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GLEN PARK REAL ESTATE–July Recap

August 16, 2022 by Amanda Martin

As we move into the dog days of summer, things are moving at a slower pace in the world of real estate as well. For those of you who are concerned about a huge crash like we had in 2008—look at this pictograph as a helpful reminder that we do not have the same forces at play right now:

 

We are certainly in a slowdown, and there has been a price dip since closings in June, which represented the end of the hot market of May. But let’s put this in perspective: July closings are down in median price by 14% from June closings, BUT median price sales for July 2022 vs July 2021 are up by 23%. My point here is that we are moving into a more balanced market. It has been rising vertically pretty much since 2012, and sellers (and their agents) have enjoyed relatively quick and easy sales with multiple offers and few to no contingencies. There will be a readjustment phase as people are getting their footing and realizing that their property may be on the market a little longer, and that the days of tons of offers pouring in may be in the past. This is San Francisco though, and there is still a dearth of property available in Glen Park—and this is a very special neighborhood indeed, so worry not, sellers! For those buyers sitting on the fence right now waiting to see what happens, my advice is to take advantage of this potentially small window where you may have some say in your transaction, and even if you’re still paying a pretty penny for your home, at least you can do it a little more on your terms. And bonus good news, despite the feds increasing the rates again, the mortgage rates have actually dropped some!

Here are the sales in Glen Park for the month of July:

 

Properties currently PENDING in Glen Park:

Properties currently ACTIVE in Glen Park:

Active as of 8/5/22

As always, please reach out to me with any questions about the market. I’m always happy to talk real estate ☺. Have a great rest of the summer!

For more San Francisco sales data, visit: thegoods-sf.com/AmandaMartin/

Amanda Martin
BarbCo Real Estate Group
415.601.9111 (Text/Call)
Amanda@RealEstateSF.com
License #01386284 AmandaMartinSF.com
My Real Estate Stats Webpage

Filed Under: Real Estate, Uncategorized

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IMPORTANT UPCOMING DATES

Upper Noe Neighbors Community Meeting Wednesday, May 21, 7 p.m.
Upper Noe Recreation Center auditorium
295 Day Street
Agenda


San Francisco Department of Public Works logoDPW Love Our City
District 8 Cleanup Day
Saturday, June 7, 9 a.m. to afternoon
Learn more and sign up here


 

Logo Center for Creative Exploration

The Center for Creative Exploration
Explore all the Colors of the Rainbow
one-day workshop
Saturday, June 7, 10 a.m. to 4 p.m.
300 Chenery Street
Learn more and link to registration here


Weeding Party
June 21, 10 a.m. to noon
100 block of Arlington at Charles
Join neighbors on the North end of the Cut to keep down the weeds and beautify top to bottom. Tools, lunch and good company provided.


Monthly cleanup on the Greenway
First Saturday of the Month (usually)
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Glen Canyon Habitat Restoration
Every third Saturday 9:30 a.m to noon
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Membership in the Glen Park Association is only $10 annually and can be purchased online.

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Glen Park Association is at San Francisco Public Library Glen Park Branch.
2 days ago
Glen Park Association

Photos and Fun courtesy of the Glen Park Library!
It was a great turnout at the Glen Park Library Open House on Saturday May 17th!

Thank you to all who attended and a big thank you to Glen Park Branch Library Manager Darren Heiber and his staff for a fantastic day!! 🙌🏽

San Francisco Public Library Arion Press | Artist Books Museum of Craft and Design Rafael Mandelman 🏳️‍🌈 #glenparklibrary #arionpress #museumofcraftanddesign #glenparksf #sanfrancisco #InCommunity
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Photos and Fun courtesy of the Glen Park Library! 
It was a great turnout at the Glen Park Library Open House on Saturday May 17th!

Thank you to all who attended and a big thank you to Glen Park Branch Library Manager Darren Heiber and his staff for a fantastic day!! 🙌🏽

@sfpubliclibrary @arionpress @museumofcraftanddesign @rafaelmandelmand8 #glenparklibrary #arionpress #museumofcraftanddesign #glenparksf #sanfrancisco #incommunity
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Glen Park Association is at Glen Park Recreation Center.
2 days ago
Glen Park Association

Qi Gong & Tai Chi Thursdays at the Glen Park Rec Center!

Thursdays 2:00PM - 2:45PM
Room #1
Led by led by Ashima Sarin

Beginners and All Levels of Mobility Are Welcome! It’s FREE and drop-in!

(There will be no class the second half of June and July)

📍Glen Park Rec Center, 70 Elk Street

QUESTIONS? CALL 415-239-4007
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Qi Gong & Tai Chi Thursdays at the Glen Park Rec Center!

Thursdays  2:00PM - 2:45PM 
Room #1
Led by led by Ashima Sarin

Beginners and All Levels of Mobility Are Welcome! It’s FREE and drop-in! 

(There will be no class the second half of June and July)

📍Glen Park Rec Center, 70 Elk Street 

QUESTIONS? CALL 415-239-4007
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Coyote Yipps
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Glen Park Neighborhoods History Project
Open SF History
Sunnyside Conservatory
Sunnyside History
Sunnyside Neighborhood Association
Tramps of San Francisco
Upper Noe Neighbors

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