San Francisco Real Estate Update

Amanda Sharp (Paragon Real Estate Group) — Wed, 19 Nov 2008 14:38:15 -0600

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October / November 2008

Median Sales Prices

For 3 Bedroom, 2 Bath Homes*

Sacramento	$172,000
Antioch	$225,000
Vallejo	$240,000
Santa Rosa	$350,000
Hayward	$350,000
Napa (city)	$442,000
Sonoma (city)	$518,000
Novato	$540,000
Bayview/Excelsior	$619,000
Walnut Creek	$700,000
San Rafael	$730,000
Oceanview/Ingleside	$732,000
Danville	$786,000
Berkeley	$823,000
Sunset/Parkside	$824,500
SF Richmond District	$966,750
Lamorinda	$975,000
Potrero/Bernal Hghts	$1,000,000
St Francis Wd Area	$1,125,000
Mill Valley	$1,150,000
Noe/Castro/Haight	$1,300,000
Burlingame	$1,300,000
Palo Alto	$1,350,000
Ross/Tiburon	$1,630,000
Pacific/Presidio Hghts Russian/Nob Hill	$2,625,000

* For sales occurring 4/1/08 - 8/31/08.
All median prices should be considered approximate.

Foreclosure Sales
as % of Sold Homes

August 2008 by County*

Solano	61.3%
Contra Costa	54.4%
Sonoma	41.6%
Napa	39.0%
Alameda	32.5%
Santa Clara	24.7%
San Mateo	16.6%
Marin	13.5%
San Francisco	8.6%

* Per MDA DataQuick

What You Get for How Much Where

Recent San Francisco Sales at Selected Price Points

For about $18,000,000

8 BR, 11 BA, 8940 sq.ft., 1899 Pacific Hghts mansion; 2 lots, panoramic views, 6 car pkg, 11 fireplaces, south garden, elevator. $2013/sq.ft.

For about $6,500,000

3 BR, 3 BA, 4600 sq.ft., 1915 Nob Hill Beaux-Arts SFD; pkg, 3 fireplaces, deck, den, wine cellar. $1391/sq.ft.

For about $5,500,000

4 BR, 4.5 BA, 4813 sq.ft., 1952 Clarendon Hts SFD on cul de sac; 5-county view, huge deck, 3-car pkg, den, gym, sauna. $1169/sq.ft.

For about $4,500,000

3 BR, 3.5 BA, 2300 sq.ft., 1960 Nob Hill co-op on Jones; 300° views, 2 car pkg. $2011/sq.ft.
3 BR, 3.5 BA, 4500 sq.ft., pre-1900 Russian Hill Victorian; bay view, home theatre, Zen garden, roof deck, 2-car pkg. $1022/sq.ft.

For about $3,000,000

5 BR, 3.5 BA, 3843 sq.ft., 1923 St Francis Wd Dutch Colonial; ocean vw, 7-car pkg. $857/sq.ft.
4 BR, 3.5 BA, 3260 sq.ft., Glen Park SFD; downtown/bay views, deck, garden. $859/sq.ft.
3 BR, 3 BA, 2420 sq.ft., 2001 Liberty Hill SFD; dwtwn & bridge views, 2-car pkg. $1281/sq.ft.
3 BR, 2.5 BA, 2474 sq.ft., 1925 Marina SFD; terrace, garden, den, 2-car pkg. $1203/sq.ft.
2 BR, 2 BA, 2090 sq.ft., new Ritz Carlton condo; valet pkg, downtown views. $1446/sq.ft.

For about $2,000,000 to $2,300,000

5 BR, 3.5 BA, 2857 sq.ft., Ashbury Hghts Vict; garden, 2-car pkg, 3 fireplaces. $800/sq.ft.
4 BR, 4 BA, 2933 sq.ft., 1925 St Francis Wood SFD; ocean view, 1-car pkg. $716/sq.ft.
4 BR, 3.5 BA, 2755 sq.ft., 1954 Noe Vly SFD; dwtwn, city/bay views; 1-car pkg. $797/sq.ft.
4 BR, 3 BA, 2388 sq.ft., 1931 Marina condo; GG bridge views, 1-car pkg. $835/sq.ft.
4 BR, 3 BA, 2801 sq.ft., 1991 Castro Contemp. SFD; pano views, 2-car pkg. $748/sq.ft.
2 BR, 2 BA, 1697 sq.ft., 2008 Mission Bay condo; pano views, 1-car pkg. $1271/sq.ft.
2 unit, 3175 sq.ft., Noe Vly Edwardian; vacant 3 BR & 2 BR units, 2-car pkg. $661/sq.ft.

For $1,500,000 to $1,750,000

4 BR, 2.5 BA, 3040 sq.ft., 1936 Monterey Hts SFD; ocean vw, 2-car pkg, deck. $493/sq.ft.
3 BR, 2.5 BA, 3008 sq.ft., 1910 N. Panhandle Victorian; 2-car pkg, south grdn. $578/sq.ft.
3 BR, 2 BA, 2321 sq.ft., 1880 Duboce Triangle Vict; 2-car pkg, office, bonus rm. $722/sq.ft.
3 BR, 2 BA, 1847 sq.ft., Glen Pk Contemp. SFD; Bay Bridge view, 1-car pkg. $869/sq.ft.
3 BR, 1 BA, 1980 sq.ft., 1918 Noe Vly Edwardian; 2-car pkg, south views. $833/sq.ft.
2 BR, 2 BA, 1939 sq.ft., 2004 South Beach 2-story condo; water views, pkg. $835/sq.ft.
2 unit, 6000 sq.ft., Alamo Sq. Edwardian; vacant 4 BR & 3 BR units, no pkg. $250/sq.ft.

For about $1,250,000

4 BR, 1.5 BA, 2036 sq.ft., 1923 Inner Sunset Edwardian; 2-car pkg, yard. $619/sq.ft.
3 BR, 3.5 BA, 2600 sq.ft., new Mission condo; 2-level, 1-car pkg, roof deck. $480/sq.ft.
3 BR, 3 BA, 2247 sq.ft., 1908 Inner Richmond condo; 2-level, 1-car pkg. $547/sq.ft.
3 BR, 2 BA, 1300 sq.ft., 1988 Corona Hts Contemp. SFD; 2-car pkg, pano views. $945/sq.ft.
3 BR, 2 BA, 1700 sq.ft., 1923 Bernal Hts SFD; East Bay views, deck, 1-car pkg. $750/sq.ft.
3 BR, 2 BA, 2126 sq.ft., 2002 Potrero Hill condo; 3-level townhouse, 1-car pkg. $583/sq.ft.
3 BR, 2 BA, 2075 sq.ft., Hayes Valley Vict condo; 2-level, family rm, 2-car pkg. $605/sq.ft.
3 BR, 1 BA, 2650 sq.ft., 1912 Ingleside Terrace SFD; 3-car pkg, large lot. $463/sq.ft.

For about $1,000,000

6 BR, 4 BA, new Excelsior SFD; 3-car pkg, deck with dwntwn views, family rm.
3 BR, 2 BA, 1785 sq.ft., 1936 Parkside SFD; bonus rms, 2-car pkg, Trust sale. $566/sq.ft.
2 BR, 2 BA, 1250 sq.ft., 1848 Noe Vly condo; deck, sunroom, yard, 1-car pkg. $793/sq.ft.
2 BR, 2 BA, 1223 sq.ft., 2002 South Beach condo; 180° views, 1-car pkg. $830/sq.ft.
2 BR, 2 BA, 1300 sq.ft., 1909 Russian Hill Edward. TIC; top unit, 2-car pkg. $769/sq.ft.
2 BR, 1.5 BA, 1356 sq.ft., 1923 Castro Marina-style condo; 2-car pkg, yard. $749/sq.ft.
2 BR, 1 BA, 1288 sq.ft., 1931 Miraloma Park Spanish Med.; den, 1-car pkg. $766/sq.ft.
1 BR, 1 BA, 1243 sq.ft., 1983 N. Waterfront penthouse; bay vw, 1-car pkg. $805/sq.ft.

For about $750,000

3 BR, 2 BA, 1100 sq.ft., 1950's Midtown Terrace SFD; 1-car pkg, in-law. $682/sq.ft.
2 BR, 2.5 BA, 1881 sq.ft., Bank-owned Dogpatch 3-level condo; 1-car pkg. $398/sq.ft.
2 BR, 2 BA, 922 sq.ft., new South Beach condo; 1-car pkg, views. $813/sq.ft.
2 BR, 2 BA, 1080 sq.ft., new SOMA condo on Rincon Hill; 1-car pkg, patio. $712/sq.ft.
2 BR, 1 BA, 1425 sq.ft., 1900 Cole Vly Edwardian condo; 1-car leased pkg. $537/sq.ft.
2 BR, 1 BA, 1300 sq.ft., 1939 Central Sunset center patio SFD; 2-car pkg, yd. $584/sq.ft.
1 BR, 1 BA, 732 sq.ft., Liberty Hill condo; dwntwn views, 1-car pkg, garden. $997/sq.ft.
1 BR, 1 BA, 752 sq.ft., 1924 Marina 3-room garden condo; patio, 1-car pkg. $983/sq.ft.

For about $500,000

2 BR, 1 BA, 1916 Bank-owned Excelsior SFD; in-law studio, 2-car pkg, needs TLC
2 BR, 1 BA, 1075 sq.ft., 1941 Silver Ter. SFD; bay vw, bonus rm, 1-car pkg. $465/sq.ft.
2 BR, 1 BA, 1243 sq.ft., 1946 Visitacion Vly SFD; in-law apt, yd, 1-car pkg. $406/sq.ft.
1 BR, 1 BA, 900 sq.ft., 1924 Inner Mission condo; 1-car pkg. $567/sq.ft.
1 BR, 1 BA, 637 sq.ft., 1900 Pacific Hghts top-floor TIC; no pkg. $777/sq.ft.
1 BR, 1 BA, 525 sq.ft., 1965 Corona Hghts condo; 1-car pkg. $952/sq.ft.

Sales occurring 4/1/08 - 9/5/08: exact location, condition, construction, renovations, curb appeal, views, lot size and many other factors all impact property values. SFD = single family dwelling (house). All data from sources deemed reliable, but subject to errors, omissions or revisions and not warranted.

Amanda Sharp
Amanda's BIO

1160 Battery Street
San Francisco, CA 94111
Direct 415.738.7039
Fax 415.738.7139
Mobile 415.307.8975
asharp@paragon-re.com

If you'd like more information regarding
these or other sales, please contact me.

For market stats specific to your neighborhood, visit:
www.paragon-re.com/UpdateReport.htm

Multi-Family Apartment Investment Meetup

Amanda Sharp (Paragon Real Estate Group) — Mon, 17 Nov 2008 17:23:38 -0600

This is a post to inform you of a meeting at my office tonight. I hold monthly meetings that are for owners, operators and people interested in learning about multi-family investing.

A few quick important updates for you.

First, a friendly reminder our meetup is this evening at 7pm. Feel free to come @ 6:45 to network more and meet other "go-getters"! ;-)

Second, there's another space we can use at the Paragon Office, same location, (thanks Amanda!) so we can now accept a few more folks this evening. There were a good number of folks whom e-mailed me to be put on a waitlist, so here you go. Please update your RSVP.

Third, the topic this evening will be How to Find, Interview and Manager your Property Manager. Knowing how to do this well is *vital* to your multifamily investing success.

Last but not least, we will have a special guest this evening: Carlos Vaz. Carlos has had an unbelievable year in multi-family real estate, and it's not over yet. He has closed on 1200+ units, in 7 months this year, with a cumulative gain of $7M+. It's also his first year buying multifamily. No joke. Come meet Carlos.

Please let me know if you would like to attend and I will send you a link to details.

Amanda

Amanda 's Blog

San Francisco Real Estate Update

Multi-Family Apartment Investment Meetup