As you may have heard, the company that supports the Multiple Listing Service in 23 regions throughout the U.S. was HACKED for ransom – and you guessed it, San Francisco was one of them. The MLS – the lifeblood of Realtors – was down for almost 2 weeks, but we naturally still had to service our clients. Using makeshift tools, leveraging our agent network and syndicating through unaffected regions, our team was able to shift and react quickly, seamlessly continuing to serve our buyers and sellers. Challenge accepted and conquered!!! Now with the MLS back online just in time for the Fall selling season, we are seeing the usual uptick of new inventory after Labor Day weekend. While new listings are plentiful compared to the summer months, inventory is still historically low making buyer demand outpace the supply. In fact, it is not uncommon to see significant overbidding, particularly for well-positioned and priced single family homes. In addition to staying on top of the rapid twists and turns of market conditions, we are really proud to stay operationally nimble and continue to service our clients no matter the challenge.

Guess what!?! We are starting something NEW! We are beginning to roll out neighborhood spotlights: our personal insights and experiences in neighborhoods throughout the City. Check out our 1st spotlight featuring Cole Valley below! Also, check out some of our recent sales & some of our available homes. And, of course, don’t miss fun things to do in SF and our team’s pick of the month!

As always, don’t hesitate to reach out to us with any local real estate-related questions. If you need help outside San Francisco, we also have an amazing network of great agents who can help you, your friends, and your family with real estate needs nationwide. We look forward to connecting. Dale can be reached at 415.748.1519 and Alla at 415.748.2550.

Be The Match!

A very dear family friend of ours, a 23 year-old young woman, has an aggressive form of leukemia and needs a blood stem cell transplant. If you, or someone you know is between 18-35 and shares a similar ethnic background to her (Jewish/Ashkenazi), please consider registering at my.bethematch.org/teamnat. Joining the registry is quick, easy and you can help save someone’s life! Please also share this widely! Thank you so much. ❤️

NEIGHBORHOOD FEATURE ON OUR NEW ENHANCED WEBSITE

We are starting something NEW! Neighborhood spotlights that are a lot of fun to make with our personal insights and experiences in neighborhoods throughout the City. Check out our 1st spotlight feature on Cole Valley!

San Francisco Market Trends

San Francisco Neighborhood Price Map

Average Sales Price to Original List Price

Percentage Over/Under Bidding Seasonality

On average, SF houses (yellow columns) are selling about 7% above asking price, and condos (orange line) about 2.5% below. This statistic fluctuates by season, and is a lagging indicator of market activity 3-6 weeks earlier.

Average Days on Market – Speed of Sale

Houses are selling faster than condos, but both are showing slower than in previous years.

Lukes Local

A big part of the creative process of cooking starts at the market – talking to the butcher, finding the perfect avocado, smelling the fresh cut flowers.  At Lukes Local they believe the future of urban grocery shopping is a combination of both the in-person sensorial experience combined with the flexibility of delivery within a few hours. You can enjoy perusing the butcher counter, the specialty cheese sections, fresh flowers, and the assortment of local beer and wine.

DA TEAM TIP:
Stop by the outdoor window to order coffee, breakfast and yummy sandwiches for a quick pick-me-up or lunch.

“Had a friend reach out to me since their agent wasn’t performing and needed to get their place sold. Had the pleasure of connecting them with one of San Francisco’s best agents, Dale & Alla of the DA Team. They got the property properly marketed and sold quickly in a tough market.”

– ANDREW GOLDBERG, DENVER REALTOR