Zephyr is San Francisco’s largest, independent real estate brokerage. As such, it makes sense to pay attention to Zephyr company sales as an indicator of overall market trends. This week, Of all properties sold:
- 59% of sales received multiple offers.
- 68% of homes sold for more than the asking price.
- 4% of homes sold for the asking price.
- 14% of homes sold for under the asking price.
Like they say, context is all. What one property is doing can have absolutely nothing to do with another one. Price, position, and presentation are key.