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Homes for sale in
Nob Hill, Noe Valley
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$595,000
1205 Guerrero St San Francisco
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$2,575,000
946 Elizabeth St San Francisco 3120
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$1,550,000
1388-1390 Guerrero Street San Francisco 94110
On The Upswing?
Blogged on 8/3/2010 by Andrew Paolucci
I recently had the opportunity to hear the thoughts from a leading real estate economist, Carole Rodoni, regarding the current state of the San Francisco market. There were several take-away that might be of interest:
- For single family homes, the average price was up 13% from one year ago while the average days on market for a listing dropped 13%.
- Inventory in the market has been reduced by 44% and is now down to 2.7 months on average.
- In the affluent communities of Pacific Heights, Sea Cliff, Nob Hill and Noe Valley, months of inventory is less than 60 days.
As the field is trending toward a balanced buyer/seller equation, there are strong opportunities on both sides. Are we on the upswing? You be the judge, but the numbers are pointing in the right direction.
For additional market statistics for free to reach me at apaolucci@mcguire.com.
Contact the author
Andrew Paolucci
415-351-4614
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