Is the SF Real Estate Market Shifting?

Price reductions Fewer offers on the offer date Offer dates with no offers Properties staying on the market longer All of these are signs of a changing market! Last week, I helped two buyers purchase homes in Eureka Valley in San Francisco – one listed for $1.6M and one listed for $4.2M. In each of these situations the seller only received two offers, including my client’s. The listing agent for each home expected to receive more offers based on the

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“Offer Dates” Decline and “Offers As They Come” Return to SF

san francisco painted ladies

It feels like a cooler wind is hitting our market. I saw twelve properties of varying price points between $699,000 and $4,700,000 on Broker’s Tour today. They were in the north and south ends of the city, including Presidio Heights, Pacific Heights, Nob Hill, Russian Hill, Noe Valley, the Inner Mission and Glen Park. In a hot market, some agents list properties with an “offer date,” a date when offers will be reviewed, to create a sense of urgency and

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Is the SF Market Cooling?

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In the last two weeks, a substantial number of properties have come on the market. The Broker’s Tour outlines the properties agents can view on a given Tuesday in San Francisco. It literally doubled in its number of pages from about 14, which it has hovered around this past year, to 28 pages the second week of September! My buyers who were frustrated by not finding any properties they liked suddenly jumped off the sidelines and started writing offers. One

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