Dear Friends: I trust you all had a wonderful holiday break and hoping the post holiday blues haven't hit too hard. 2018 was a phenomenal year for my real estate business as I continued to help wonderful clients buy and sell fabulous homes all over the city and in Marin County. I was again named in the Top 1% of over 50,000 agents in the NRT Brands which includes Coldwell Banker, Sotheby's, Corcoran Group and Climb Real Estate. My sales history reached over $200,000,000!
A Look Back at 2018: Although we saw a shift in the market in 2018, overall it was a very strong year for San Francisco real estate with Single Family Home prices up 12.9% on average, Condos/Coops/TICs up 4.5%, with seller's receiving on average 110.5% of their original list price! As we look into 2019, most forecasts predict homes values will continue to appreciate, but likely a slower rate. However, if the Bay Area does, in fact, enjoy the benefits of as many as 18 new IPO's (potentially UBER, Lyft, #Slack, Palantir, Pinterest, etc) we could see an enormous increase in wealth enter our economy which would have a very positive impact on home values. We will have to see how things go, but likely the market will, at the very least, be a more balanced market than we have seen in years.
SAN FRANCISCO MARKET SNAPSHOT