It is a Seller's Market
Report Date: September 10, 2019
Property Sales (Sold)
August property sales were 55, down 9.8% from 61 in August of 2018 and 20.3%lower than the 69 sales last month.
Current Inventory (For Sale)
Versus last year, the total number of properties available this month is lower by30 units of 22.2%. This year's smaller inventory means that buyers who waited to buy may have smaller selection to choose from. The number of current inventoryis up 4% compared to the previous month.
Property Under Contract (Pended)
There was an increase of 9.8% in the pended properties in August, with 67properties versus 61 last month. This month's pended property sales were 19.6%higher than at this time last year.
It began in San Francisco; working in my family's real estate office, in the heart of Noe Valley. I spent some time processing and underwriting real estate loans at a mortgage company before getting my real estate license in 1991.
I have helped many people buy and sell homes and obtain financing. Yes, I'm also a portrait photographer!
Making dreams happen & capturing treasured moments.
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