Market Update – and I appear in print!

Since I’ve skipped a few weeks, I wanted to present a contrast in market activity in San Francisco between the two week period ended July 9 and the two week period ended July 23. Closed sales for the two week period ended July 9:

                               Over      Under   At

SFD                        31           36           13

Condo                   37           38           31

2-4 Units              6              7              1

Closed sales for the two week period ended July 23:

Over      Under   At

SFD                        50           26           13

Condo                   30           39           17

2-4 U                     5             7             1

Suffice to say that the news would have us believe that the trend is for things to look like the two week period ended July 9,  but then look at all those homes that sold OVER ask.  It can be a bewildering market for in which to buy and sell.  I wrote an article for this month’s Castro Courier where I discuss the best ways to get what you want in the current market.  You can read the article here.