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Over, Under, At – SF Home Sales: January 19 – 25, 2008

up-down.jpgWelcome 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 San Francisco Market is like a roller coaster. Last week we had 63 home sales, this week we have 20. However, considerinig that a typical escrow lasts around 30 days, this week we’re looking at the sales that closed around the week of Christmas, which is notoriously slow for home sales. However, on a cheerier note, 41 properties went into contract. Places are selling, and the market outlook is still good. Read on for last weeks statistics.
Here’s a quick breakdown of closed San Francisco home sales for the week from January 12 – 18, 2008:
Single Family Homes
11 Homes Sold

  • 2 Sold OVER Asking Price
  • 6 Sold UNDER Asking Price
  • 3 Sold AT Asking Price
  • Condos/Lofts/Co-ops’s
    7 Homes Sold

  • 2 Sold OVER Asking Price
  • 2 Sold UNDER Asking Price
  • 3 Sold AT Asking Price
  • TIC’s
    2 Homes Sold

  • 1 Sold OVER Asking Price
  • 0 Sold UNDER Asking Price
  • 1 Sold AT Asking Price
  • Luba