Real Estate Update for San Francisco Homebuyers and Sellers
courtesy of:
Eileen Bermingham
DRE# 01352627
Most Recent Sales  citywide in the last 21 days
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In This Issue…

Most Recent Sales
San Francisco Market Overview
Plan C Online Resource
Great TIC Properties
Spotlight on NoPa
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
Plan C Online Resource 

If you’re an avid MarketTracker reader -- or C-SPAN junkie -- you may be familiar with Plan C. To quickly refresh, and make sure we are all on the same page, Plan C is Tenancy-in-Common Condo Conversion Lottery Bypass legislation that was introduced to the San Francisco Board of Supervisors by Supervisors Mark Farrell and Scott Wiener in June. If passed, this legislation would let TIC owners that are eligible for the condo conversion lottery bypass the lottery by paying a fee ($20,000). This fee would go toward San Francisco's affordable housing projects. I have recently been made aware of a great online resource for all things Plan C,

There are many reasons to want to get involved, and not only if you are a TIC owner. Get involved if you want to see homeownership become a possibility for more San Franciscans, or if you want to see a surge in funds available for San Francisco's low income families. The website makes it easy to make your voice heard. There is a list of action items, key supervisors to contact, information that is easy to pass along via your social media channels, and lists of upcoming events and rallies. Let’s make this happen!
Great TIC Properties 
After seeing a lull 2009 through 2011, the Tenancy-in-Common market is starting to gear back up, slowly. And while we’re definitely still babying that clutch in first, there are some great TICs selling and currently on the market. Fractional TIC financing is still readily available and rates have come back down to our atmosphere. Here are a few great TICs to get your motor running:

589 Francisco $599,000
Completely remodeled two-bedroom, two-bath in coveted North Beach. Chef’s kitchen with top-of-the-line appliances, marble baths. Parking available to be purchased in the building. Pictured right.

2077 Golden Gate $699,000
Two-plus-bedroom NoPa flat in a gorgeous Eastlake Stick Victorian. Two remodeled baths, one-car garaged parking, remodeled kitchen, two fireplaces and high ceilings.

1629 Beach $1,700,000
Huge Marina flat. Three bedrooms and three baths on the main level with a master suite with fireplace on the pent-level. Ton’s of 1930s charm. Two-car parking.
Spotlight on NoPa 
Tenancies-in-Common seem to cluster in certain neighborhoods throughout the city. Typically you find them in densely populated areas with older housing stock. Many TICs are found in historical San Francisco neighborhoods that were above the fire line of the 1906 earthquake and fire. One such neighborhood is the North of Panhandle district, or NoPa as it is affectionately known. Many of the properties in this area were built before 1906, producing classic San Francisco Victorian flats, and many gorgeous 1920s and 30s old world homes. Not only is this a great area to own a piece of "real" San Francisco architecture, but NoPa has steadily become a wonderful area of town to live, eat and play.

Here are a few neighborhood favorites from the people who live there:

Osso & Co NoPa is a great neighborhood for dogs and their owners. The Broderick outpost of this beloved pet supply store is a neighborhood favorite. Browse around to find your pup the most-flattering collar, the BEST Halloween getup and the tastiest treats. Pictured left.

Panhandle and Alamo Square Park After you have your canine decked out in the hottest gear, take them for a saunter through the Panhandle. Or, if you’ve got a child in tow, try the great kiddie playground at Alamo Square Park (not technically in NoPa, but darn close).

Rare Device Art gallery, curiosity shop, home goods, gift shop? Hard to put one name on this utterly cool Divisadero emporium. NoPa residents stop by this store when they are looking for doodads, widgets, jewelry, gadgets, or just a little pick me up.

Green Chile Kitchen I’ve got one word to describe this place, "yum." And two words to describe its sister restaurant Chile Pies & Ice Cream, "double yum." Stop by to enjoy the namesake green chile with homemade tortillas or a piece of pie whirled up into your milkshake (uh huh!) in these casual-cool NoPa restaurants.

Central Coffee, Tea & Spice A great, local place for your early morning coffee and pastries, and a wonderful destination for your Sunday morning stroll.
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.