Corcoran Global Living Market Tracker
Eileen Bermingham
415.823.4656
ebermingham@zephyrsf.com
CalBRE # 01352627
Most Recent Sales
citywide
Address Type BR/BA/Units DOM List Price Sold Price
No sales reported in the past 21 days
San Francisco Market Overview
Single
Family Home
Condos/
TICs/Lofts
2-4 Units
Median Sales Price, last 180 days $1,080,000 $951,900 $1,561,000
% Change from prior 180 days 0.0% +2.4% +2.4%
Avg. Days on Market, last 180 days 32 48 48
% Change from prior 180 days +6.8% +22.8% -2.7%
Festival Time - Featuring Food and Drink!
We love our food here in San Francisco, and our libations too. Add to that the opportunity for a celebratory gathering and you have many options in upcoming weeks to check out! The popular SF Beer Week is about to kick off, running from February 6th-15th. There are loads of different beer-centric events to check out (more than 600 in fact); plenty of options for the novice beer drinker to the connoisseur and all the amateurs in between.

If fermented grape juice is more your style, the Union Street Wine Walk is just around the corner (February 12th). This fun and festive tasting event is in its fifth annual outing. A $30 ticket gets you a wine glass and a map leading to all the available tastings along the route. It’s a fun chance to try new wines and explore the charms of Union and Fillmore Streets.

Also upcoming is a slow food focused event in the Ferry Building aiming to raise awareness and enjoyment of conscious eating in the Bay Area. Attendees can stroll the marketplace and enjoy seasonal hors d'oeuvres and local wines while benefitting Slow Food San Francisco. And a food-focused film festival is coming to the City later this spring. In addition to showcasing films from around the world on the subject of food and farming, there are plans to include some tasty local bites paired with each day's films.
Explore Glen Park
Nearly every week a different neighborhood in the City is highlighted on our Facebook page. A video tour is typically shared as well as market charts that show median sales price information for the past decade and market update videos that show in a minute and a half what real estate has been up to in that neighborhood the past month. This past week we got to know a bit more about the neighborhood Glen Park.

This large and bright single family home is in the heart of Glen Park’s Village. Skylights flood the wonderful floor plan with natural light. Three-plus bedrooms and 3 baths offer plenty of room to live in comfort and also to entertain overnight guests. The home is a classically grand Edwardian with modern style throughout. Beautiful details are everywhere, from the elegant staircase, gourmet kitchen, and French doors to a peaceful patio garden. Offered at $1,595,000.

This condo atop Glen Park offers sensational views of San Francisco in a modern and updated top floor home. The living room, dining and kitchen are all open to one another and filled with natural light. Two bedrooms and 1.5 baths, with a skylight over the master bath shower. The location is highly walkable - to parks, restaurants, and BART. There is also 1 car parking in the garage, along with extra storage. Offered at $849,000.

This large 2-story Victorian home has 3 bedrooms, 1 bathroom, and a deck out back. The property has been owned by the same family for decades, lovingly maintained and is ready to be made into your own space. Location is great in the village-like neighborhood of Glen Park with local haunts a brief walk away. Offered at $990,000.
In This Issue
Most Recent Sales
San Francisco Market Overview
Festival Time - Featuring Food and Drink!
The "Airbnb Law" is Now in Effect
Explore Glen Park
The "Airbnb Law" is Now in Effect
Okay, so it isn’t just about Airbnb, but the popularity of the website certainly heightened the conversation in the City, and last October new legislation was passed to legalize vacation rentals for less than 30 days in San Francisco. Starting last week, legal short term rentals are now officially allowed in San Francisco - but they come with a slew of new rules managing that legality.

Property owners and tenants can now apply to register their permanent residence as a short-term residential rental. There is a $50 fee associated with registration (good for two years), and registration must be completed in person. Additionally, a legally registered listing must be the primary residence of the individual, and be occupied by them 75% of the year. This means that one can share their home space while living there with no restrictions, but when it comes to renting out the entire home there is a limit.

There is, of course, still concern about San Francisco’s ability to enforce this legislation moving forward. Earlier this past week the planning department had about 130 appointments of registration hopefuls on the books - but that hardly scratches the surface of the more than 5,000 San Francisco listings that appeared on the site last year. For now, the planning department will continue to observe how the new process evolves.

Eileen Bermingham • 415.823.4656 • ebermingham@zephyrsf.com ZephyrRE.com