Real Estate Update for San Francisco Homebuyers and Sellers
courtesy of:
Eileen Bermingham
DRE# 01352627
Most Recent Sales  citywide in the last 21 days
Address Type BR/BA/Units Parking DOM List Price Sold Price
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In This Issue…

Most Recent Sales
San Francisco Market Overview
Valencia Street Update
AIA Home Tours
Big News at 5800 3rd Street
San Francisco Market Overview 
  Single Family Homes Condos/TICs/Lofts 2-4 Units
Median Sales Price, last 180 days
% Change from prior 180 days
Avg. Days on Market, last 180 days
% Change from prior 180 days
Valencia Street Update 

The street scene in the Mission District is ever-changing. Twenty years ago, Valencia wasn't much of a destination. Ten years ago, it began to come to the forefront of Mission nightlife. Fast forward to today, and it's squarely in the heart of development with new condo buildings breaking ground at every turn.


299 Valencia Street
Initially permitted in 2008, this parking lot is now covered in plywood and come this spring, 24 condominiums are on track to be there. The developer, JS Sullivan Development, has had plans in place since 2008, but was unable to get financing until recently. Thanks to Bank of Marin, these condos are now under construction.

490 South Van Ness
A former taxi cab parking lot is now slated for 84 units. It's currently in the environmental impact review stage.

1501 15th Street
45 new units are planned to be on the site of the former gas station. It's scheduled to come before the Planning Commission this September/October.

1050 Valencia Street
This project is on hold as the Liberty Hill Neighborhood Association is actively protesting the development over a lack of off street parking.

More updates as these projects progress.
AIA Home Tours 
As we finish the summer, we have many events to look forward to as well as the best weather of our San Francisco year. A favorite annual event is the AIA San Francisco Living: Home Tours. This year's tour of 10 homes will take place on September 17th and 18th. Tickets are $60 for AIA members and $75 for general admission.

Here's a sample of the featured homes in 2011:

Noe Vista. Originally built in 1949 as a four-room row-house, this fully renovated 4-story home retained the original structure which was "wrapped in a veil of cedar pickets at the street, then stretched back into the slope of the hill to establish a podium of bedrooms and service areas."

Old Bernal House. This 1860s Bernal Heights cottage, one of the oldest houses in the neighborhood, sat in disrepair for years. The original facade was retained, and a contemporary 10-foot wide "unobtrusive" wing was added. Additionally, the upper floor and roof were cut away to allow light in the kitchen and living room.

Hill Street Residence. This is a renovation of a small 1970's Dolores Heights home. It has been transformed into an "airy modern home" featuring indoor/outdoor living spaces with expansive views.

Visit the AIA website to get a preview of all 10 properties on this year's tour.
Big News at 5800 3rd Street 
Big happenings in the Bayview District. Let's take it from the top…

5800 Third Street
• 137 condominiums
• 1, 2 and 3 bedroom floor plans
• Prices starting at $300,000
• 3.5% FHA Financing available
• Multiple courtyards and community space
• Retail space includes Limon Rotisserie, Brown Sugar and Fresh & Easy

On Wednesday the 24th, Fresh and Easy finally opened their second grocery store in San Francisco. This is the first full-service grocery store in the Bayview District in over 20 years. This adds tremendous convenience for the entire neighborhood, and it certainly makes 5800 3rd Street a much more enticing housing possibility.

Three active listings currently in the MLS at 5800 3rd Street include:
• Unit #1120 - 2BR/2BA, 1-car parking, listed for $396,000
• Unit #1403 - 1BR/1BA, 1-car parking, listed for $349,000
• Unit #1105 - 2BR/2BA, 1-car parking, listed for $394,000

Keep in mind: While you can go directly to the sales office, it's highly recommended you register with your own Realtor to ensure your needs and interests are best represented.
Eileen Bermingham • 415.823.4656 • ebermingham@zephyrsf.com
Recent listings, sales, and market data are based on information from the San Francisco Association of Realtors MLS for the periods shown.
Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.