san francisco luxury sales report 2013-2014
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Presented By John DiDomenicoTRANSCRIPT
One year ago the San Francisco real estate market was on fire, as the region came roaring back from the recession and housing downturn, yielding exceptionally strong sales in virtually every market and neighborhood and at all price points. Fast-forwarding to the second quarter of 2014 we saw largely the same story: Demand for San Francisco single-family homes and condominiums showed little sign of cooling.
The supply of available homes rose modestly during the quarter, but aggressive bidding and multiple offers remained typical for almost all fairly priced properties. Median home prices continued to climb higher, with final prices routinely topping list prices by 10 percent or more – a welcome bonus for sellers. The Mission District remained particularly popular with buyers, thanks in part to its prime location, wealth of transportation options, and abundant supply of vintage housing.
Looking Forward: San Francisco’s strong real estate market does not appear to be weakening. Home prices will likely continue to rise moderately, and we expect to see more properties gradually hit the market. As one of the nation’s most popular relocation destinations due to a booming regional economy, San Francisco will continue to provide plenty of opportunities for both buyers and sellers.
The following three fundamentals are currently driving Bay Area real estate markets:
1. Supply constraints: Our region has limited land available for new housing development.
2. Exceptional job growth: Northern California enjoys the hottest employment market in the U.S., with intellectually challenging, highly sought-after, and lucrative jobs. (See our feature story below for more on our region’s economic outlook.)
3. Population growth: The chart below illustrates that population growth across our nine-county region has exceeded new housing supply by an average of nearly 200 percent in four years.
John DiDomenico Top 1.5% of San Francisco Realtors415.298.3564 | [email protected] | BRE#00994893
San Francisco 2014 Mid Year Luxury Sales Report
Contact me for a current market analysiswhether you’re a first time seller or an investor
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2013 Luxury Sales ReportCole Valley/Ashbury Heights
JohnDiDomenico.com
Averages of all home sales and condo sales for Cole Valley/Ashbury Heights in 2013 (Source: MLS)
Single Family Homes# of Home Sales in 2013: 37
Average Sales Price:$2,339,257
Average # of Days on Market: 40
Average Sq.Ft.: 2,797
Average Price per Sq.Ft:$880.26
Average % of Asking Price:106.12%
Condominiums# of Condo Sales in 2013: 117
Average Sales Price:$1,029,492
Average # of Days on Market: 32
Average Sq.Ft.: 1,424
Average Price per Sq.Ft:$793.55
Average % of Asking Price:108.92%
2013 Summary forCole Valley / Ashbury Heights:
Address Price Bed/Bath Count Sq.Ft. Price Per
Sq. Ft.
715 Buena Vista Ave $6,000,000 4BD/4.5BA 4711 $1273.61
615 Buena Vista Ave $5,500,000 6BD/5BA 6000 $916.67
167 Buena Vista $3,850,000 4BD/3.5BA 5500 $700.00
100 Edgewood Ave $3,450,000 4BD/3BA - -
842 Clayton $3,405,000 5BD/3.5BA - -
1045 Cole St $3,253,000 4BD/3.5BA 3472 $936.92
490 Belvedere St* $3,100,000 3BD/2.5BA - -
1024 Shrader* $2,950,000 4BD/3.5BA 3270 $902.14
49 Divisadero St $2,760,000 4BD/4BA - -
27 Buena Vista Ter $2,750,000 5BD/3.5BA 3318 $828.81
65 Piedmont St $2,580,000 4BD/2.5BA 2461 $1048.35
64 Ashbury Ter $2,425,000 4BD/3.5BA 2695 $899.81
Address Price Bed/Bath Count Sq.Ft. Price Per
Sq. Ft.
147 Buena Vista E $2,406,000 4BD/5BA 3748 $641.94
117 Lyon St $2,180,000 4BD/3BA 2352 $926.87
593 Buena Vista Ave $1,975,000 2BD/2BA 2108 $936.91
1138 Page St $1,875,000 3BD/3BA 1745 $1,074.50
118 Lyon St $1,650,000 3BD/2.5BA 2337 $706.03
764 Clayton St $1,650,000 4BD/3.5BA 2255 $731.71
257 Downey $1,622,000 3BD/2.5BA 1679 $966.05
1357 Masonic Ave $1,600,000 4BD/3BA 2390 $669.46
36 Divisadero St $1,560,000 2BD/2BA 1698 $918.73
136 Belvedere St $1,550,000 4BD/3BA 2535 $611.44
38 Divisadero $1,549,000 3BD/3BA - -
591 Buena Vista Ave $1,500,000 3BD/2BA 1876 $799.57
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*Sale Conducted by John DiDomenico
2014 Mid Year Luxury Sales ReportCole Valley/Ashbury Heights
JohnDiDomenico.com
Address Price Bed/Bath Count Sq.Ft. Price Per
Sq. Ft.
212 Edgewood $3,795,000 5BD/2.5BA 3400 $1,116.18
80 Ashbury Terrace $3,395,000 4BD/3BA 3370 $1,097.92
1543 Cole Street $3,400,000 3BD/3.5BA - -
79 Divisadero $3,360,000 4BD/3.5BA - -
199 Carl St $3,150,000 4BD2./5BA 2866 $1,099.09
1024 Shrader* $2,950,000 4BD/3.5BA 3270 $871.56
710 Cole St $2,699,000 4BD/3.5BA 2854 $945.69
169 Beulah St $2,600,000 5BD/3BA 3340 $778.44
985 Clayton St $2,500,000 4BD/5.5BA - -
833 Shrader $2,370,000 4BD/3BA 2539 $933.44
151 Broderick $2,350,000 3BD/3.5BA 2500 $940.00
361 Upper Terrace $2,300,000 3BD/3.5BA - -
Address Price Bed/Bath Count Sq.Ft. Price Per
Sq. Ft.
1200 Page St $2,137,000 4BD/3BA 3086 $692.48
201 Upper Terrace $1,980`,000 3BD/3BA - -
1497 Masonic Ave $1,800,000 3BD/3BA 1745 $1,031.52
162 Clifford Terrace $1,650,000 3BD/2.5BA 1614 $1,022.30
1121 Masonic Ave #B $1,600,000 2BD/2BA 1523 $1050.56
141 Carmel St $1,505,000 3BD/2BA 1578 $953.74
112 Clifford Terrace $1,400,000 3BD/2BA 1626 $861.01
817 Ashbury St $1,375,000 3BD/2.5BA - -
1416 Shrader St $1,375,000 3BD/1.5BA 1634 $841.49
1332 Waller St $1,351,000 3BD/2BA 1769 $763.71
251 Carl St $1,350,000 3BD/1.5BA - -
792 Ashbury St $1,350,000 3BD/1.5BA 1893 $713.15
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Averages of all home sales and condo sales for Cole Valley/Ashbury Heights in 2014 (Source: MLS)
Single Family Homes# of Home Sales in Mid 2014: 18
Average Sales Price:$2,458,611
Average # of Days on Market: 21
Average Sq.Ft.: 2,568
Average Price per Sq.Ft:$978.74
Average % of Asking Price:105.17%
Condominiums# of Condo Sales in Mid 2014: 42
Average Sales Price:$992,262
Average # of Days on Market: 25
Average Sq.Ft.: 1,363
Average Price per Sq.Ft: 892.97
Average % of Asking Price:113.99%
2014 Mid Year Summary for Noe Valley:
*Sale Conducted by John DiDomenico
JohnDiDomenico.com
Address Price Bed/Bath Count Sq.Ft. Price Per
Sq. Ft.
3816 22nd St $5,550,000 4BD/4BA 5814 $954.59
651 29th St $5,250,000 4BD/3.5BA - -
4179 23rd St $3,625,000 4BD/4.5BA - -
536 Alvarado St $3,575,000 4BD/3.5BA - -
680 Douglass St $3,525,000 5BD/5BA 3600 $979.17
3961 25th St $3,400,000 4BD/3.5BA - -
1148 Dolores St $3,250,000 4BD/4BA 3485 $932.57
1507 Noe St $3,230,000 4BD/3.5BA 3400 $950.00
313 Duncan St $3,200,000 5BD/5.5BA - -
824 Douglass St $3,200,000 4BD/3.5BA 2777 $1152.32
290 Jersey St $3,175,000 4BD/3.5BA 2836 $1119.53
4033 26th St $3,000,000 4BD/3.5BA 3058 $981.03
Address Price Bed/Bath Count Sq.Ft. Price Per
Sq. Ft.
4241 25th St #B $2,030,000 4BD/3.5BA 2870 $707.32
1101 Dolores St $1,710,000 3BD/2BA - -
426 Fair Oaks St $1,525,000 2BD/2BA 1691 $901.83
1211 Dolores St $1,510,000 3BD/2BA - -
525 27th St #3 $1,500,000 3BD/2BA 1848 $811.69
4521 25th St #1 $1,461,548 3BD/2.5BA 1859 $786.20
1100 Church St $1,450,000 3BD/2.5BA 1801 $805.11
576 Diamond St $1,425,000 2BD/2BA 1853 $769.02
3753 Cesar Chavez $1,405,000 3BD/2BA 1636 $858.80
221 29th St #A $1,400,000 4BD/3BA 2020 $693.07
609 Duncan St $1,385,000 2BD/2.5BA 1775 $780.28
607 Duncan St $1,370,000 2BD/2.5BA - -
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Averages of all home sales and condo sales for Noe Valley in 2013 (Source: MLS)
Single Family Homes# of Home Sales in 2013: 129
Average Sales Price:$1,890,925
Average # of Days on Market: 36
Average Sq.Ft.: 2,090
Average Price per Sq.Ft:$904.74
Average % of Asking Price:108.28%
Condominiums# of Condo Sales in 2013: 112
Average Sales Price:$987,869
Average # of Days on Market: 35
Average Sq.Ft.: 1,326
Average Price per Sq.Ft:$795.54
Average % of Asking Price:110.99%
2013 Summary forNoe Valley:
2013 Luxury Sales ReportNoe Valley
JohnDiDomenico.com
Address Price Bed/Bath Count Sq.Ft. Price Per
Sq. Ft.
625 Duncan $7,000,000 4BD/5.5BA 5933 $1,179.84
4318 26th St $5,250,000 4BD/4.5BA - -
465 Hoffman Ave $5,105,000 4BD/4.5BA 4500 $1314.44
4365 26th St $4,000,000 4BD/3.5BA - -
630 27th St $3,775,000 4BD/3BA - -
2220 Castro St $3,550,000 4BD/4.5BA 3972 $893.76
1433 Diamond $3,425,000 4BD/3.5BA - -
530 Day St $3,400,000 4BD/3.5BA - -
836 Alvarado St $3,400,000 4BD/3.5BA 3280 $1,036.56
235 28th St $3,364,000 4BD/3.5BA - -
4020 26th St $3,253,000 3BD/2BA 2443 1,331.56
1612 Church St $3,225,000 3BD/3.5BA - -
Address Price Bed/Bath Count Sq.Ft. Price Per
Sq. Ft.
1318 Church St $2,200,000 3BD/2BA - -
1320 Church St $1,950,000 3BD/3BA - -
1140 Dolores St $1,950,000 2BD/2BA 1855 $1051.21
23 Homestead St $1,775,000 3BD/2.5BA 2073 $856.25
669 Alvarado St $1,700,000 3BD/2BA 1876 $906.18
296 Grand View #2 $1,595,000 3BD/3BA 2439 $653.96
1066 Guerrero $1,575,000 3BD/2BA 1452 $1084.71
1070 Guerrero $1,540,000 3BD/2BA 1288 $1195.65
1026 Church St #2 $1,535,000 3BD/2BA 1463 $1049.21
1029 Dolores St $1,500,000 3BD/1.5BA 1367 $1097.29
1819 Diamond St $1,500,000 2BD/2.5BA 2464 $608.77
568 Elizabeth St $1,475,000 2BD/1BA 1684 $875.89
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Averages of all home sales and condo sales for Noe Valley in 2014 (Source: MLS)
Single Family Homes# of Home Sales in 2013: 59
Average Sales Price:$2,434,881
Average # of Days on Market: 24
Average Sq.Ft.: 2,286
Average Price per Sq.Ft:$1,026.95
Average % of Asking Price:113.84%
Condominiums# of Condo Sales in 2013: 51
Average Sales Price:$1,225,824
Average # of Days on Market: 25
Average Sq.Ft.: 1,375
Average Price per Sq.Ft:$947.01
Average % of Asking Price:115.87%
2013 Summary forNoe Valley:
2014 Mid Year Luxury Sales ReportNoe Valley
Cole Valley Luxury Properties Sold by John DiDomenico
JohnDiDomenico.com
1350 6th AveClassic 4BD/2BA Home
2,040 sq. ft., 4BD, 2BA
Sold $2,120,000
745 ShraderRenovated units w/
3BR/2BA floor plan with natural light
Sold $2,070,000
7 BroderickBuena Vista Residence
4BR, 3.5BA, 2Car7Broderick.comSold $1,795,000
5 Alma4 Large Units,1913
Architectural Detailing.Investment/Development
Sold $2,350,000
1024 ShraderGorgeous
Cole Valley 4-Level Renovation
Sold $2,850,000
828 AshburyGrand 3 Story Home
Original DetailsRepresented Buyer
Sold $2,650,000
848 ClaytonExpansive 5BR/4BA/2CAR
In Contract within 2 weeks!Sold $2,450,000
490 BelvedereCole Valley Private Sale
Grand 3-Story Victorian
Sold $3,100,000
3527 21st St2 Units on Liberty Hill
Stunning Panoramic ViewsSold $1,850,000
Noe Valley Luxury Properties Sold by John DiDomenico
JohnDiDomenico.com
4442 20th St Beautiful View Residence
on Coveted Block. 4BD/3.5BA
Sold $1,700,000
512 HillModernized 3BR, 2.5BA
(Represented Buyer)Sold $1,620,000
637 Noe StThe Lion House
Gorgeous DetachedHome. 2BR, 1.5BASold $1,530,000
70-74 Hartford3 Renovated
Flats3 Car Parking
Sold $2,539,00
731 DouglassSophisticated
4BR, 4BA(Represented Buyer)
Sold $1,944,000
3825 22nd StRemodeled 3BR, 3.5 BA
(Represented Buyer)Sold $1,850,000
228-30 LibertyTwo VacantView Units
3,000 sq. ft., 2 CarSold $2,005,000
JohnDiDomenico.com
Accolades from 2013 Sellers
“John did a fantastic job of representing us in selling our home. We chose him due to his deep local market knowledge, extensive experience, and professional yet friendly demeanor. He expertly helped us through a difficult sale process, and was always available to provide advice and guidance every step of the way. We strongly recommend him to any SF seller or buyer without reservation.” Matt Esslinger, Seller
“John sold my home in spring of 2013 and was the most pleasant and professional realtor I have ever dealt with. His demeanor is professional, knowledgeable and to-the-point. He gave me great market information and was always available to consult on tricky or time sensitive issues that surfaced during the sales period. He got me the absolute best price for my Cole Valley flat and negotiated well for me with multiple offers. I couldn’t reccommend John more highly and will use him again when investing in SF real estate. An A+++++++ realtor who avoids unnecessary hype and gets to the point which is selling or buying you a property at the best possible price.” Dr. Heidi, Seller
“Selling a home after 8 years presents a unique set of challenges, but many of those can be mitigated with the right agent. We wanted an agent with a hands-on approach to selling and to utilize the market to its fullest extent. Furthermore, we wanted to have an agent that was on our side once we were in contract. John DiDomenico is exactly this and more. From our first meeting to the final close, we felt like we had exactly what we wanted: an agent that always had our best interest in mind and one that would tirelessly work toward the most positive outcome.” Seller of 130 Saturn
Restaurant and Dining Suggestions for 2014
Cole ValleyIno Vino 108B Carl St, b/t Cole & Shrader (415) 681-3770Magnolia Gastropub 1398 Haight St, cross Masonic (415) 864-7468Padrecito 901 Cole St, b/t Parnassus & Carl (415) 742-5055Say Cheese 856 Cole St, b/t Carl & Frederick (415) 665-5020
Eureka Valley/Castro/MarketAlta CA 1420 Market St, Civic Center altaca.coEureka Restaurant & Lounge 4063 18th St, b/t Castro & Hartford (415) 431-6000Pesce Seafood Bar 2223 Market Street, Castro (415) 925-8025
Noe ValleyButtons Candy Bar 4027 24th St, b/t Noe & Castro (415) 970-9035Easy Breezy Frozen Yogurt 4028 24th St, b/t Noe & Castro easybreezysf.comFrances 3870 17th St, b/t Pond & Noe (415) 621-3870La Nebbia 1781 Church, b/t 30th & Day (415) 874-9924