting higher monthly payments. As competitive buyers returned to fight for properties near tech centers, Bay Area home sales remained on a path of record prices and rising sales. Demand outstripped supply in August 2021, resulting in homes selling at an exceptionally quick rate.
While there is still some uncertainty with the Delta variant, overall, there is more stability than a year ago: the presidential election is behind us, a second stimulus bill was passed, a higher proportion of people are vaccinated in the core urban centers and there are established protocols for touring homes to ensure that buyers feel comfortable.
Are you considering buying or selling? Call us to discuss our winning strategy of how we achieve the best results for our clients! Join us for a Zoom call today!
Bright and inspiring 1 Bedroom + Patio residence with incredible amenities and luxurious details at The Palms in prime South Beach! The ultimate lifestyle space for working from home and entertaining in style. Enjoy afternoon work breaks right from your living room on a private patio. The modern, open layout features stylish wide-plank wood flooring and is filled with natural light through floor-to-ceiling windows!
Just Listed | 88 King St #422
Offered at $1,050,000
1 Bedroom / 1 Bathroom / Den or Office / 1 On Site Parking & Storage / Approx. 934 sq.ft.
Expansive, modern 1BR+Den residence, overlooking beautifully landscaped garden with serene palm tree and Oracle Park view! Rejuvenating waterfront oasis with the latest high tech amenities and exquisite designer finishes! View full list of upgrades on our website!
Coming Soon | 88 King St #110
Offered at $1,439,000
2 Bedrooms / 2.5 Bathrooms / Private Patio
1 On Site Parking & Storage / Approx. 1413 sq.ft.
Designer 2 level 2BR/2.5BA home with $46K+ worth of luxury upgrades! Expansive vaulted ceilings greet you upon entry to the living room leading to a patio with a private entrance and view of Oracle Park! View full list of upgrades on our website!
Modern/industrial home w private entrance! Enjoy it as a comfortable home, use it as the perfect pied-de-terre or if you’re an entrepreneur, capitalize on the location to pursue your next business adventure – it’s zoned for mixed use.
250 King #752, Beacon $1,850,000
3 Beds / 2 Baths / Approx. 1653 Sq Ft Highly desirable southwest corner home w floor to ceiling walls of expansive windows! A stunning backdrop to everyday living with breathtaking iconic views of the Bay & Oracle Park! New flooring, designer upgrades throughout & AC for year round comfort.
260 King St #953, Beacon $649,000
Jr-1 Bed / 1 Bath / Approx. 628 Sq Ft Charming corner Jr 1BR Penthouse residence at Beacon with lush courtyard/pool views. Expansive/open living space has shelving in front of the windows creating an airy feel w the opportunity to add decor or window seat.New Staged Photos Next Week!
207 King #409 | Glassworks $1,695,000 OH: Sun 2-4pm 2 Bedrooms / 2.5 Bathrooms / Den / 1765 Sq Ft GLASSWORKS 2 level residence feat soaring 20ft ceilings & wall of expansive windows w Oracle Park view! Enjoy a large Den that could be enclosed as 3rd BR/used as a family room or home office. 1 onsite parking & storage!
207 King #401, Glassworks $1,799,000 OH: Sun 2-4pm 2 Bedrooms / 2.5 Bathrooms / Den / 1900 Sq Ft GLASSWORKS 2 level residence feat soaring 20ft ceilings & wall of expansive windows! Enjoy a large Den that could be enclosed as 3rd BR/used as a family room or home office. 1 onsite parking & storage!
333 Bush #4206 | 333 Bush $2,195,000 OH: Sun 2-4pm
2 Bedroom / 2 Bathrooms / 1798 Sq Ft Spectacular views of the Golden Gate Bridge, Bay, Transamerica Pyramid and San Francisco Hills greet you upon entry at the prestigious 333 Bush in Financial District!
361 Hamilton, Portola $1,595,000 OH: Sat 2-4pm, Sun 11-1 3 Bedrooms / 2 Bathrooms / Family Room / Outdoor Deck + Backyard / 1775 Sq Ft Stylishly remodeled home with STUNNING BAY views and beautifully landscaped backyard and outdoor deck!