Happy June! Now that we are moving into the typically slow summer months, I have a feeling that more people are sticking around and putting their properties on the market. From talking to stagers, they are saying they are busier than usual for the upcoming summer months. Why? I don’t know…maybe the uncertainty that’s going around in the air is making more people feel like now is the time to sell because the future is so uncertain? Make hay while the sun is shining and all that?
Looking at the overall housing market nationwide, there’s a slowdown and a lot of the experts out there are suggesting we are moving into a “Buyer’s Market.” Does that stand true for the Bay Area? I’m not so sure. We still have a really big chasm between supply and demand. Numbers in San Francisco are staying pretty steady and I think we’ll see a normal to higher than normal pace of sales over the summer. One of the areas that has remained sluggish is the condo market. That said, Glen Park hasn’t seen a lot of that pain, since the condos in Glen Park are usually in smaller buildings, which tend to do better.
Glen Park is a wonderful place to live and now it’s not a secret anymore. So many people need quick access to the Peninsula or to Downtown for jobs that are taking off right now and Glen Park just happens to have an easy commute either way. That, and wonderful businesses, parks, and residents! What more could you want?
Looking forward to catching up in July!
Now, for the Glen Park Transactions/Listings for the month of May:
Here’s a look at what sold in the month of May–
Here’s a look at what’s currently in contract–
And lastly, the inventory that is currently available in Glen Park–
For more San Francisco sales data, visit: thegoods-sf.com/AmandaMartin/
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