April 22, 2019

Our Recent Compass Concierge Success Story, Plus First Quarter Market Update!

Dear Friends,

The first quarter of 2019 has come and gone, and not without causing a dramatic stir and shift in the market. With big IPO’s looming, interest rates dropping to the largest 1 week decline in 10 years, and stock prices reaching the biggest Q1 jump in 20 years, there are many critical factors that will impact the Real Estate market.

Scroll down to see an overview (and amazing results of) our latest program for prospective sellers, some of our recent activity, first quarter market update and a few local events!

As always, thank you for reading and for your referrals!

Warmly,

Dale + Alla

Our Recent

Compass Concierge Success Story

This stylish Artani condo was full of character when we first encountered it, but in need of some modern touches in order to be market ready.

We helped our sellers decide what specific changes to their home needed to be made to pay dividends in the final sale price. By utilizing the program, our sellers could now invest in the physical improvements that will increase the value of their home, without having to spend any money upfront.

By providing our recommendations on the modern updates that would maximize the final sales price and about $8,500 fronted by Compass Concierge, we were able to get them best bang for their buck.

Result: This home received 3 pre-emptive offers and successfully sold for $105,000 over the original market list price.

This is just one of many recent success stories…stay tuned for more!

Recent Activity

Coming Soon

Stunning Berkeley Bungalow

3 Bed | 1.5 Bath + Detached Bonus Space

Remodeled Jordan Park/Laurel Heights Home

3 Bed | 2 Bath | 3 Car Parking

Exquisite Inner Mission Home

3 Bed | 2 Bath | Fully Remodeled

Just Listed

Gorgeous Mission Abodes

Victorian Flat (Unit A)

Offered at $1,395,000

3 Bed | 2 Bath

Detached House-Like TIC (Unit B)

Offered at $1,495,000

2 Bed | 2 Bath

In Contract

Classic Valencia Corridor Condo

Offered at $879,000

2 Bed | 1 Bath

Exquisite English Tudor

Offered at $2,585,000

4 Bed | 4.5 Bath

Sold

Iconic West Portal Home

10 Offers! Sold for $2,810,000

Sold for over 25% over asking!

Stylish Artani Condo

3 Pre-emptive offers!

Sold for $105,000 over asking!

First Quarter Market Update

Stats:

Sales -12% (Q1 YoY)

Lowest number of Q1 sales since 2009 (918)

Median sales price HOUSE -4%

Median sales price CONDO negligible change

Trends:

Declining of appreciation rates in the last 2 quarters.

Median house sales prices dropped dramatically from last spring, but then spiked up again in March 2019.

Outlook:

Inventory shift due to looming IPO’s buyers moving more quickly to beat the “rush of new millionaires” and sellers waiting to list in order to catch the rush.

Read more here.

April Happenings

Northern California Cherry Blossom Festival

April 13-21, 2019

Japantown, San Francisco

The Northern California Cherry Blossom Festival (NCCBF) is one of California’s most prominent celebrations of Asian traditions. Each year, over 220,000 people attend this dazzling display showcasing the color and grace of the Japanese culture and the diversity of the Japanese American Community.

Free Admission – Open To The Public

DogFest 2019

Saturday, April 27, 2019, 11am-4pm

Duboce Park (Noe Street at Duboce)

DogFest 2019 is a mutt-tastic festival at one of the most dog-friendly parks in the city and the biggest dog event in San Francisco. A celebration of dogs and kids benefitting SFUSD McKinley Elementary School, a K-5 public school at Castro and 14th Streets. The festival offers something for dogs, kids, and parents of all breeds.

DaleAndAlla.com

Compass is a licensed real estate broker (01991628) in the State of California and abides
by Equal Housing Opportunity laws. All material presented herein is intended for informational
purposes only. Information is compiled from sources deemed reliable but is subject to errors,
omissions, changes in price, condition, sale, or withdraw without notice. No statement is made
as to accuracy of any description. All measurements and square footages are approximate. Exact
dimensions can be obtained by retaining the services of an architect or engineer. This is not
intended to solicit property already listed

415.845.5614 SFRealEstate@DaleAndAlla.com

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Dale + Alla Team

Our Recent Compass Concierge Success Story, Plus First Quarter Market Update!

SF Market Scoop

Dale Boutiette, DRE 1768604 | Alla Gershberg, DRE 1357822

1400 Van Ness Avenue, San Francisco, CA 94109 Phone 415.845.5614 Email SFRealEstate@DaleAndAlla.com