Weekly Zephyr Sales Statistics--- Zephyr is San Francisco's largest, independent real estate company, making it a good indicator of our market's activity level. How did we fare? 24 properties were put into escrow this past week. Of these 24, 12 were for over-asking with multiple offers, 8 were at the asking (listing) price, and 4 were under-asking. So, 50% of homes sold went for over the list price.
Certainly, there are values to be had right now but we are far, far, far from a crash, bubble burst, or even a true buyer's market. That said, I have not seen such opportunites for buyers in over 5 years.
