See how we achieve HIGHER sales price + QUICKER close in our new video here!!!
Mia's Newsletter
Hello Everyone,
Sold in 2 days! Sold in 10 days! With our prep work, top notch marketing strategy and design team, our listings have been doing AMAZING! The condo market is HOT!
Market Update
The number of condos on the market fell in April but remains higher than last year. Demand for condos has come back strong, and sales outpaced new listings in March and April. Sales in April 2021 significantly outpaced sales in both April 2020 and 2019.
The market is doing amazing! Right now, there is amazing opportunity to buy at good price for a SF condo. Especially before summer! Condo prices are still lower than pre-covid, but WE ARE BUSY! The properties "Days on Market" metric has gone down considerably, much to the delight of homeowners and buyers. Sellers are happy to see that their houses are not sitting on the market for a long time, and most of our closings have closed at list price or at a price that our sellers were happy with. NOW IS THE TIME FOR A QUICK TRANSACTION + HIGHER SELLING PRICE!
Supply is starting to run short, so we may start to see multiple offers on a property which will start to drive the price back up. With a top notch marketing plan and design team, our properties have been flying off the market! We've had 11 closings in the past 30 days and 6 more currently pending.
250 King #780, 260 King #609 - SOLD IN 2 DAYS ON MARKET!
88 King St #313 - SOLD IN 2 WEEKS AT ASKING!
999 Green St #2105 - SOLD IN 1 DAY OFF-MARKET!
333 1st St #1805 - SOLD OFF MARKET!
We are currently representing 1031 Exchange buyers + several buyers who missed out on our listings who are ready to purchase in your neighborhood!
SF CONDO SOLD LISTINGS
SF CONDO MEDIAN DAYS ON MARKET
South Beach luxury high rises that saw the biggest dips in median sales price over the past 3 months is up more than 4% since 2019!
Overall, the housing market has shown its resilience through the pandemic. We anticipate new listings to accelerate into the summer months. The current market conditions could withstand a high number of new listings coming to market, and more sellers could enter the market to capitalize on the high buyer demand. As we enter the spring season, we expect the high buyer demand to continue, and new homes on the market to be sold quickly.
The Federal Reserve Chair, Janet Yellen voiced concerns about rising inflation. She signaled (and then walked back) the possibility of higher interest rates due to inflation. With the economy roaring along, it’s inevitable that they will rise - it’s just a matter of time. Buyers will continue to take advantage of the market, so it is an incredibly good time for a smooth transaction.
Contact us today to discuss the market and let us know how we can help you achieve your real estate goals.
First resale Mira Sky Residence w breathtaking frontal Bay Bridge views + private view terrace located on prime South Beach waterfront!
Over $30K worth of upgrades by the seller and no transfer tax!
Most desirable F stack w frontal Bay Bridge views which are mostly sold out.
Coming Soon | 280 Spear St #4C
MIRA, South Beach
Exquisite 2BR/1BA with limited availability feat private view balcony w Bay Bridge views + $31K worth of upgrades. Call for more details!
FUN BUILDING FACTS!
Designed by award-winning architecture firm Studio Gang and developed by Tishman Speyer, MIRA is an iconic addition to the San Francisco skyline with alternating bay windows creating a "twisted" look.
Luxury amenities include 24/7 elegant lobby, Jay Wright fitness center, children’s playroom, dog grooming station, conference room, courtyard + private dining/lounge that opens to a roof deck with fire pits & a bbq.
Special programs are available to residents at MIRA such as StretchLab Embarcadero which offers on site stretching classes to help increase mobility and improve posture. Vanegas & Sons also continues to offer mobile car wash and detailing services every third Friday of the month for a minimal fee.
Elegant Pacific Heights 2BR/2BA condo in highly sought after building with 2 west facing balconies to relax and refresh daily! Modern open floor plan w new flooring, designer paint throughout & contemporary dining light making your home charming + bright. Close proximity to restaurants, shopping & nightlife of Fillmore, Polk & Union Streets!
Just Listed | 207 King St #411
Glassworks, Mission Bay
Ultra modern living at Glassworks – Grand 12ft floor to ceiling windows w dramatic views of Oracle Park, City, Water & Bay Bridge! Large flex room is perfect for a home office or guest room with added sound insulation and pocket door for privacy.
Coming Soon!
250 King St | Beacon TBD 1 Bedroom / 1.5 Bathrooms / 1104 Sq Ft Highly desirable corner home with floor to ceiling walls of windows showcasing vibrant city and Twin Peaks views!
Coming Soon!
2701 Van Ness | Marina Chateau TBD
Jr 1 Bedroom / 1 Bathroom Experience a majestic Beaux-Arts architectural masterpiece at The Marina Chateau. Prime location and commuter’s dream near Union, Chestnut, Polk, Van Ness & Lombard retail.
We are looking into Airbnb investments. I love staying at different Airbnb properties that offer unique experiences! I recently stayed at one in Venice Beach that was amazing and had a luxurious pool w LED lighting/ fun outdoor lounge space.
We're currently exploring opportunities in CA and beyond. Stay tuned with more updates on our new venture!!!
