http://activerain.com/blogs/paulsellssf 2008-07-09T15:37:56Z Paul Ybarbo (Sotheby's International Realty) http://activerain.com/blogsview/585329/Current-Snapshot-of-San-Franciscos-Sales 2008-07-09T15:37:56Z Paul Ybarbo (Sotheby's International Realty) <p>At our weekly Wednesday office meeting, there were a total of 19 properties that closed escrow over the last 2 weeks (meeting skipped last week due to the 4th holiday).&nbsp; 13 of these properties ranged from approximately $9.2M (undisclosed sales price&nbsp;for Russian Hill SFR) down to $1M (South Beach condo).&nbsp; The remaining 6 closed under $1M, with the lowest priced property being in the Bayview District.&nbsp; Many of these properties sold at or over the listing price.&nbsp;&nbsp;A smaller percentage sold below the listing price.</p> http://activerain.com/blogsview/575873/An-Ever-Changing-Market 2008-07-02T11:58:36Z Paul Ybarbo (Sotheby's International Realty) <p>The media continues to sensationalize and send "doom and gloom" messages about the market.&nbsp; The fact is, in many areas across the country this is true.&nbsp; However, San Francisco is a micro-climate of markets.&nbsp; Some&nbsp;neighborhoods are still experiencing modest and increasing appreciation, while others are not.&nbsp; The City's "blue chip" neighborhoods are holding values well, especially in the high end arenas.&nbsp; The price point up to $1M seems to have some sensitivity, perhaps due to more stringent lending practices.&nbsp; Location is absolutely key now, and respective neighborhoods are performing differently.</p>