YTD list is $751 and solds is $737. These figures, though true, are almost meaningless because there are so many factors in play. When you decide to take the next step beyond "just looking", give me a call or an email and we can talk about achieving your goals. No strings.
Another issue, as you know, are sales where the seller has requested that the sales price not be recorded in the MLS. They show up with an asterisk and the list price as the sale price, even though the sale price could be significantly below the list price, and in fact frequently is in some of the downtown condo buildings that have been struggling. I now exclude those sales entirely from my median calculations.
I was recently looking at pricing for some clients and three of the 9 comps didn't list square footage. We called the agents and got the size and by plugging in those numbers the average price per sq ft jumped by almost $75. This is not an uncommon phenomenon.
The bottom line for me is that you have to go out and look at properties to adjust for differences because the average takes into account the best and the worst, and as we all know in this city that accounts for a very wide range...
as much fun as this is I must work now...
Misha Weidman, Independent Broker
As you are getting from others here, averages don't really have much to do with anything, especially when you're not differentiating from large and small units, location, views, traffic, condition, etc... Factoring in the ones who don't post square footage, it's even less useful. Even in the same building you can have dramatic differences in views, noise, etc of units that are otherwise equal.
If you want to get deeper inside the numbers in the process of buying, find a good broker and let them help you get up to speed.
Lance King/Managing Broker
Views, location in a building, age of the building, architecture, amenities, walkability of the building all factor into each individual unit.
Given the facts from the recent sales do keep in mind that not all recorded sales have the sq ft information and that can throw off the numbers. There are always more facts to consider than square footage. Good luck!
Lorraine Meier RealtorÂ®
Zephyr Real Estate
2523 California St, S.F., CA 94115
The average ppsq for condo's in the Marina is $782.41, Pacific Heights is $725.05 and Cow Hollow is $726.41 and if you ad in Presideo Heights which is in district 7 then that would be $708.50. The average price per square foot in disctrict 7 (Marina, Pacific Heights, Presideo Heights and Cow Hollow) would be $728.41.
If i can help with your real estate needs please feel free to contact me at anytime.
Michael W Robertson
McGuire Real Estate
The average cost per square foot was $759, based on these sales. The average sales price was $1,107,500.
Please let me know if you'd like any additional information.