Here's what we've been up to in 2020, January 2021, and a preview of the year ahead!
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Brand New Website
Our website has had a complete makeover for 2021 - updated listings, photos, tools, and more. Take a look and let us know what you think!
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Meet Laura
Our team has grown! We are excited to formally announce the newest agent on our team, Laura Hartman.
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The total number of San Francisco single family home sales for the month of January 2020 was 109. January 2021 was up at 148. That's a 35% increase this year in single family home sales and prices are holding steady. Even more noteworthy, Marin single family home sales are up 65% for the same time period.
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Listings accepting offers is one of the most accurate ways to determine buyer demand. In the above comparison of the months in 2020 vs. 2019, it is clear how 2020's events had an impact on the market. While the market saw significantly less activity March-May with the uncertainty of the virus, a number of factors contributed to a rebound in activity in the following months. Low interest rates was just one of these factors. In an unprecedented year, we also saw an unprecedented surge in activity in December- normally quite unusual in real estate.
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The shelter-in-place order fueled a desire for more space, many buyers leaving their 1-2 bedroom condos seeking larger homes within and outside of the city. A decrease in median prices of 1-2 bedroom condos from 2019 indicates the saturation of the condo market, while the increase in median price of single family homes exemplifies the limited inventory and competitive bidding due to increased buyer demand.
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5 Bed | 4.5 Bath | $7,250,000
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3 Bed | 3.5 Bath | $4,125,000
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Cole Valley-Parnassus Heights
4 Bed | 5.5 Bath | $6,150,000
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3 Bed | 2.5 Bath | $2,375,000
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2 Bed | 2 Bath | $2,250,000
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3 Bed | 3 Bath | $2,900,000
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5 Bed | 4 Bath | $6,750,000
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2 Bed | 1 Bath | $1,149,000
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2 Bed | 1 Bath | $899,000
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Newly Renovated TICs + Condo
1-4 Bedrooms | Coming Soon!
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3 Bed | 2 Bath | Coming Soon!
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SFH with Mt. Tamalpais Views
4 Bed | 2.5 Bath | Coming Soon!
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Follow @spgroupsf on Instagram to stay-in-the-know!
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Social Links are not complete
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