Archive for March, 2009
For any realtors and real estate agents reading this, or even homeowners looking to sell on their own, I also have a blog about real estate marketing and strategy, www.resonantblog.com. I’ve posted a few examples of work I’ve done marketing my past listings, a tutorial on using google maps, and more.
San Francisco Real Estate for the week of 2-27-2009:
The median condominium price in SAN FRANCISCO this week is $657,634. The 1044 condos have been on the market for an average of 95 days. The 1044 condos have been on the market for an average of 95 days.
Median List Price $ 657,634
Average List Price: $ 810,420
Least Expensive Listing: $150,000
Most Expensive Listing: $15,000,000
Asking Price per Square Foot: $634
Average Days on Market: 95
Total Inventory: 1044
Absorbed This Week: 66
Percent of Properties with Price Reductions: 42%
Percent Relisted (reset DOM): 15%
Percent Flip (price increased): 2%
Median Size (sq ft): 1,107
Median Number of Bedrooms: 2
Median Number of Bathrooms: 1.5
Median Age: 52
Note: Data is deemed reliable but not guaranteed. I suggest reviewing multiple sources of data and discussing with a local, licensed professional. If you are looking for professional representation, I would be happy to provide a complimentary phone consultation so you can learn more about the services I offer.
News about the Stimulus plan From Realtor.com:
- To promote green jobs and energy independence, ARRA invests significantly in efforts to make homes and buildings more energy efficient. The bill provides state and local governments with $6 billion in energy efficiency and conservation grants for energy audits, retrofits and financial incentives. Through 2010, homeowners will be able to claim a 30% tax credit (up from 10%) for purchases of new furnaces, windows and insulation. Another $5 billion will be available to modernize the nation’s electricity grid and install smart meters on homes that help to save consumers money. There is also $5 billion for weatherization assistance for low income households and $2 billion for federally assisted housing ( section 8 ) efficiency efforts.