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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

Arlington Path Beautification
Saturday, July 19, 10 a.m. to noon
Meet at 300 Mateo (x Arlington) for an exciting day of weeding, watering, seed collecting.
Tools, gloves and good company provided.


2025 Glen Park Night Market poster


 


Monthly cleanup on the Greenway
First Saturday of the Month (usually)
Click here to learn more


Friends of Glen Canyon’s
Glen Canyon Habitat Restoration
Every third Saturday 9:30 a.m to noon
Sign up here

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Glen Park Rec Center

Glen Canyon Park sign
Click the above button or here to see
the latest Glen Park Rec Center schedule.



Saturdays 3-4:45 p.m.
Questions? Call 415-239-4007


 

Renew Your Glen Park Association Membership for 2025

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.

Glen Park Association Advertising Sponsors

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GPA Ad- Perez Construction ad 6.27.22 v Glen Park
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Center for Creative Exploration - adult
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Diamond Heights Digital Ad
GPA Ad- Perez Construction ad 6.27.22 v Glen Park
moroco
Center for Creative Exploration - adult
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Glen Park Association is at Glen Park Greenway.
13 hours ago
Glen Park Association

Saturday’s Glen Park Greenway Work Party is Cancelled.

“I’m very sorry to say that
we have cancelled our Work Party for this Saturday July 12, along with all organized volunteer activity on the Greenway until further notice.
As you may have read in the news, our fiscal sponsor, San Francisco Parks Alliance (SFPA), has shut itself down. Just as SFPA has shut itself down, the Greenway, as an organized part of SFPA, has also been “shut down.” We are busy looking for a suitable alternative fiscal sponsor that is willing to replace SFPA. That search is going well but it is a slow process. We had hoped to find temporary ways to enable the Greenway project to function responsibly as a community activity without a fiscal sponsor. Sadly, despite our best efforts and the help of many others in Glen Park, we have failed. That is why we must cancel our Saturday Work Party and discontinue future work parties and other organized volunteer activity on the Greenway (like weeding and watering) until further notice. We recognize that the Greenway is public open space and that the organizers of the Greenway project have no control over the activities of you or of anyone else on the Greenway. However, if you do venture onto the Greenway to satisfy your urge for outdoor recreation, please be aware that your activity is not in any way organized or sanctioned by the organizers of the Glen Park Greenway project. I’m well aware of the efforts that many of the
Greenway’s supporters are making to get the Greenway organized with a new fiscal sponsor and I’m confident that this will be arranged within weeks or perhaps a few months.
However long it takes, I will contact you with news of our progress.
Many thanks for all that you do for the Greenway.”

Nicholas Dewar, volunteer Project Director

#glenparkgreenway #glenparksf #sanfrancisco @rafaelmandelmand8 @danielluriesf @crosstowntrail
#crosstowntrail #sfparksalliance #publicspace #nature
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Wonder what’s stopping just organizing it separate from that non-profit. It seems like the volunteers largely come from Glen Park.

Glen Park Association is at Laidley Street SFO.
4 days ago
Glen Park Association

It was a beautiful day for the annual #july4th celebration on Laidley street!

📷: Photos courtesy of Michael Waldstein

#glenparksf #sanfrancisco #laidley
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It was a beautiful day for the annual #july4th celebration on Laidley street! 

📷: Photos courtesy of Michael Waldstein 

#glenparksf #sanfrancisco #laidley
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