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GLEN PARK REAL ESTATE — November recap

December 13, 2022 by Amanda Martin


I just got back from my first real vacation since before the pandemic, and boy was that an adventure! I’ll spare you the details, but let me just say don’t get stuck taking a red-eye flight from an airport and town that closes down completely by 11pm. Any mishap will quickly become an epic disaster. Safe back at home now and not planning any vacations for a while, I’m excited to see where our never boring real estate market takes us through the holidays and into the New Year.

So, what’s happening with the numbers for November?

Across all property types in November 2022 there were 190 price reductions in San Franciscoand one in Glen Park (compared with 0 in either for November 2021.) We are still seeing the trend of price reductions, but also price increases. The strategy of underpricing is still being employed, and still works some of the time, but agents and sellers are finding out pretty quickly if they need to readjust that strategy if they don’t get offers near expectations. That’s when you’ll see a price increase, and that will usually be to the “Buy it Now” or “Transparent” price, the same as the number the seller wants to get for the property.

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

Properties currently contingent or pending in Glen Park:

Properties currently ACTIVE in Glen Park:

We are pretty well into the holiday season now, but I can already see the brewing of new buyer interest out there. There are folks starting to dip their toes in the water, but still some hesitance remains. There have been many layoffs in the tech sector, but there are also people going back to work in the office, and jobs are still being created. The stock market is all over the place from one day to the next, but things will calm down eventually. If you’re looking to buy a house and you have the money to do it, do it! If the rates go down, you can always refinance, and if they don’t then you’ll sure be happy to have locked in a lower rate. If you’ve been priced out of the market temporarily because of the interest rate increases, start a plan to build up reserves so you’re ready when things turn around. If you want to make a life change and retire in Costa Rica,do it if it makes sense! Life is short and we only get just one as far as I’m aware.

Have a wonderful Holiday Season and I’ll keep you posted in the New Year!

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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Glen Park Association
2 weeks ago
Glen Park Association

Meet one of the Greenway’s most diligent volunteers -- A Townsend Warbler as far as Google knows. Progress in removing invasive oxalis is going well, but work remains! As the sun comes out, please join us at the Glen Park Greenway Native Meadow (between Lippard and Brompton Streets) to carefully remove invasive oxalis plants. Email our oxalis remediation lead, Kathy Keller at greenway@glenparkassociation.org if you can help! ... See MoreSee Less

Meet one of the Greenway’s most diligent volunteers -- A Townsend Warbler as far as Google knows. Progress in removing invasive oxalis is going well, but work remains! As the sun comes out, please join us at the Glen Park Greenway Native Meadow (between Lippard and Brompton Streets) to carefully remove invasive oxalis plants. Email our oxalis remediation lead, Kathy Keller at greenway@glenparkassociation.org if you can help!
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Glen Park Association
2 weeks ago
Glen Park Association

Join us THURSDAY JANUARY 19 at the Glen Park Association Quarterly meeting. We'll be in-person at the Glen Park Rec. Center at 6:30 PM. Our agenda includes:

-- A special presentation from QuitCarbon,
-- Meeting the new owners of @canyonmarket ,
-- Learning more about projects at @sfrecpark & @sfpublichealth, and
-- Electing 2023 GPA officers.

Have you renewed your membership for 2023 yet? Help keep our neighborhood vital by joining today at www.glenparkassociation.org/glen-park-association-membership/
... See MoreSee Less

Join us THURSDAY JANUARY 19 at the Glen Park Association Quarterly meeting. Well be in-person at the Glen Park Rec. Center at 6:30 PM. Our agenda includes:

-- A special presentation from QuitCarbon, 
-- Meeting the new owners of @canyonmarket , 
-- Learning more about projects at @sfrecpark  & @sfpublichealth, and
-- Electing 2023 GPA officers.

Have you renewed your membership for 2023 yet? Help keep our neighborhood vital by joining today at https://www.glenparkassociation.org/glen-park-association-membership/
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Coyote Yipps
Friends of Noe Valley Rec Center
Glen Park Neighborhoods History Project
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Upper Noe Neighbors

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