The Glen Park Association

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GLEN PARK REAL ESTATE–October recap

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Make Hay While the Sun is Shining!

This could be an interesting holiday season for San Francisco real estate. Demand is very high for homes that check the boxes, so some sellers who’d normally be advised to wait for spring are getting advised to move forward and list when ready.

Let’s be honest: Things feel a little unpredictable right now. Politics, the economy, our social systems–it’s all moving around, and housing is likely to move along with it to some degree. None of us is sure what tomorrow will bring.

For sellers, times are looking good.  For buyers, it can feel like you’re running uphill. Homes in desirable neighborhood–and Glen Park is definitely one of them—are selling fast, often with multiple offers and well over asking. Citywide inventory is about one-third of what it was this time last year, which means competition is fierce.

If you’re looking to buy, now’s the time to team up with a good agent who can help you spot value and put together a winning strategy on a house by house basis. Listing prices are really just conversation starters these days, often well below what the seller expects. A little insight and preparation can make all the difference.

Not into bidding wars (and really, who is other than sellers?!) Look for homes that overshot the mark and have been sitting for a couple of weeks, or check out condos, TICs, or multi-unit buildings. You’ll find less competition and maybe even a hidden gem.

Good luck out there — and make your move while everyone else is baking pies! 🥧

👉 This article in the San Francisco Standard gives a great snapshot of the current market mood.

Now, for the Glen Park Transactions/Listings for the month of October:

Here’s a look at what sold in the month of October–

Here’s a look at what’s currently in contract–

And lastly, the inventory that is currently available in Glen Park–