san francisco luxury sales report 2013-2014

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Presented By John DiDomenico

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Page 1: San Francisco Luxury Sales Report 2013-2014
Page 2: San Francisco Luxury Sales Report 2013-2014

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

looking for an insightful approach.

Page 3: San Francisco Luxury Sales Report 2013-2014

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

Page 4: San Francisco Luxury Sales Report 2013-2014

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

Page 5: San Francisco Luxury Sales Report 2013-2014

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

Page 6: San Francisco Luxury Sales Report 2013-2014

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

Page 7: San Francisco Luxury Sales Report 2013-2014

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

Page 8: San Francisco Luxury Sales Report 2013-2014

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

Page 9: San Francisco Luxury Sales Report 2013-2014

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

Page 10: San Francisco Luxury Sales Report 2013-2014