San Francisco June 2020 Report – June 12th

San Francisco June 2020 Report – June 12th

 

San Francisco Real Estate June 2020 Report

Supply & demand statistics, median sales price trends, sales and values by city district, the luxury home market, and the dwindling effects of COVID-19

Generally speaking, market activity – as measured by the number of listings going into contract – continued to pick up rapidly in May, bouncing back from the steep plunge following the first shelter in place orders. However, activity in May, which is typically among the busiest selling months of the year, remained well below May 2019.

With the easing of shelter in place, as well as the market learning to adjust to new circumstances, it is expected the recovery will continue to surge closer to normal.

Median sales prices for both houses and condos dropped significantly in San Francisco in May, but those figures are based on a very low volume of closed sales in the month. An even bigger drop in higher-price home sales also put downward pressure on median prices. May sales and sales prices mostly reflect the huge impact of COVID-19 on the SF market in late March and April. Based on the large jump in accepted-offer activity in May (and especially for more expensive homes), coming months will constitute a better indicator of whether changes in fair market value are occurring.

Mortgage Rates Remain Relatively Flat

It is now cheaper to buy than it is to rent. Feel free to contact me for one of my preferred lenders.

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City and Water Views at Arden
Expansive Corner 3 Bedroom Urban Home

Virtual Open House at Arden 1507

Sunday, June 12th, 11:00am-12:00pm

To join the meeting on a computer or mobile phone, click below:
https://us04web.zoom.us/j/78708292457
Password: 9BN1M4

ADDRESS: 708 Long Bridge #1507 | Mission Bay

3 Bedrooms / 2 Baths / 1 Parking with EV Charger

 

Residence 1507 is a turnkey 3 bedroom, 2 bath corner residence with almost $150,000 in upgrades and improvements. This 1565 square foot corner home has big views of the San Francisco Bay, Mission Creek canal, and the city skyline. The grand scale entertaining space is perfect for family and social gatherings.

Built in 2016, Arden’s amenities are suited for today’s lifestyle and include: an outdoor entertaining area with dual BBQs, an adjoining lounge with kitchen, TV and pool table, a lap pool and spa, a fitness center, dual lobbies with lounges and more.

OFFERED AT $2,598,000

Video Tour

 

 

Floor Plan

 

 

Arden Building Info

 

 

Mission Bay Map

 

 

ARDEN1507.COM

Lowest Priced 2 Bedroom At The Brannan
An Amazing Floor Plan with 2 Master Suites!

Virtual Open House at The Brannan #3H

Sunday, June 12th, 1:00-2:00pm

To join the meeting on a computer or mobile phone, click below:
https://us04web.zoom.us/j/77450838927
Password: 4dfdja

$99,000 PRICE REDUCTION!

ADDRESS: 219 Brannan Street #3H / South Beach

2 Bedrooms / 2 Baths / 1 Parking

Live at The Brannan in South Beach. This thoughtfully designed 2 bedroom urban home has a unique floor plan with dual, separated master bedroom suites. The residence also features a formal foyer and a large living/dining area with sliding doors to a balconette. There’s new wide plank white oak hardwood flooring throughout. Included is one car deeded parking and additional storage.

Enjoy 5 star amenities that include: a full time lobby attendant, concierge services, a 75′ heated lap pool, a whirlpool spa, a 3,000 sq.ft. gym and an outdoor entertainment area.

OFFERED AT $1,299,999

Video Tour

 

 

Floor Plan

 

 

Info About The Brannan

 

 

South Beach Map

 

 

THEBRANNAN3H.COM

Parc Telegraph Stunning Build Out
Totally Re-imagined! Beautiful Water Views!

Virtual Open House at Parc Telegraph #601

Sunday, June 12th, 3:00-4:00pm

To join the meeting on a computer or mobile phone, click below:
https://us04web.zoom.us/j/75796610598
Password: 6hsb3h



Address: 111 Chestnut Street #601
2 Bedrooms / 2 Baths / 1 Parking / North Waterfront

Residence 601 at Parc Telegraph is an almost new, reimagined urban home. The Sellers redesigned the layouts of the kitchen, baths, and laundry, moved interior walls and upgraded the plumbing, electrical, and insulation. They installed custom cabinetry in living room, dining area, kitchen, and laundry
Designed with state of the art finishes, the upgrades, too many to name all, include:

  • Custom kitchen by Bentwood Luxury Kitchens
  • Miele kitchen appliances
  • Subzero Designer Series refrigerator-freezer
  • Fireplace by Avanti with pull-out cabinetry housing
  • In cabinet electrical lift system for flatscreen TV by Autron
  • Built-in sound system
  • Custom lighting and electrical
  • Ash flooring
  • Heated floors in both bathrooms

Offered at $1,990,000

Video Tour

 

 

Floor Plan

 

 

Parc Telegraph Info

 

 

North Waterfront Map

 

 

PARCTELEGRAPH601.COM

ROBYN’S FAST SALES IN MARCH

 

NOW PENDING
THE MET

355 1st #2007
$1,599,000
2BD/2BA

 

SOLD
THE MET

355 1st St #2603
$1,965,000
2BD/2BA

COMING SOON
88 TOWNSEND

88 Townsend #209
$849,000
1BD/1BA

 

SOLD
THE MET

355 1st St #1507
$1,700,000
2BD/2BA

 

SOLD
VIDA

45 Bartlett #704
$1,300,000
2BD/2BA

 

SOLD
BLANC

1080 Sutter #504
$1,199,000
3BD/2BA

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