Welcome back to the â€œOver, Under, Atâ€ weekly feature. Itâ€™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 donâ€™t get posted on the MLS.
52 sales this week – up from 37 last week. Single family homes did pretty well in the “over” department this time around, while condos and TIC’s didn’t fare quite as well. But sales are creeping upwards, and we haven’t even seen the effect of the upcoming changes to conforming loan limits. Keep your eyes peeled over the next few weeks. I have a feeling that sales for the remainder of February and March will set the tone for the rest of the 2008. Stay tuned folks. Stay tuned.
Here’s a quick breakdown of closed San Francisco home sales for the week from February 9-15, 2008:
Single Family Homes –
24 Homes Sold
18 Homes Sold
10 Homes Sold