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Condo Prices Hold Steady

April 8, 2009 By Leave a Comment

Condo sales volumes were minimal in comparison to past first quarters, but again, prices held up. Areas such as Potrero Hill were given a boost by new construction buildings aimed at first-time home buyers. Once again, the mid-market selling range was king. Here’s a look at how some neighborhoods fared that cater to condo buyers:

Inner Richmond
# Sold: 1
Avge Price: $899,000

Inner Sunset
# Sold: 2
Avge Price: $750,000

Noe Valley
# Sold: 14
Avge Price: $794,071

Eureka Valley
# Sold: 7
Avge Price: $747,286

Mission Dolores
# Sold: 7
Avge Price: $787,143

Duboce Triangle
# Sold: 6
Avge Price: $862,333

The Haight
# Sold: 2
Avge Price: $835,000

Cole Valley
# Sold: 1
Avge Price: $760,000

Hayes Valley
# Sold: 1
Avge Price: $840,000

North Panhandle
# Sold: 6
Avge Price: $717,833

Pacific Heights
# Sold: 7
Avge Price: $763,667

Lower Pacific Heights
# Sold: 5
Avge Price: $669,200

Potrero Hill
# Sold: 13
Avge Price: $505,558

*South of Market
# Sold: 14
Avge Price: $693,343

*South Beach
# Sold: 17
Avge Price: $869,781

*Mission Bay
# Sold: 5
Avge Price: $611,700

*Limited to data provided in MLS; does not include data from sales offices in new development properties.

Filed Under: Market News Tagged With: , , , , , , , , , , , , , , , , ,

Checking Out Q1 House Averages

April 7, 2009 By Leave a Comment

With volumes and prices down, the first quarter of the year opened with a whimper. Buyers were reluctant to make purchase decisions, and sellers held back from putting their homes on the market.

Most neighborhood averages were below $1M. That just supports my theory that the most popular price range continues to be $400,000-$900,000. Here’s a look at how single-family homes fared in a variety of neighborhoods:

Inner Richmond
# Sold: 2
Avge Price: $860,000

Inner Sunset
# Sold: 4
Avge Price: $793,200

Parkside
# Sold: 11
Avge Price: $719,000

Ingleside/I. Heights
# Sold: 14
Avge Price: $445,279

Miraloma Park
# Sold: 8
Avge Price: $831,375

Sunnyside
# Sold: 9
Avge Price: $684,333

Noe Valley
# Sold: 19
Avge Price: $1,291,605

Glen Park
# Sold: 8
Avge Price: $941,625

Corona Heights
# Sold: 2
Avge Price: $1,145,000

Pacific Heights
# Sold: 3
Avge Price: $3,524,500

The Mission
# Sold: 2
Avge Price: $592,625

Bernal Heights
# Sold: 11
Avge Price: $710,455

Potrero Hill
# Sold: 6
Avge Price: $952,333

The Excelsior
# Sold: 18
Avge Price: $529,411

Stop in tomorrow for a look at condo averages!

Filed Under: Bernal/Excelsior, Glen Park, Haight/NoPa, Hayes Valley, Ingleside/Lakeside, Market News, Miraloma Park, Mission, Noe/Eureka Valley, Potrero/Dogpatch, Richmond/Lake, Sunset/Parkside Tagged With: , , , , , , , , , , ,

Pay Your Property Taxes This Week

April 6, 2009 By Leave a Comment

Yes, it’s that time of year: The second installment for San Francisco property taxes is due this Friday, April 10th.

You can make electronic payments online at the
Office of the Treasurer and Tax Collector site, or by phone (1-800-890-1950). Keep in mind there is a small “convenience” fee for using these methods.

If you haven’t received your tax bill in the mail—say, if you’re a new homeowner—it’s a good idea to use the Treasurer site to look up your address, and check on what you may owe.

Filed Under: Home Owner Tips Tagged With:

145 Swiss: Off Its Peak

April 3, 2009 By Leave a Comment

145swissLast listed in March 2007 for $760,000 and sold amidst multiple offers for $900,000, 145 Swiss in Glen Park is back on the market for $799,000.

I recall this 2BR/1BA house with a small room and bath down as being very tiny overall—and was frankly shocked at the selling price. Locationwise, it’s a bit removed from the downtown Glen Park area, but about one block from the Canyon park.

We’ll see how this price does in the current market.

Filed Under: Glen Park Tagged With:

Check out CRIMEMaps

April 2, 2009 By 1 Comment

One of the best resources I’ve found for researching crime incidents in San Francisco is the CRIMEMaps Web site. Launched a few years ago by the San Francisco Police Department, the site allows you to type in an address and view all the reported incidents within a certain radius and within the last 90 days. It’s a great tool for those individuals who want to do their due diligence when considering purchasing a home.

The site’s interface is a bit text heavy and somewhat clunky, but it gets the job done. Once you type in your address and desired criteria, a map will appear with color-coded symbols indicating the various reported crimes nearby. You can click on the symbols to get the details. For example, I just clicked on a yellow dot and discovered there was a battery and assault incident right around the block from my home over the past week! CRIMEMaps is a lot of fun.

Filed Under: Home Buyer Tips Tagged With: ,

Neighborhood Spotlight: Ingleside

April 1, 2009 By Leave a Comment

An often overlooked neighborhood is Ingleside. Located south of Sunnyside and City College, east of the Stonestown area, and just west of Mission Terrace, Ingleside enjoys close proximity to Hwy 280. It’s also fairly close to the Balboa Park BART & Muni station, which provides service to downtown San Francisco.

Ocean Avenue is the retail strip that runs across the north end of Ingleside. This is where you’ll find sandwich, coffee, and produce shops, clothing stores, library, veterinarian, and even a massive 24-Hour Fitness.

And the neighborhood is priced within the first-time home buyer range. Approximately 26 homes have sold in Ingleside since October 2008, at an average price of $504,277.

Filed Under: Ingleside/Lakeside, Neighborhoods Tagged With: , ,