The State of the Market is
CHANGING and FULL OF OPPORTUNITY

We are seeing a bit of a slowdown in the market, but there are plenty of opportunities out there for buyers and sellers alike! Rates, which were expected to go up, actually went down slightly. This has given buyers sitting on the sidelines during the slow 4th quarter even more reasons to get off the bench. And for sellers, if your property is priced and marketed correctly,
you will do very well!

If you want to know what your property could sell for in our current market conditions, reach out to me for a free market valuation - I'm happy to help!

Compliments
of
VIVIAN LEE
San Francisco General Data:

Median Price Single Family Homes $1,505,000 - up 0.3% from Q4 of 2017*

Median Price Condos $1,227,500 - up 3.6 % from Q4 of 2017*
BarbCo Agents Post Top Sales in 2018!
Sold! 11/14/2018 $4,600,000
TOP SALE DISTRICT 4
Sold! 5/30/18
$3,400,000
2nd HIGHEST SALE DISTRICT 2
Sold! 10/19/18
$5,550,000
2nd HIGHEST SALE
NOE VALLEY
Highest/Lowest Citywide for the Year**
Highest Price Single Family Home Sale for Q4 2018: 2900 Broadway Street in Pacific Heights sold for $32,000,000
on 10/29/18
Lowest Price Single Family Home Sale for Q4 2018: 445 Sunrise Way in Visitation Valley sold for $575,000
on 9/07/18
Highest Price Condo Sale for Q4 2018: 188 Minna, #38A in Yerba Buena sold for $10,900,000 on 10/04/18
Lowest Price Condo/TIC Sale for Q4 2018: 1445 48th Ave., #2 in the Outer Sunset s old for $475,000 on 10/25/18
Median Price Single Family Homes by District:
Q4 2018 vs Q4 2017
The biggest increase in median sales price for Single Family Homes was for District 10 (Bayview, Excelsior, Portola, Visitation Valley, etc.) , with an increase in median price from Q4 2017 to Q4 2018 of 14%! District 7 ( Pacific Heights , Presidio Terrace , Presidio Heights , Cow Hollow and The Marina ) retains the highest median price at $4,600,000 (which is actually down 2% from Q4 2017), and District 10 ( Bayview , Excelsior , Crocker Amazon , Outer Mission , etc. ) remains
the lowest median price at $1,083,000.
Single Family Homes - Price per Square Foot by District:
Q4 2018 vs Q4 2017
For single family homes, the highest price per square foot is District 7 ( Pacific Heights , Presidio Terrace , Presidio Heights , Cow Hollow and The Marina ) at $1,374/sq ft (down 6% from Q4 2017) and the lowest is District 10 ( Excelsior , Outer Mission , Mission Terrace , Bayview , etc.) at $724/sq ft (up 0.6% from Q4 2017). The prize for largest year over year increase in price per square foot for the quarter goes to District 8 ( Telegraph Hill, Nob Hill, Russian Hill - and also The Financial District, Tenderloin, Union Square, etc. , but not as many SFHs there) with a 20% increase from Q4 2017 to Q4 2018. It's important to note that this is based
on a sample size of only 6 properties.
Median Price Condos by District: Q4 2018 vs. Q4 2017
The biggest increase in median price for condos was for District 2 ( Sunset, Parkside, Golden Gate Heights, etc. ) at a 16% increase ($1,280,000). The price per square foot went up by 11% during this time for the same area ($985/sq ft). It's important to keep in mind the variation in properties that we have so often in this city. District 7 retains the top median price in this category as well at $1,432,500 (actually down by 13%), while District 10 also retains the lowest price spot at $722,500 (down 15%).
San Francisco District Map
* Numbers come from InfoSparks data from the SFARMLS comparing Q4 2018 with Q4 2017.
** Sales across all brokerages and for all of San Francisco.

Disclaimer: The information above has been secured from sources we believe to be reliable.
We have no reason to doubt it, but we do not guarantee it. Lic# 01259825 
West of Twin Peaks
45 West Portal
415.566.1112
Marina/Cow Hollow
2381 Chestnut Street
415.580.1112