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Film Night in the Park

I think you might find us watching the *old* Beauty and the Beast on Saturday, July 15th at Union Square. This is always great fun!

2017 Film Night in the Park Schedule Presented by Monterey Bay Aquarium with the S.F. Neighborhood Theater Foundation.

All films begin at dusk.

BEAUTY AND THE BEAST (1991), Saturday, Julu 15th, Union Square
FOOTLOOSE (1984), Saturday, August 5th, Dolores Park
LA LA LAND (2016), Saturday, August 26th, Wash. Sq. Park
THE GRADUATE (1967), Saturday, September 9th, Union Square
THE BREAKFAST CLUB (1985), Saturday, Sept. 23rd, Dolores Park

About Film night in the Park:

Film Night in the Park is San Francisco’s premiere outdoor film series. Over 125,000 people have attended Film Night in San Francisco since 2003. Films are presented free of charge on a giant outdoor screen in beautiful park settings. Attendees are encouraged to picnic before screenings and are discouraged from bringing chairs.

Become a Sponsor of Film Night in the Park!

Sponsorships are still available for Film Night in the Park 2017. Join the generous family of corporate and neighborhood sponsors who make Film Night possible. For more information click here or call (415)465-3456.

Getting to Film Night:

Guests are encouraged to walk, bicycle or take public transportation to all Film Night in the Park screenings.

Dolores Park
Dolores Park is bounded by Dolores, Church, 18th and 20th Streets and the film will be screened in the park at Dolores and 19th Streets. Dolores Park is served by the MUNI Metro J-Line and by MUNI’s 33-Ashbury. The 16th Street BART/MUNI station on Mission Street is a 15-minute walk from Dolores Park.

Washington Square Park
Washington Square is located at the intersection of Columbus and Union Streets in San Francisco’s North Beach neighborhood. The Park is served by MUNI bus lines 30, 45 and 39. The Powell/Mason Cable Car line stops one block from the Park (at Union).

Union Square Union Square is bounded by Powell, Post, Stockton and Geary Streets in San Francisco. It is served by all MUNI Metro lines (Powell Street Station), by BART (Powell Street Station), and by multiple MUNI bus and cable car lines. read more →

San Francisco Real Estate Market Update – June 2017

The median sales price hit an all-time high for both single family houses and condo/loft/TIC’s in May. The incredibly tight supply coupled with strong demand pushed the prices up and the overbids as well. Single family homes sold at a median overbid of 114.7%, the highest since October, 2015. Condos sold at a median of 103% of list price, the highest overbid percentage since May 2016.

As we discussed last month, the number of new single family home listings coming on the market was down sharply in April, 25.5%, and we saw that repeated again in May with a 12% year-on-year drop.

Likewise, the precipitous decline, 33.5%, in new condo/loft/TIC listings coming on the market in April, was followed by a 23% drop year-on-year for May. This is the third double-digit monthly year-on-year decline for new condo/loft/TIC listings this year.

The total number of single family homes sold was up 5.5% in May while condo/loft/TIC sales were unchanged.
Inventory stands at 1.8 months for single family homes, down 25% year-on-year, and 2.3 months for condo/loft/TICs, also down 25%.

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San Francisco, Mission, $3,798,000, 4 BR/4 Bath [Upcoming MLS]

Don’t miss our Easter Bunny hosted egg hunt for kids (with mimosas for the adults) at 1:00pm sharp on April 16 at 220 San Jose Avenue!

220 San Jose is an amazing Italianate mansion on the tree-lined, quiet block of San Jose (@ 24th) with an amazing backyard that the EB himself will showcase to perfection.

You are invited to enjoy this celebration of spring whether you are looking for a home or not. I would love to see you.

Prepared to the 9s and ready for 21st Century buyers, 220 San Jose is an elegant home that boasts 4/5 bedrooms and 4 full baths on a oversized lot. The walk out garden is huge and stunningly landscaped.

Photos and 3D tour will be on all channels Friday 4/14. MansionInTheMission.com

Hope to see you there!
 
Best,
 
Jennifer

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San Francisco Real Estate Market Update – April 2017

Looking at San Francisco’s March sales data, we continue to see median sales prices and percent of list price received that are slightly lower than 2016’s. Inventory remains exceptionally low and it continues to be a sellers market.

The San Francisco economy remains very robust, but more mixed, as evidenced by a cooling in the commercial real estate leasing market, where rents dipped in 2016 and the sub-leasing market was very strong with a number of companies reducing their footprint. Also, in the tech sector, industry job reductions increased by 21% in 2016. Tech is driving the real estate market in San Francisco, so that’s the bell-weather industry to watch.

On the following charts we see that the San Francisco single family home market dipped negligibly in median sales price, down 0.2% year-on-year to $1,350,000. The number of sales rose 3.9% but the number of new listings dropped sharply for the second month in a row, 18.7% fewer than last March. This resulted in a 33% drop in inventory compared to last year, just 1.6 months of supply.

As buyers got slightly more conservative, they lowered their bids on single family homes a little compared to last year, coming in at 108.8% versus 2016’s 111.2%. Condo buyers dropped their overbids slightly as well, 102.3% of list price versus 103.3% last March.

Like the single family homes sector, the condo market also was hit with a sharp decline in new listings, down 25.8% compared to last year. Sales were up by 8.2%, so the combination of two low months of new listings combined with more sales left inventory down 18.5% from last March, at only 2.2 months of supply,. Condo median sales prices are up 4.1% year-on-year to $1,140,000.

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San Francisco Luxury Real Estate Market Update March 2017

The San Francisco luxury real estate market (defined as single family homes priced at $2,500,000 and above, and condominiums priced at $2,000,000 and above) remains a sellers market, although the supply of luxury condominiums has increased almost to the point of being considered a balanced market between buyers and sellers.

That said, the real story with condominiums is that there are almost 12 months of inventory in District 9. Of the 79 luxury condominiums currently on the market, 41 of them are in District 9. District 8 has a balanced market, with 19 active listings. The other districts have limited inventory and remain a sellers market.

Not surprisingly, then, sales prices remained strong in the luxury homes market, with the median sold price at 107% of list price. Not so for condominiums, where it fell to 96% of list price.

As in the non-luxury market, new listings were down sharply for both luxury homes and luxury condominiums, with homes down 49% compared to February 2016 and condominiums down 17%. The number of sales were unchanged for homes and down 13% for condominiums.

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Moving To San Francisco

San Francisco, situated in Northern California, is a hub of business, commerce, and culture. While the major metro area sprawls on for miles on end, San Francisco proper is a tiny city by land size – just under 49 square miles. Despite its compactness, there’s a lot of greatness packed into this pint-sized, forward-thinking city. Though it was originally settled around the same time America won its independence, it wasn’t until 1849, at the height of the gold rush, that San Francisco saw its first spurt of rapid growth. The influx of new residents seeking fortune in the California hills catapulted the city of San Francisco forward. These new crowds attracted enterprising businessmen, who started banks (Wells Fargo), dry goods businesses (Levi’s), and even chocolate factories (Ghirardelli). Though the gold rush was eventually abandoned, what it left behind was a burgeoning city full of enterprise, hope, and progressive thinking. Today, San Francisco, the 14th largest city in the country, is a thriving urban area with just over 840,000 residents.

In a report recently released by U.S. New & World Report, San Fran was just ranked as the 16th best place to live in the U.S. in 2017. On Frisco’s official scorecard, it was given high marks in the categories of “desirability” and “job market”, but received a lower score in the categories of “quality of life” and “value”. So, what is it really like to live here? Our friends at Great Guys Moving Company have put together the following infographic with some of the nitty gritty facts about life in the City by the Bay. If you’re considering moving here, these are some of the things you need to know before you pack up that moving truck and head west. For instance, the data jives with the U.S. News report; San Francisco’s high-tech job market is booming. The unemployment rate is nearly 33% lower than it is across the rest of the country (3.5% versus 5.2%), and on average, paychecks are much bigger! On the flip side, San Francisco isn’t much of a “value” city, meaning it costs a lot to live here. Almost everything, except for wine (thanks Napa!), is more expensive here than it is elsewhere. And as the 2nd most population-dense city in the country after NYC, San Francisco has sky high real estate prices. The competitive real estate market is certainly impetus for working with an experienced San Francisco realtor.

As with any city, living in San Francisco does have its downsides, but overall, it’s an energizing city full of interesting people and packed with cultural landmarks. After all, where else can you ride a cable car just for the fun of it, soak up the views of the Golden Gate on a crisp, clear morning, or stroll through the largest Chinatown outside of Asia? Spend one week here, and you’ll see why it’s such a magical place to live. When you’re ready to move here, let the Living 415 team help you find the perfect place to call home! Whether you’re looking for an Italianate mansion in Noe Valley or a chic condo in Union Square, there’s sure to be a great place waiting for you.

Infographic

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