Condo Market Climbs Out of Doldrums in Summer 2024
The condo market saw measureable year-over-year improvements this past July and August.
Market Insights
The condo market saw measureable year-over-year improvements this past July and August.
The San Francisco house market was stable this summer, with buyer and seller activity holding steady in July and August.
Big changes in the way broker commissions are paid are now in effect. There’s a lot for future home sellers to know so they can decide what strategy will best benefit them.
Offers of buyer broker compensation are no longer appearing in the Multiple Listing Service (MLS).
Basing your offer price largely on square footage is not something I recommend doing.
We just closed the sale on my Potrero/Dogpatch listing at 631 Mississippi.
Single-family home buyers weren’t shy about throwing money at houses in the second quarter. Overbidding was the norm and inventory remained limited.
The condo market gained traction in the second quarter as sales volume got a boost and even the luxury category made a stronger showing.
Summer can be a good time to sell in San Francisco, but your success will largely depend on what type of property you’re listing.
Half of all active single-family homes and 70% of all condo listings in San Francisco have been sitting on the market for 30 days or more.
My clients just snagged a great house in the Outer Parkside.
The San Francisco condo market—while not as strong as its single-family home counterpart—has been holding its own this spring.
Limited inventory is leading to a somewhat frenetic single-family home market in San Francisco this spring.
It’s looking like we’ll be stuck with the current interest rates for a while.
Whether you should move ahead with “legalizing” an existing in-law apartment—or creating one—depends upon what type of property you own.