Archives for April 2010

Muni Schedule Changes effective May 8th.

As part of efforts to address the City’s unprecedented budget deficits, MUNI SCHEDULE CHANGES are effective May 8. New schedules and other information are at (printable PDF brochure of the changes) or call 511 for specific transit information.

Transbay Blog has a good overview of the changes coming up:

Read More

Sold: 27 Fresno Street

27 Fresno Street San Francisco, California   Sold at: $745,000 *Represented Buyer

Read More

What Costs How Much Where in San Francisco

Low, High & Median Sales Prices & Average Dollar per Square Foot: 10/16/09 – 4/15/10

These charts track recent SF home sales by low, high and median sales price, and average dollar per square foot ($/sq.ft.) for the 6-month period of 10/16/09 – 4/15/10. Changes in median price and average $/sq.ft. don’t necessarily signify a change in market values, as both statistics can be affected by changes in buying trends, "unusual" events, and, when the number of sales is small, by a few specific sales clustered well above or below normal.

Comparing this data to the previous 6-month period, changes in median price and average $/sq.ft. most commonly ranged in the 0 – 5% range, plus or minus: no definitive city-wide trend can yet be determined, though the increasing market demand would typically exert upward pressure on prices. Finally, remember that sales data is always 4 to 8 weeks behind the market, since that is the usual period of time between acceptance of offer and the final closing of the sale.

Within the charts, neighborhoods are listed in order of median sales price. If a price is followed by a "k" it references thousands of dollars; if followed by an "m", it signifies millions of dollars. "REO" refers to the sale of bank-owned properties (typically pursuant to foreclosure).

Continue reading to view the charts.

Read More

Condo Rebound

There is an an excellent article in the SF Business Times about the rebound in the condo market. Here is the Socketsite coverage of the article that has links to further articles.

Sales Office Stats: 555 Bartlett, 829 Folsom, LindenHayes, And Union


Sales office stats by way of the San Francisco Business Times for a few of the smaller new condo developments about town:

555 Bartlett: 31 (including 9 BMR) of 46 units in contract

829 Folsom: 19 of 69 units in contract
LindenHayes: 21 of 31 units in contract
Union: 64 of 76 units in contract or closed

“Pricing of these projects is a good 25 to 30 percent below the peak of the last cycle with prices hovering in the $600 to $750 a square foot range now. Buyers are bargaining hard while developers are lucky to recoup their equity or eke out a slim profit.”

Read More

Sold: 261 Oxford Street

261 Oxford Street San Francisco, California *Represented Buyer

Read More

Increasing Demand, Decreasing Supply, Stable Prices

April 2010 Update As shown in the updated charts below, buyer demand in the San Francisco home market continues to…

Read More