July 2022 Newsletter
The SF Market Update
“I skate to where the puck is going to be, not where it has been.” – Wayne Gretsky
As we listen to inflation numbers, see the stock market fluctuate, and hear about rising interest rates, it’s time to start thinking about where the market is going. While we cannot control the future, we can plan for it.
For sellers that may mean spending more money on property prep, anticipating a longer marketing period, or utilizing a transparent pricing strategy.
For buyers that may mean seizing an opportunity even if all the news is doom and gloom, getting a shorter term loan product, or planning to hold a property longer.
To conclude: San Francisco real estate remains a market of limited inventory so when you find a house you like, you buy it! And, when life tells you it is time to sell, you prepare it well and it will sell!
The Sky Is Not Falling!
Our market is constantly shifting and right now numbers look very similar to summer 2019.
Fun Local Events!
DATE: July 29, 2022: 6:30 pm to 10:30 pm
FREE
EVENT: SF’s “Sundown Cinema” Film Night in the Park “Harry Potter”
LOCATION: Marina Green
Throughout the season, attendees can expect a diversity of local food and drinks, exciting pre-show programming, and film selections that both film enthusiasts and casual moviegoers are sure to love.
DATE: August 5-7
EVENT: “Outside Lands”
LOCATION: Golden Gate Park
Outside Lands 2022 lineup includes Green Day, Post Malone, SZA with Jack Harlow, Weezer, Lil Uzi Vert, Kali Uchis, Disclosure, Anitta and more
Eye on: Kitchen Design Trends
Are white cabinets finally going out of style? What does a double island look like? Should I use my countertop material as the backsplash? Who will clean all of this? These are the questions every homeowner asks when they are renovating their kitchen. Satisfying your personal taste and needs is most important, but keeping an eye on trends and resale value is worthwhile as well.
My Recently Sold Properties
1300 22nd Street, #116
Potrero Hill – 1 Bed | 1 Bath
Represented Buyer
224 Castenada Avenue
Forest Hill – 4 Bed | 3 Bath
Represented Seller
1 Romain Street
Eureka Valley – 3 Bed | 2 Bath
Represented Seller
1280 Ellis Street, Unit 3
Western Addition – 3 Bed | 2 Bath
Represented Buyer
With over 17 years of real estate experience, I am here to help. Whether that’s here in the Bay Area or leveraging Compass’ national presence clear across the country, I would love to give you a hand.
Let’s talk!
SAN FRANCISCO REALTOR DISTRICTS
San Francisco Realtor 1: Sea Cliff, Lake Street, Richmond (Inner, Central, Outer), Jordan Park/Laurel Heights, Lone Mountain
San Francisco Realtor 2: Sunset & Parkside (Inner, Central, Outer), Golden Gate Heights
San Francisco Realtor 3: Lake Shore, Lakeside, Merced Manor, Merced Heights, Ingleside, Ingleside Heights, Oceanview
San Francisco Realtor 4: St. Francis Wood, Forest Hill, West Portal, Forest Knolls, Diamond Heights, Midtown Terrace, Miraloma Park, Sunnyside, Balboa Terrace, Ingleside Terrace, Mt. Davidson Manor, Sherwood Forest, Monterey Heights, Westwood Highlands
San Francisco Realtor 5: Noe Valley, Eureka Valley (Castro, Liberty Hill), Cole Valley, Glen Park, Corona Heights, Clarendon Heights, Ashbury Heights, Buena Vista Park, Haight Ashbury, Duboce Triangle, Twin Peaks, Mission Dolores, Parnassus Heights, Dolores Heights
San Francisco Realtor 6: Hayes Valley, North of Panhandle (NOPA), Alamo Square, Western Addition, Anza Vista, Lower Pacific Heights
San Francisco Realtor 7: Pacific Heights, Presidio Heights, Cow Hollow, Marina
San Francisco Realtor 8: Russian Hill, Nob Hill, Telegraph Hill, North Beach, Financial San Francisco Realtor, North Waterfront, Downtown, Van Ness/ Civic Center, Tenderloin
San Francisco Realtor 9: South of Market (SoMa), South Beach, Mission Bay, Potrero Hill, Dogpatch, Central Waterfront, Bernal Heights, Inner Mission, Yerba Buena
San Francisco Realtor 10: Bayview, Bayview Heights, Excelsior, Portola, Visitacion Valley, Silver Terrace, Mission Terrace, Crocker Amazon, Outer Mission , Hunters Point, Candlestick Point, Little Hollywood
It is impossible to know how median and average value statistics apply to any particular home without a specific comparative market analysis.
These analyses were made in good faith with data from sources deemed reliable, but may contain errors and are subject to revision. It is not our intent to convince you of a particular position, but to attempt to provide straightforward data and analysis, so you can make your own informed decisions. Median and average statistics are enormous generalities: There are hundreds of different markets in San Francisco and the Bay Area, each with its own unique dynamics. Median prices and average dollar per square foot values can be and often are affected by other factors besides changes in fair market value. Longer term trends are much more meaningful than short-term.
Compass is a real estate broker licensed by the State of California, DRE 01527235. Equal Housing Opportunity. This report has been prepared solely for information purposes. The information herein is based on or derived from information generally available to the public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy or completeness of the information. Compass disclaims any and all liability relating to this report, including without limitation any express or implied representations or warranties for statements contained in, and omissions from, the report. Nothing contained herein is intended to be or should be read as any regulatory, legal, tax, accounting or other advice and Compass does not provide such advice. All opinions are subject to change without notice. Compass makes no representation regarding the accuracy of any statements regarding any references to the laws, statutes or regulations of any state are those of the author(s). Past performance is no guarantee of future results.
