Welcome To The 2023 Holiday Home Stretch
We are officially in the holiday home stretch for 2023. Here’s a breakdown of what’s available in the house, condo and TIC markets.
Mission
We are officially in the holiday home stretch for 2023. Here’s a breakdown of what’s available in the house, condo and TIC markets.
We saw YOY median price and volume declines, but some buyers bucked the trend and really went for it when it came to spacious, updated flats in older buildings.
The tenancy-in-common (TIC) market continues to represent a small slice of properties sold in San Francisco. But TICs can put buyers on a path to get more space in a better location than a condo will allow.
We saw year-over-year (YOY) drops in volume and median price in September, but the luxury market came to life with a $17.5M penthouse closing after almost 500 days on the market.
My new vacant two-unit building listing in Noe Valley is perfect for TIC partners or owner occupiers looking to rent the other unit.
We’re still seeing lots of condo inventory in San Francisco, and I’m hoping buyers take advantage of the recently lower interest rates to purchase some of the available units.
My new listing in the Valencia Corridor is a direct hit for those looking for a charming Victorian with period detail with a large bonus space and big shared garden.
The San Francisco condo market is still sluggish, with way more units on the market than there are in contract. The good news, however, is that buyers don’t appear to be giving up on purchasing condos in the city.
Condo median price and volume leapfrogged over the previous two months of 2023—good news for San Francisco’s condo market.
The condo market showed signs of life in January, with a higher year-over-year median price and new buyers getting into the mix.
The duplex is an ever-popular San Francisco real estate option, with a variety of uses that translates into a large buyer pool. The duplex market held its own in the second half of 2022, with many sales closing for over the list price.
The holiday season wasn’t kind to the condo market as volume and price both took dives in December.
We are officially in the holiday home stretch for 2022. Here’s a breakdown of what’s available in the house, condo and TIC markets.
Get to know the neighborhoods that are closest to a station if you need BART proximity.
Getting into bidding wars for fixers isn’t appealing to buyers as they grapple with rising interest rates and the high renovation costs.