As much as I HATE short sales (I'll rant another time about my "run-in" with Chase yesterday), they are here to stay in many neighborhoods in San Francisco.

 

These are statistics from March of this year. The first two columns are single-family homes and the last one is condos. What is interesting is that whereas the percentage is about the same from early- to late-March, the total number is increasing. In fact, the number of SFR short sales has increased 14% in the past 3-4 months (since early December) and has been as high as 18% of total inventory recently.

 

Let me know if you have any comments or questions.

 

~Rebecca White

      MAR. 7           MAR. 24      
      2009           2009      
      SFR'S       SFR'S       CONDOS  
    SHORT TOTAL # PER CENT   SHORT TOTAL # PER CENT   SHORT TOTAL # PER CENT
DISTRICT/                        
 SUB-                        
DISTRICT                        
                         
ONE   1       3       0    
                         
TWO   2       4       1    
                         
THREE   13 50 26%   11 51 22%   6 10 60%
3G Ingleside Hts 4 11 36%   3 12 25%   6 10 60%
3H Ingleside 2 7 29%   2 6 33%        
3J Oceanview 5 16 31%   5 15 33%        
                         
FOUR   5 65 8%   7 75 9%   4    
4H Miraloma Pk 1                    
4S Sunnyside 2 4 50%   3 7 43%        
                         
                         
FIVE   3       3       1    
                         
SIX   0       0       1    
                         
SEVEN   2       2       2    
                         
EIGHT   0       0       5    
8F VN/Civic Ctr                 1    
                         
NINE   3       4       27 388 7%
9D Mis Bay                 6 41 15%
9E Potrero                 2 29 7%
9F SOMA                 9 123 7%
9H South Beach               4 103  
                         
TEN   57 145 39%   56 141 40%   7 39 18%
10A Bayview 11 32 34%   12 31 39%   2 4 50%
10B CrockerAm 6 15 40%   4 11 37%        
10C Excelsior 13 21 62%   14 24 58%        
10D Out Mission 4 10 40%   3 11 28%        
10E Vis Valley 8 10 53%   6 15 40%        
10F Portola 3 10     4 15 27%        
10G Silver Ter 4 10     5 16 31%        
10H Mission Ter 2 10     3 9 33%        
10J Hunter's Pt 0       0            
10K Bayvw Hts 6 11 55%   5 9 56%   2 21 9.50%
                         
TOTALS 87 570 15.30%   90 616 15%   52 1055 5%
 

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Rebecca White

San Francisco, CA

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Keller Williams San Francisco Properties

Address: 1500 Franklin Street, San Francisco, CA, 94109

Office Phone: (415) 202-9900

Cell Phone: (415) 412-1977

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