The Real Estate Report August/September, local market trends San Francisco: "Lack of Inventory Plagues Market" by AMSI's Real Estate Broker Robb Fleischer
Annie Williams Market Trends Aug-Sept 2014Jon Weaver
- Home and condo sales were down in San Francisco in July compared to the previous year. The median home price rose 20.6% to $1,073,500 while the median condo price grew 9.8% to $944,500.
- The local real estate market continues to struggle with low inventory. There are only around 240 homes currently on the market, which is less than one month of sales. The lack of inventory is hindering market activity.
- Mortgage rates rose slightly in August after comments from the Federal Reserve signaled the central bank may start raising rates sooner than previously expected. However, rates remain low historically and global economic uncertainties are keeping further increases at bay for now.
The real estate market in San Francisco remains extremely competitive, with high demand and low inventory pushing home prices to new all-time highs. In April, the median price for single-family homes hit $1,000,000 for the first time, while the median price for condos/lofts reached $855,000. Sales have also doubled or tripled compared to the previous month. With continued expansion of Silicon Valley and an inventory of only around 500 homes for sale, experts predict prices will continue rising sharply due to lack of supply and high demand.
Annie Williams Market Trends June-July 2016Jon Weaver
Sales of single-family, re-sale homes jumped dramatically in May. They were up 53.5% from April and 48.3% year-over-year. The 304 home sales were the most for any month since 305 homes were sold in November 2004. Year-to-date, home sales are down 8.9% while condo sales are down 6.9%.
This document provides a summary of real estate market trends in San Francisco for August/September 2014. Key points include:
- The median home price in San Francisco was $988,500 in August, up 1.2% year-over-year but down from July. Condo prices also declined slightly.
- Home and condo sales saw small declines compared to previous months but were up year-over-year. Inventory remains low while demand is high.
- Mortgage rates dipped slightly in recent weeks but are expected to remain stable overall.
- Foreclosure activity continued declining from previous years.
Annie Williams Market Report April-May 2016Jon Weaver
Sales of both single-family, re-sale homes and
condos/townhomes jumped in March.
After an anemic start to the year, sales of homes in
San Francisco rose 148.5% in March from
February. Year-over-year, sales were up 40.2%.
Not to be left out, sales of condos/townhomes were
up 77.5% from February, and they were up 13.1%
year-over-year.
Annie Williams Market Trends Sept-Oct 2014Jon Weaver
- The median home price in San Francisco increased 1.2% year-over-year to $988,500 in August, while condo prices rose 14.1% to $930,000.
- Home sales fell 8.8% compared to the previous August. Condo sales were down 6.3%.
- Foreclosure notices and bank-owned homes continued to decline in the city.
Annie Williams Real Estate Report - September 2020Jon Weaver
Home Sales Continue to Surge, Prices Rise
Sales of single-family, re-sale homes jumped in August, rising 27.4% year-over-year. They were up 1.9% from July. There were 214 homes sold in San Francisco last month. The average since 2000 is 214. Year-to-date, home sales are down 18.8%. Condo sales are down 26%.
Annie Williams Market Trends Aug-Sept 2014Jon Weaver
- Home and condo sales were down in San Francisco in July compared to the previous year. The median home price rose 20.6% to $1,073,500 while the median condo price grew 9.8% to $944,500.
- The local real estate market continues to struggle with low inventory. There are only around 240 homes currently on the market, which is less than one month of sales. The lack of inventory is hindering market activity.
- Mortgage rates rose slightly in August after comments from the Federal Reserve signaled the central bank may start raising rates sooner than previously expected. However, rates remain low historically and global economic uncertainties are keeping further increases at bay for now.
The real estate market in San Francisco remains extremely competitive, with high demand and low inventory pushing home prices to new all-time highs. In April, the median price for single-family homes hit $1,000,000 for the first time, while the median price for condos/lofts reached $855,000. Sales have also doubled or tripled compared to the previous month. With continued expansion of Silicon Valley and an inventory of only around 500 homes for sale, experts predict prices will continue rising sharply due to lack of supply and high demand.
Annie Williams Market Trends June-July 2016Jon Weaver
Sales of single-family, re-sale homes jumped dramatically in May. They were up 53.5% from April and 48.3% year-over-year. The 304 home sales were the most for any month since 305 homes were sold in November 2004. Year-to-date, home sales are down 8.9% while condo sales are down 6.9%.
This document provides a summary of real estate market trends in San Francisco for August/September 2014. Key points include:
- The median home price in San Francisco was $988,500 in August, up 1.2% year-over-year but down from July. Condo prices also declined slightly.
- Home and condo sales saw small declines compared to previous months but were up year-over-year. Inventory remains low while demand is high.
- Mortgage rates dipped slightly in recent weeks but are expected to remain stable overall.
- Foreclosure activity continued declining from previous years.
Annie Williams Market Report April-May 2016Jon Weaver
Sales of both single-family, re-sale homes and
condos/townhomes jumped in March.
After an anemic start to the year, sales of homes in
San Francisco rose 148.5% in March from
February. Year-over-year, sales were up 40.2%.
Not to be left out, sales of condos/townhomes were
up 77.5% from February, and they were up 13.1%
year-over-year.
Annie Williams Market Trends Sept-Oct 2014Jon Weaver
- The median home price in San Francisco increased 1.2% year-over-year to $988,500 in August, while condo prices rose 14.1% to $930,000.
- Home sales fell 8.8% compared to the previous August. Condo sales were down 6.3%.
- Foreclosure notices and bank-owned homes continued to decline in the city.
Annie Williams Real Estate Report - September 2020Jon Weaver
Home Sales Continue to Surge, Prices Rise
Sales of single-family, re-sale homes jumped in August, rising 27.4% year-over-year. They were up 1.9% from July. There were 214 homes sold in San Francisco last month. The average since 2000 is 214. Year-to-date, home sales are down 18.8%. Condo sales are down 26%.
Case-Shiller Report Slowing Price Increases - Real Estate Report October/Nove...AMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes montly updates regarding mortgage rates, market statistics, sales momentum, pricing momentums, trends at a glance, foreclosure statistics and more.
Quantitative Easing and Mortgage Rates - Real Estate Report November/DecemberAMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Annie Williams Market Trends July-Aug 2014Jon Weaver
- Housing prices in San Francisco reached new all-time highs in June, with the median home price rising 25% year-over-year to $1,200,000. Condo prices also rose significantly.
- Despite rising prices, home sales fell 24.7% from the previous June due to low inventory and high prices. Condo sales rose slightly.
- Mortgage rates are expected to remain low in the near future but rise gradually later in the year as the Federal Reserve continues to taper its bond purchasing program. This real estate market remains very challenging for buyers.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Prices Reach All-Time Highs, Again - Real Estate Report July/AugustAMSI, San Francisco
The Real Estate Report July/August, local market trends San Francisco: "Prices Reach All-Time Highs, Again" by AMSI's Real Estate Broker Robb Fleischer
Annie Williams Market Trends Nov-Dec 2014Jon Weaver
- Home sales in San Francisco increased 11.2% year-over-year in October while condo/loft sales decreased 4.3%. The median home price rose 32.5% to $1,208,000 and median condo price increased 10.3% to $955,000.
- Mortgage rates are expected to gradually increase in the coming months as the Federal Reserve ends quantitative easing, though major rate hikes are not anticipated until mid-2015. Inventory remains low, continuing to push prices up.
- Foreclosure activity decreased from the previous month, with notices of default down 1.6% and notices of sale declining 17.9%. The number of bank-owned properties also fell
Annie Williams Market Trends June/July 2014Jon Weaver
This document summarizes real estate market trends in San Francisco for May 2014. It finds that while home prices were flat, condo prices rose to new highs. Home sales fell 6.1% year-over-year while condo sales dropped 21.7%. The sales to list price ratio remained over 100% for both property types. The document also provides statistics on mortgage rates, foreclosures, and sales momentum to give an overview of the challenging local real estate market for buyers.
Annie Williams Real Estate Report - August 2020Jon Weaver
Home Sales Continue to Surge, Prices Rise
Sales of single-family, re-sale homes jumped in July, rising 28.8% from June. They were down 1.9% year-over-year. There were 210 homes sold in San Francisco last month. The average since 2000 is 214.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Median Home Price Stays Over $1MM - July/August Real Estate ReportAMSI, San Francisco
The San Francisco real estate market remains extremely strong. The median home price has stayed over $1 million for 15 of the past 17 months and homes are selling quickly within 26 days on average. In June, the median home price increased 8.5% year-over-year while home sales were up 11.6% from the previous June. The condo market also saw year-over-year growth, with the median price up 12.8% and sales gaining 1.9% from May. Inventory remains low contributing to high prices and competitive bidding situations.
- The San Francisco housing market remains very competitive, with sale prices continuing to exceed listing prices. The median home price was over $1,000,000 for the second month in a row.
- The real estate market is still in the recovery stage of the cycle, as seen by declining foreclosures, low inventory, and low mortgage rates. The recovery is expected to continue for the next few years.
- Both home and condo sale prices rose year-over-year in March. The median home price was up 5.3% while the median condo price set a new record at $970,000, up 17% from the previous year.
Annie Williams Real Estate Report - March 2020Jon Weaver
The median sales price for single-family, re-sale homes rose 7.3% year-over-year. It was up 1037% from January.
The average sales price gained 1.6% year-over-year. It was down 14.3% compared to January. Sales of single-family, re-sale homes fell 1.8% year-over-year. Sales were up 19.4% from January. There were 111 homes sold
last month.
Annie Williams Real Estate Report Sept-Oct 2016Annie Williams
It looks like the market is moderating after the frenzy of last year. The sales price to list price ratio for homes, which is a good indicator of demand, while still over 100%, has gone from being over 110% for most of last year to under 110% for most of this year.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Annie Williams Real Estate Report - January 2021Jon Weaver
- Home sales in San Francisco rose in December 2020 compared to the previous year, with single-family home sales up 52.6% and condo/loft sales up 59.7%. However, sales declined from November 2020.
- The median sales price of single-family homes rose 9.1% year-over-year to $1,582,000, while the median price of condos/lofts fell 8.2% to $1,100,000.
- Mortgage rates remained historically low throughout 2020, falling below 3% at some points, fueling increased homebuyer demand and refinance activity despite economic uncertainties caused by the COVID-19 pandemic.
Prices Down Again in San Francisco - February/March Real Estate ReportAMSI, San Francisco
Prices for both single-family homes and condos/townhomes were down year-over-year in January across most districts in San Francisco. Median home prices dropped 13.1% compared to last January while condo prices fell 11.8%. However, home and condo sales were up 72.1% and 5.4% respectively due to increased lower-priced property sales. The Federal Reserve held interest rates steady at their most recent meeting in February and mortgage rates have remained stable, around 4%.
Annie Williams Market Report May-June 2016Jon Weaver
The median price for lofts/townhomes surged 15% in April from March. It was up 4.5% year-over-year. The average price just missed tying the all-time high by $500. After an incredible rise in sales of both singlefamily, re-sale homes and lofts/townhomes in March, sales declined in April, which is unusual. But, there's just not a lot of inventory. Combine that
with the incredible demand, and it's no wonder prices are surging.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Obtaining a Mortgage to Get More Difficult - The Real Estate Report November/...AMSI, San Francisco
The Real Estate Report November/December, local market trends San Francisco: "Obtaining a Mortgage to Get More Difficult" by AMSI's Real Estate Broker Robb Fleischer
San Francisco Prices Set Record Highs in 2013 - The Real Estate Report Januar...AMSI, San Francisco
The Real Estate Report January/February, local market trends San Francisco: "San Francisco Prices Set Record Highs in 2013" by AMSI's Real Estate Broker Robb Fleischer
Case-Shiller Report Slowing Price Increases - Real Estate Report October/Nove...AMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes montly updates regarding mortgage rates, market statistics, sales momentum, pricing momentums, trends at a glance, foreclosure statistics and more.
Quantitative Easing and Mortgage Rates - Real Estate Report November/DecemberAMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Annie Williams Market Trends July-Aug 2014Jon Weaver
- Housing prices in San Francisco reached new all-time highs in June, with the median home price rising 25% year-over-year to $1,200,000. Condo prices also rose significantly.
- Despite rising prices, home sales fell 24.7% from the previous June due to low inventory and high prices. Condo sales rose slightly.
- Mortgage rates are expected to remain low in the near future but rise gradually later in the year as the Federal Reserve continues to taper its bond purchasing program. This real estate market remains very challenging for buyers.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Prices Reach All-Time Highs, Again - Real Estate Report July/AugustAMSI, San Francisco
The Real Estate Report July/August, local market trends San Francisco: "Prices Reach All-Time Highs, Again" by AMSI's Real Estate Broker Robb Fleischer
Annie Williams Market Trends Nov-Dec 2014Jon Weaver
- Home sales in San Francisco increased 11.2% year-over-year in October while condo/loft sales decreased 4.3%. The median home price rose 32.5% to $1,208,000 and median condo price increased 10.3% to $955,000.
- Mortgage rates are expected to gradually increase in the coming months as the Federal Reserve ends quantitative easing, though major rate hikes are not anticipated until mid-2015. Inventory remains low, continuing to push prices up.
- Foreclosure activity decreased from the previous month, with notices of default down 1.6% and notices of sale declining 17.9%. The number of bank-owned properties also fell
Annie Williams Market Trends June/July 2014Jon Weaver
This document summarizes real estate market trends in San Francisco for May 2014. It finds that while home prices were flat, condo prices rose to new highs. Home sales fell 6.1% year-over-year while condo sales dropped 21.7%. The sales to list price ratio remained over 100% for both property types. The document also provides statistics on mortgage rates, foreclosures, and sales momentum to give an overview of the challenging local real estate market for buyers.
Annie Williams Real Estate Report - August 2020Jon Weaver
Home Sales Continue to Surge, Prices Rise
Sales of single-family, re-sale homes jumped in July, rising 28.8% from June. They were down 1.9% year-over-year. There were 210 homes sold in San Francisco last month. The average since 2000 is 214.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Median Home Price Stays Over $1MM - July/August Real Estate ReportAMSI, San Francisco
The San Francisco real estate market remains extremely strong. The median home price has stayed over $1 million for 15 of the past 17 months and homes are selling quickly within 26 days on average. In June, the median home price increased 8.5% year-over-year while home sales were up 11.6% from the previous June. The condo market also saw year-over-year growth, with the median price up 12.8% and sales gaining 1.9% from May. Inventory remains low contributing to high prices and competitive bidding situations.
- The San Francisco housing market remains very competitive, with sale prices continuing to exceed listing prices. The median home price was over $1,000,000 for the second month in a row.
- The real estate market is still in the recovery stage of the cycle, as seen by declining foreclosures, low inventory, and low mortgage rates. The recovery is expected to continue for the next few years.
- Both home and condo sale prices rose year-over-year in March. The median home price was up 5.3% while the median condo price set a new record at $970,000, up 17% from the previous year.
Annie Williams Real Estate Report - March 2020Jon Weaver
The median sales price for single-family, re-sale homes rose 7.3% year-over-year. It was up 1037% from January.
The average sales price gained 1.6% year-over-year. It was down 14.3% compared to January. Sales of single-family, re-sale homes fell 1.8% year-over-year. Sales were up 19.4% from January. There were 111 homes sold
last month.
Annie Williams Real Estate Report Sept-Oct 2016Annie Williams
It looks like the market is moderating after the frenzy of last year. The sales price to list price ratio for homes, which is a good indicator of demand, while still over 100%, has gone from being over 110% for most of last year to under 110% for most of this year.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Annie Williams Real Estate Report - January 2021Jon Weaver
- Home sales in San Francisco rose in December 2020 compared to the previous year, with single-family home sales up 52.6% and condo/loft sales up 59.7%. However, sales declined from November 2020.
- The median sales price of single-family homes rose 9.1% year-over-year to $1,582,000, while the median price of condos/lofts fell 8.2% to $1,100,000.
- Mortgage rates remained historically low throughout 2020, falling below 3% at some points, fueling increased homebuyer demand and refinance activity despite economic uncertainties caused by the COVID-19 pandemic.
Prices Down Again in San Francisco - February/March Real Estate ReportAMSI, San Francisco
Prices for both single-family homes and condos/townhomes were down year-over-year in January across most districts in San Francisco. Median home prices dropped 13.1% compared to last January while condo prices fell 11.8%. However, home and condo sales were up 72.1% and 5.4% respectively due to increased lower-priced property sales. The Federal Reserve held interest rates steady at their most recent meeting in February and mortgage rates have remained stable, around 4%.
Annie Williams Market Report May-June 2016Jon Weaver
The median price for lofts/townhomes surged 15% in April from March. It was up 4.5% year-over-year. The average price just missed tying the all-time high by $500. After an incredible rise in sales of both singlefamily, re-sale homes and lofts/townhomes in March, sales declined in April, which is unusual. But, there's just not a lot of inventory. Combine that
with the incredible demand, and it's no wonder prices are surging.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Obtaining a Mortgage to Get More Difficult - The Real Estate Report November/...AMSI, San Francisco
The Real Estate Report November/December, local market trends San Francisco: "Obtaining a Mortgage to Get More Difficult" by AMSI's Real Estate Broker Robb Fleischer
San Francisco Prices Set Record Highs in 2013 - The Real Estate Report Januar...AMSI, San Francisco
The Real Estate Report January/February, local market trends San Francisco: "San Francisco Prices Set Record Highs in 2013" by AMSI's Real Estate Broker Robb Fleischer
Median Price for Homes at Record High - The Real Estate Report March/AprilAMSI, San Francisco
The Real Estate Report March/April, local market trends San Francisco: "Median Price for Homes at Record High" by AMSI's Real Estate Broker Robb Fleischer
C.A.R’s 2014 Housing Forecast - The Real Estate Report December/JanuaryAMSI, San Francisco
The Real Estate Report December/January, local market trends San Francisco: "C.A.R’s 2014 Housing Forecast" by AMSI's Real Estate Broker Robb Fleischer
Jumbo Loans Cheaper Than Conforming Loans - The Real Estate Report September/...AMSI, San Francisco
The Real Estate Report September/October, local market trends San Francisco: "Jumbo Loans Cheaper Than Conforming Loans" by AMSI's Real Estate Broker Robb Fleischer
Mortgage Closing Costs Rising - The Real Estate Report August/SeptemberAMSI, San Francisco
The Real Estate Report August/September, local market trends San Francisco: "Mortgage Closing Costs Rising" by AMSI's Real Estate Broker Robb Fleischer
Government Shutdown to Put Brakes on Market - The Real Estate Report October/...AMSI, San Francisco
The Real Estate Report October/November, local market trends San Francisco: "Government Shutdown to Put Brakes on Market" by AMSI's Real Estate Broker Robb Fleischer
Annie Williams Real Estate Report - June 2020Jon Weaver
Sales of single-family, re-sale homes tanked, again, in May compared to last year. Home sales were down 56.5%. There were 104 homes sold in San Francisco last month. The average since 2000 is 214. We expect home sales to continue dropping for the next two months.
Annie Williams Real Estate Report - November 2020Jon Weaver
Home Sales Continue to Rise
Sales of single-family, re-sale homes rose again in October, gaining 10.5% year-over-year. They were up 22% from September. There were 283 homes sold in San Francisco last month. The average since 2000 is 214. Year-to-date, home sales are down 7.2%. Condo sales are down 14.4%.
Annie Williams Real Estate Report - July 2020Jon Weaver
Sales of single-family, re-sale homes jumped in June, rising 56.7% from May. They were down 14.2% year-over-year. There were 163 homes sold in San Francisco last month. The average since 2000 is 214. Year-to-date, home sales are down 29.8%. Condo sales are down 36.9%.
Annie Williams Market Trends July-Aug 2015Jon Weaver
After reaching new all-time highs in May, the median prices for single-family, re-sale homes backed off a bit in June.
Nevertheless, the median home price has been higher than the year before for the past thirty-eight months straight. The median home price has stayed over $1MM for fifteen of the past seventeen months.
Annie Williams: Real Estate Market Trends Sep/Oct 2013Jon Weaver
The median price for condos in San Francisco increased 12% year-over-year to $815,000 in August. Condo sales were down 11.5% compared to the previous year, with 285 units sold last month. The sale to list price ratio has been over 100% for the past 18 months. Jumbo loans are currently cheaper than conforming loans due to banks keeping jumbo loans on their books rather than selling them. The median price for single-family homes rose 27.5% year-over-year to $977,000 in August, while home sales fell 9.6% compared to the previous year. Market momentum indicators for home sales and pricing have been trending upward for the past 18
Annie Williams Market Trends June-July 2015Jon Weaver
- Home prices in San Francisco reached new all-time highs in April and May, with median single-family home prices up 22.7% year-over-year in April. Condo prices also set new records.
- Home sales were up year-over-year for the second month in a row in April and May, while condo sales were down slightly year-over-year.
- The tight inventory and high demand from tech industry buyers and foreign investors is expected to continue driving up prices in the San Francisco market.
Annie Williams Real Estate Report-July 2023Annie Williams
The median sales price for single-family, re-sale was down 3.3% in June from May. It was down 13.8% year-over-year. The average sales price for single-family, re-sale homes was down 5.4% month-over-month. Year-over-year, it was down 10.9%.
Annie Williams Market Trends Mar & Apr 2014Jon Weaver
Mar 7, 2014 -- Mortgage rates stepped back a little this
week, but all indications are that an uptick is
imminent, as the underlying interest rates which help
to govern fixed-rate mortgages have firmed up
measurably in recent days.
Annie Williams Real Estate Report-June 2023Annie Williams
Prices and Sales Continue to Drop. The median sales price for single-family, re-sale was up 5.1% in May from April. It was down 17.8% year-over-year. The average sales price for single-family, re-sale homes was down 0.5% month-over-month. Year-over-year, it was down 10.7%. Sales of single-family, re-sale homes fell 32.4% year-over-year. There were 184 homes sold in San Francisco last month. The average since 2000 is 214. #sothebys #sanfranciscorealestate #luxuryhomesforsale
Annie Williams Market Trends March-April 2015Jon Weaver
As we’ve mentioned many times, inventory of single-family, re-sale homes, condos and rentals in San Francisco is very low. Fortunately, there are a slew of new buildings in
some stage of planning or construction. At last count, we identified 23 new condo projects around the city. There have been or will shortly be 2,498 new condo/loft units on the market. There are 141 more units in the proposal stage.
This should alleviate some of the pricing pressure in San Francisco.
The San Francisco housing market saw record high median home and condo prices in April. Home sales more than doubled from March, while condo sales rose slightly. The sales to price ratio remained very high, indicating a seller's market with buyers paying well over the asking price. Inventory remained extremely low, at just over three weeks of supply. The report expects prices to continue rising due to high demand and low supply in the area.
Annie Williams Real Estate Report - August 2023Annie Williams
Prices and Sales Continue to Drop - The median sales price for single-family, re-sale was down 8.8% in July from June. It was down 13.2% year-over-year. The average sales price for single-family, re-sale homes was down 8.7% month-over-month. Year-over-year, it was down 12%.
Similar to Lack of Inventory Plagues Market - Real Estate Report August/September (12)
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
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The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
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Lack of Inventory Plagues Market - Real Estate Report August/September
1. Robb Fleischer
The Real Estate Report
local market trends
SAN FRANCISCO
Trends at a Glance
(Single-family Homes)
(Lof ts/Tow nhomes/TIC)
San Francisco Price Differences
from January 2014 & Peak & Trough
Condo/loft sales were down 18.7% compared to
last July.
The sale price to list price ratio stayed over 100%
for the twenty-ninth month in a row: 107.1%.
This is an extraordinarily tough market
for buyers. It's important to be calm
and realistic. If you don't know what to
do or where to begin, give me a call
and let's discuss your situation and
your options.
Lack of Inventory Plagues Market
With the increase in prices over the past two years
pulling most homeowners above water, one would
expect more homes on the market.
In fact, the lack of active listings continues to
hobble the market.
Right now, there are 240 homes on the market.
That’s just a tad over one month of sales.
Pending sales of single-family, re-sale homes, a
harbinger of future closed sales, have also been
anemic. There are only 167 homes pending.
There are three reasons for the lack of active
listings and pending sales.
First, many long-time homeowners have a lot of
equity in their properties, thus, they will be subject
to capital gains.
Second, credit, while becoming easier to obtain, is
still much more difficult to qualify for than in the
past.
Third, retirees are staying put in larger numbers
than before. They want to be near their families.
Plus, they are leaving their homes to their families.
JULY MARKET STATISTICS
The median price for homes was up 20.6% year-over-
year in June to $1,073,500. The average
price was up 8.5% to $1,617,191. Both these
prices are down from June.
Single-family, re-sale home sales was down
18.1% year-over-year.
The sales price to list price ratio for homes has
been over 100% for twenty-eight of the past
twenty-nine months. It was 110.7% last month.
SALES MOMENTUM…
for homes continued to drop, falling 4.2 points to -
18.3. Sales momentum for condos/lofts fell 3.7
points to –3.3.
PRICING MOMENTUM…
for single-family homes was up 0.2 of a points to
+15. Pricing momentum for condos/lofts was up a
full point to +12.8.
CONDO/LOFT STATISTICS
The median price of condos/lofts fell 3.1% from
June. Year-over-year, the median price was up
9.8%.
American Marketing Systems, Inc.
2800 Van Ness Avenue
San Francisco, CA 94109
(415) 447-2009
rfleischer@amsiemail.com
http://www.amsires.com/staff/robb
DRE #01403882
Robb Fleischer | rfleischer@amsiemail.com | (415) 447-2009
AUGUST/SEPTEMBER 2014
Inside This Issue
> LOCAL MARKET TRENDS ..................... 1
> MORTGAGE RATE OUTLOOK ............... 2
> HOME STATISTICS .............................. 2
> FORECLOSURE STATS ........................ 3
> CONDO STATISTICS ............................ 3
> MOMENTUM CHARTS .......................... 4
Jul 14 Jun 14 Jul 13
Home Sales: 212 189 259
Median Price: $1 ,073,500 $1 ,200,000 $ 890,000
Av erage Price: $1 ,415,184 $1 ,617,191 $1 ,304,399
Sale/List Price Ratio: 110.7% 111.0% 107.0%
Day s on Market: 30 27 32
Jul 14 Jun 14 Jul 13
Condo Sales: 266 275 327
Median Price: $ 9 44,500 $ 9 75,000 $ 8 60,000
Av erage Price: $1 ,098,373 $1 ,181,657 $1 ,003,320
Sale/List Price Ratio: 107.1% 107.4% 105.8%
Day s on Market: 33 33 36
Homes: detached
YTD Peak % Trough % Peak Trough
3-month 18% 20% 79% Jun-07 Feb-12
12-month 8% 13% 48% Apr-08 Mar-12
Homes: attached
3-month 14% 22% 59% Jul-08 Jan-12
12-month 8% 19% 43% Aug-08 Jan-12
50.0%
40.0%
30.0%
20.0%
10.0%
0.0%
-10.0%
-20.0%
-30.0%
-40.0%
0
9
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0
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1
FMAM J J A SOND 1
2
FMAM J J A S OND 1
3
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FMAM J J
San Francisco Homes: Year-Over-Year Median Sales Price Change
2. 30-Year Fixed Mortgage Rates
04-14
01-14
10-13
07-13
04-13
01-13
10-12
07-12
04-12
01-12
10-11
07-11
04-11
01-11
10-10
07-10
04-10
01-10
10-09
07-09
04-09
01-09
10-08
07-08
04-08
01-08
10-07
07-07
04-07
01-07
10-06
07-06
04-06
3.0% 4.0% 5.0% 6.0% 7.0% 8.0%
Page 2
The Real Estate Report
The chart above shows the Na-tional
monthly average for 30-
year fixed rate mortgages as
compiled by HSH.com. The av-erage
includes mortgages of all
sizes, including conforming,
expanded conforming, and
jumbo.
MORTGAGE RATE OUTLOOK
Fed Message Bumps Rates, A Little
August 1, 2014 -- One of these days, and probably not
long from now, the Federal Reserve is going to again
surprise the market in a meaningful way, causing all
manner of unintended consequences. This week, the
Fed did present a little different message in regard to
inflation and the economy, and the market jumped,
only to settle back amid an ongoing litany of global
troubles.
It won't be this way forever, where beneficial and
countervailing forces keep rates from starting an
upward march. For the moment, whether by inertia or
other reasons, mortgage and other interest rates
remain grounded.
HSH.com's broad-market mortgage tracker -- our
weekly Fixed-Rate Mortgage Indicator (FRMI) --
found that the overall average rate for 30-year fixed-rate
mortgages increased by four basis points
(0.04%) back to 4.22%, where it stood two weeks
ago. The FRMI's 15-year companion also added four
basis points, rising to an average rate of 3.47%.
Popular FHA-backed 30-year FRMs saw just a two
basis point increase, ticking up to 3.94%, as these
fully-insured offerings continue to beat conforming
30-year FRMs by almost a quarter percentage point.
Finally, the overall 5/1 Hybrid ARM rose by five basis
points, closing HSH's survey week at 3.14%, its high-est
value since early April.
Spending for new construction slumped in June,
pulled down 1.8 percent from May, as outlays for
residential projects eased by 0.3 percent, commercial
building subtracted 1.6 percent and public expendi-tures
slumped by a full 4 percent at the end of the
fiscal (and school) year in many places.
The accumulation of news of an improving economy
is good news, and as the evidence mounts that the
economy no longer needs the Fed, interest rates will
begin to rise at some point. For at least the moment,
we continue to have sufficient global troubles to keep
investors on the defensive, helping to keep the lid on
any increases, but those can only do so much for so
long. Once stock market players come to the realiza-tion
that a growing economy will be better for equity
prices and their holdings in the long haul than is a
loose Fed, they will also begin to shun low-yielding
bonds to some degree, helping yields and interest
rates to rise. While that day is eventually coming, it's
not likely to be tomorrow or even next week at this
point, but it will come.
350
300
250
200
150
100
50
0
$1,700
$1,500
$1,300
$1,100
$900
$700
$500
$300
0
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0
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San Francisco Homes: Sold Prices Unit Sales
(3-month moving average —$000's)
Ave Med Units
3. July Sales Statistics
(Single-family Homes)
Unit
Prices Yearly Change Monthly Change
Median Average Sales DOM SP/LP Median Average Sales Median Average Sales
San Francisco $1 ,073,500 $1 ,415,184 212 30 110.7% 20.6% 8.5% -18.1% -10.5% -12.5% 12.2%
D1: Northwest $ 1,462,000 $1 ,697,690 19 23 112.9% 12.5% 18.0% -17.4% -10.0% 3.4% 11.8%
D2: Central West $1 ,061,000 $1 ,149,093 42 26 115.1% 21.6% 27.0% -30.0% 8.3% 0.1% 35.5%
D3: Southwest $ 705,000 $ 7 67,853 19 39 115.2% -0.7% 1.8% 0.0% -36.4% -25.4% 90.0%
D4: Twin Peaks $1 ,115,000 $1 ,314,310 21 20 117.2% 7.2% 15.0% -32.3% -20.4% -12.4% -27.6%
D5: Central $ 1,890,000 $1 ,863,948 28 31 109.9% 14.3% 3.7% -12.5% -18.7% -18.5% 0.0%
D6: Central North $ 2,452,000 $2 ,426,000 4 15 113.6% 37.6% 54.1% -20.0% -15.8% -6.1% 0.0%
D7: North $ 4,200,000 $5 ,372,778 9 61 98.4% -15.5% -13.8% -30.8% 9.4% 31.1% -35.7%
D8: Northeast $1 ,425,000 $1 ,425,000 1 15 110.0% -32.1% -23.1% -66.7% -48.3% -66.8% -66.7%
D9: Central East $1 ,300,000 $1 ,374,932 25 25 116.9% 40.5% 35.5% 19.0% 17.6% 19.0% 150.0%
D10: Southeast $ 7 09,000 $ 7 10,531 44 38 109.8% 15.1% 18.5% -20.0% -0.1% -5.1% 2.3%
01-06
4. Table Definitions
_______________
Median Price
The price at which 50% of
prices were higher and
50%were lower.
Average Price
Add all prices and divide by the
number of sales.
SP/LP
Sales price to list price ratio or
the price paid for the property
divided by the asking price.
DOI
Days of Inventory, or how many
days it would take to sell all the
property for sale at the current
rate of sales.
Pend
Property under contract to sell
that hasn’t closed escrow.
Inven
Number of properties actively
for sale as of the last day of the
month.
40.0%
30.0%
20.0%
10.0%
0.0%
-10.0%
-20.0%
FORECLOSURE STATISTICS
Notices of default, the first step in the foreclosure proc-ess,
in San Francisco continues to drop. They plum-meted
30% in June from May. Year-over-year, notices
were down 26.3%. There were 28 notices in June.
Notices of sale, which set the date and time of an auc-tion,
and serve as the homeowner's final notice before
sale, 24.3% from May, and they were down 37.8%
year-over-year. There were 28.
After the filing of a Notice of Trustee Sale, there are
only three possible outcomes. First, the sale can be
cancelled for reasons that include a successful loan
modification or short sale, a filing error, or a legal re-quirement
to re-file the notice after extended postpone-ments.
Alternatively, if the property is taken to sale, the bank
will place the opening bid. If a third party, typically an
investor, bids more than the bank's opening bid, the
property will be sold to the third party; if not, it will go
back to the bank.
There were 20 sales cancelled last month.
Seven homes went back to the bank in June.
There are currently 119 properties scheduled for sale.
With the recent surge in prices, many of them will
probably be cancelled.
The total number of properties owned by the banks was
down 19.2% year-over-year. The banks now own ap-proximately
231 properties in the city.
350
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250
200
150
100
50
0
$1,300
$1,100
$900
$700
$500
$300
0
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San Francisco Condos: Sold Prices Unit Sales
(3-month moving average —$000's)
Ave Med Units