August 2022 Newsletter
The SF Market Update
Dog Days of Summer
You wouldn’t know it from the rising mercury, but today is officially the end of this summer’s so-called “dog days,” so named for the rising of the Dog Star, or Alpha Canis Majoris, which ancient Egyptians believed watched over them each season just before the flooding of the Nile. What this has to do with real estate is anybody’s guess, but it just so happens that the end of the Dog Days this year also coincides with a slowdown to inflation, an emergent view that the housing market may be in for a softer landing than expected, and a (hopeful) end to rising rates. It’s too soon to tell if we’re barking up the wrong tree, but the economy — and housing in particular — may be in far better shape than predicted at the start of 2022.
The Sky Is Not Falling!
Click one of these charts for more granular real estate info.
Fun Local Events!
DATES: 8/19, 9/9, 9/30, at Sundown
FREE EVENT: Sundown Cinema- Film night in the Park
SCHEDULE:
8/19 – Encanto at India Basin Shoreline Park
9/9 – Indiana Jones and the Raiders of the Lost Ark at Alamo Square
9/30 – Shang Chi & the Legend of the 10 Rings at Crane Cove Park
DATE: September 16-20
FREE EVENT: “Flower Piano”
LOCATION: SF Botanical Garden in GG Park
San Francisco Botanical Garden and Sunset Piano present one of the most unique, creative, and innovative events in the Bay Area. Flower Piano is back and will transform San Francisco Botanical Garden once again into the city’s own alfresco concert hall where everyone is invited to play and listen.
Eye on: Fire Hardening Your Home
Hardening your home to prevent the spread of a fire is important no matter where you live- even in SF! Simple things like having a fire extinguisher on hand, keeping rain gutters clear, and maintaining trees close to your house all help prevent the spread of fire. Click on the photo for a link that will give you more useful info.
My Recently Sold Properties
81 Glover Street
Russian Hill – 3 Bed | 2 Bath
Represented Sellers
254 Valley Street
Noe Valley – 4 Bed | 2.5 Bath
Represented Buyers
1300 22nd Street, #116
Potrero Hill – 1 Bed | 1 Bath
Represented Buyer
224 Castenada Avenue
Forest Hill – 4 Bed | 3 Bath
Represented Seller
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.
