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GLEN PARK REAL ESTATE — June Recap

July 13, 2022 by Amanda Martin

With the 4th of July in the rearview mirror, we are now deep into summer and have a better idea of what this summer market is shaping up to look like. You’ll see some large overbids and great sales prices in the June numbers, and as always, there is still limited inventory in San Francisco. However, with our friend Karl rolling into town, so has some tentativeness on the part of buyers. One of the most telling statistics is that we only have two properties currently pending in Glen Park. This is similar to what we saw around May of 2020 which, as we know, was the pretty much the height of pandemic lockdown before everyone readjusted and worked out how to transact in strange new times. This dip is different. It’s about inflation, interest rates, job insecurity, global unrest, and, let’s face it, the inevitable cooling of an unsustainably hot market. If you are thinking of selling your home in Glen Park, don’t fret! This is a special neighborhood that is well connected yet still has the feeling of a small town. That is something that people are looking for these days. And with limited inventory for the buyers that are out there, if you keep your expectations in check and adjust them for the changing market, you’ll still do very well. And if you’re looking to buy now, don’t sit on the sidelines and wait. This is finally a time to get into that home you’ve been dreaming of without dealing with a stressful and often disappointing bidding war. So, I say make hay while the sun shines (never mind about Karl).

So, what can I say about sales in June? These are sales from properties that mostly got into contract in May, before the slowdown. The slowdown really seemed to start right after Memorial Day. Just before that there was basically a frenetic rush to buy that drove prices up even higher just before they started coming down to earth. July numbers will really give a better picture of where things are this summer, so stay tuned for those.

There are all kinds of predictions out there about what will happen with the housing market, and someone will end up having the correct one, but most people will be wrong. Personally, I think we will continue to see this new more balanced market for a while, so we need to settle into this market and appreciate the new give and take between buyers and sellers.

Properties currently PENDING in Glen Park:

Properties currently ACTIVE in Glen Park:

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

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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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Friends of Glen Canyon’s
Glen Canyon Habitat Restoration
Every third Saturday 9:30 a.m to noon
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Join the Glen Park Association and help promote our community’s interests. Together, we can secure improvement funds, publicize neighborhood concerns and strive to speak as one voice on neighborhood and city issues.

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
Friends of Upper Noe Recreation Center
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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