Welcome back to the “Over, Under, At” weekly feature. It’s a simple breakdown taken from MLS data that shows the number of closed sales that sold Over Asking Price, Under Asking Price or At Asking Price.
*Just a reminder that new construction sales are rarely included in this list since they don’t get posted on the MLS.
The number of closed sales took a dip from last week all across the board, however, that’s a typical pattern for San Francisco Real Estate (the market always slows down around November and December, so do expect the next several weeks to also have low number). Most single family homes still closed above asking price, while more than half of the condos closed under asking. Not a single TIC, however, closed under asking this week.
Here’s a quick breakdown of closed sales for the week from November 10 through November 16 2007:
Single Family Homes –
26 Homes Sold
33 Homes Sold
7 Homes Sold