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| | San Francisco Heads Into Q4 Strong |
| San Francisco continues to stand out as one of the nation's most competitive housing markets. In September, 92% of single-family homes sold above asking price, while median prices rose 17% year-over-year for houses and 23% for condominiums. Condo demand also strengthened significantly, with 66% of sales closing above list price, a notable contrast to softer condominium markets across much of the US. Fall inventory peaked a few weeks ago, and while new inventory is beginning to diminish, buyer demand remains seasonally strong for this time of year. The pace at which these remaining homes are absorbed will be a key indicator to watch heading into the final months of the year.
Dive into the Full October Market Report for a closer look at the forces shaping San Francisco real estate this fall. Thank you for being part of the Bellings Brothers family, we’re always here to help you navigate what comes next. Happy Halloween! 🎃
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| | Bay Area Leads Venture Capital 💰 |
| San Francisco tech employment has remained relatively flat since 2019, yet tech payroll has more than doubled, rising from roughly $27 billion to $57 billion. The widening gap highlights how dramatically compensation and wealth creation have grown even without significant job growth, helping fuel continued purchasing power in the city’s housing market. Read More. |
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| | A New Skyline Landmark Moves Forward 🏙️ |
| San Francisco has approved revised plans for a 67-story tower at 10 South Van Ness, bringing 921 new homes to the prominent Market Street and Van Ness intersection. Rising 820 feet with a mix of condominiums, rentals, retail, and public-facing amenities, the project would become one of the city’s most significant new residential towers. Read More. |
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| | | | SF’s Best Neighborhoods for Halloween & Trick or Treatin' 👻 |
| From decorated Victorians and lively neighborhood streets to family-friendly trick-or-treating, San Francisco goes all out for Halloween. This guide rounds up some of the best neighborhoods across the city to experience the festivities, costumes, and over-the-top seasonal displays. Read More. |
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| | | | Fresh Energy in the Inner Sunset |
| The Inner Sunset is getting a fresh boost, with new restaurants and investment planned along the 9th & Irving corridor, including a Yemeni café, a new pizza shop, and improvements to roughly 20 storefronts. The neighborhood initiative is bringing renewed energy to one of San Francisco’s most beloved village-like districts. Read More. |
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| | | 3 BD | 2 BA | 1450 SF | $1,895,000 |
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| | | | | DUPLEX | 2BD Flats | VIEWS | $1,499,000 |
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| 875 Masonic Avenue No. 100 |
| | 3 BD | 2 BA | 1 PKG | Yard | $1,695,000 |
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| | | | | 2 BD | 2 BA | 1 PKG | Roof Deck | $849,000 |
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| | | | TRIPLEX | 3-PKG | 3002 SF | $1,695,000 |
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| | | 181 O'Farrell Street No. 307 |
| | LOFT | 2 BA | 1369 SF | $749,000 |
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| | Mastering Preparation and Sold for Almost $500K Over List Price in 7 Days! 🔥 |
| Our Ashbury Heights listing moved fast, but no surprise when you look at that gorgeous home! 433 Upper Terrace No. 1, sold in just 7 days and closing for nearly $500K over the asking price. Strong positioning, standout presentation, and months of preparation came together for an exceptional result, and some very happy seller clients! |
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| | | A Piece of SF History To Call Their Own |
| These first-time buyers found their dream home! Just steps from Alamo Square Park and the Painted Ladies, their Queen Anne is pure San Francisco, so much so that it was featured in Joseph B. Pecora’s The Storied Houses of Alamo Square. We couldn’t be happier to help them make such a special piece of the city their own. 🏡✨ |
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We Treat Your Referrals Like Family |
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As always, we take excellent care of any referrals you send our way. If you have any family or friends who are thinking about buying or selling a home in the Bay Area, we’d love to connect with them! |
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| Moving Outside of the Bay Area?
Whether you're relocating for work, expanding your investment portfolio, or wanting a change of scenery - we've got you covered! As Top 1% Compass Agents, we have access to a powerful nationalnetwork that encompasses the best agents all across the country. Reach out for a great Realtor referral! 🏡✈️ |
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| Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 01527235, 01527365. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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