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