By now everyone knows that the real estate market in northern California, especially the Bay Area, especially San Francisco and the Peninsula – is doing very well, thank you very much.
The constant cries of “There is no inventory.” definitely indicate a shortage of inventory, but, truthfully, not a shortage of sales. For, whenever a new listing comes on the market (or even, quite often these days, when it doesn’t), it is quickly sold if it is reasonably priced and in decent shape. So, the stock of inventory is low but the flow of sales is pretty brisk.
Through this, I am happy to report, our SF Lakeside & St. Francis Wood office is doing great. Take a look at this comparison with other offices:
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