M A Y U P D A T E
inventory in San Francisco remains tight. The median sales price climbed 6.2 percent to $1,115,000 for single family homes, while Condo/TIC/Coop saw an increase of 17.4 percent to $1,100,000. Months Supply of Inventory, which looks at how long it would take to sell all of the active inventory given the current pace of sales, decreased 13.3 percent for single family units and 23.5 percent for Condo/TIC/Coop units.The City is capitalizing on multiple industries: tourism, biotech, tech, and social media, among others, companies that are generating significant and real cash flow, which was not the case in the past. Mid-Market Street revitalization is in full swing, while 30+ construction projects can be seen all over the City. San Francisco is a "Power Center," a city where we enjoy an influx of well funded buyers who are confident in real estate. Four powerful streams fuel the continued surge: international buyers seeking "safe-haven" investments, empty nesters downsizing from the suburbs, aggressive hiring from Silicon Valley and City companies, and newly-minted executives.
Are you considering a move or a vacation home? I can introduce you to prequalified agents in just about any area: from
Whether augmenting your portfolio with a new primary residence, a vacation property, or investment property, let's discuss your situation and help you reach your goals. The real estate business is about building relationships with partners you can trust. Real estate is not a job but a lifestyle; it's what I do and love to do each and every day.
This Web site is not the official Web site of Sotheby's International Realty, Inc. Sotheby's International Realty, Inc. does not make any representation or warranty regarding any information, including without limitation its accuracy or completeness, contained on this Web site.