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.
Happy Monday folks. A few changes from last week… Single Family Homes increased in number and the number of homes that sold over asking increased a good bit (in fact, more homes some over the asking price than “at” and “under” combined), but condos sales slipped and TIC sales stayed flat. Properties are still selling – I mean, it IS San Francisco after all.
Keep in mind that these reports are meant to be helpful for potential buyers and sellers – but to really understand the pulse of the SF real estate market, talk to a local real estate agent. We’re in the trenches and these closed sales went into escrow a month ago (sometimes less, sometimes more). We are much better in tune with what’s going on in the market TODAY and can give you much more in depth information than any set of statistics can. If you need advice from a San Francisco Realtor, feel free to contact me. I’m always happy to talk real estate.
Here’s a quick breakdown of closed San Francisco home sales for the week from January 19 – 25, 2009:
Single Family Homes – 17 Homes Sold
Condos/Lofts/Co-ops’s – 7 Homes Sold
TIC’s – 3 Home Sold