Andres Restrepo - SF Real Estate
Andres Restrepo - SF Real Estate
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San Francisco Real Estate Update: June 2024
What is the market like in San Francisco lately? Check out this video for some real time data for both houses and condos. Overall, buyers have accepted the new interest rate environment and listings are experiencing more activity compared to this time last year.
Some quick data that is discussed in the video:
May 2023, May 2024, -/+%
Houses
➜ House Median Price YoY: May 2023 $1.618M, May 2024 $1.725M, +6.6%
➜ % Sold Over Ask: May 2023 61.6%, May 2024 74.6%, +21.2%
➜ Median DOM: May 2023 14 DOM, May 2024 13 DOM, -7.1%
➜ Avg % Over Asking: May 2023 6.5%, May 2024 11.5%, +4.7%
Condos
➜ Condo Median Price YoY: May 2023 $1.15M, May 2024 $1.1325M, -1.5%
➜ % Sold Over Ask: May 2023 36.9%, May 2024 40%, +8.4%
➜ Median DOM: May 2023 32 DOM, May 2024 30 DOM, -6.3%
➜ Avg % Over Asking: May 2023 -1.7%, May 2024 0%, +1.7%
👍 Don't forget to Like, Comment & Subscribe! 🚀
Andres Restrepo | 122° West Real Estate
andresrestrepobusiness@gmail.com
www.122westrealestate.com
Compass | San Francisco
DRE 02059106
🗓Let's set up a time to chat about your Real Estate Goals! Book a time to connect:
calendly.com/122westrealestate/consultation
➜➜➜ Follow me on Social
122° West Real Estate IG - 122westrealestate
Personal IG - arsoldthebay
zhlédnutí: 148

Video

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zhlédnutí 263Před měsícem
Ever thought about living in Mission Bay? Watch this video to see if this neighborhood is what you've been looking for. Mission Bay is one of San Francisco's most modern neighborhoods. It's a bit of a departure from your quaint Victorian or mid-century homes found elsewhere in the city! What does Mission Bay have? -Newer condo developments -Easy access to transportation (highway and Caltrain) -...
NAR Lawsuit: What it means for The Bay Area...
zhlédnutí 93Před 2 měsíci
In this video I’m sharing my take on the recent NAR lawsuit regarding Real Estate Agent Commissions. Not every market is the same, but one thing that’s for sure is that buyers heavily rely on the buyer’s agent expertise in San Francisco-it’s one of the most cut-throat markets in the nation. We truly wear a million hats. Some common questions answered in the video: 1. As a result of the NAR laws...
Houses up to $3M in San Francisco | House Hunters
zhlédnutí 2,4KPřed 4 měsíci
Watch this video for a tour of current properties on the San Francisco market. Each time, we'll select a different budget so you can see what you can get in a particular price point. Price point: $3,000,000 Neighborhoods: Noe Valley, Eureka Valley Property types: 3-4 bedroom single family homes with parking Current status of properties: Pending Watch until the end to hear what property I would ...
Condos under $1.5M in San Francisco | House Hunters
zhlédnutí 4,9KPřed 5 měsíci
Watch this video for a tour of current properties on the San Francisco market. Each time, we'll select a different budget so you can see what you can get in a particular price point. Price range: $1.2M - $1.5M Neighborhoods: Lower Pacific Heights, Corona Heights Property types: 2-3 Bedroom Condos Watch until the end to hear what property I would buy given these three choices House Hunters style...
What Buyers and Sellers are experiencing RIGHT NOW in San Francisco...
zhlédnutí 172Před 6 měsíci
The last quarter of 2023 was one of our busiest yet. Tune in to hear three recent and unique client stories (2 Buyers and 1 Seller) and to see what everyday San Francisco residents are experiencing in the real estate market. Here are timestamps if you want to fast forward to a particular story: 0:52 - A couple and a baby look for a SFH with a budget up to $1.8M. They locate a home at the last-m...
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zhlédnutí 165Před 8 měsíci
Curious about living in Hayes Valley? In this video, my business partner Andreas Ernst and I will show you some fun activities to do, real estate price points, and an exclusive interview with longtime resident Paul and the mayor of Hayes Valley, Casper the Cockatoo. A few decades ago, Hayes Valley was not the neighborhood it is today, largely due to the freeway overpass that cut the neighborhoo...
San Francisco Fall Real Estate PREDICTIONS...
zhlédnutí 159Před 10 měsíci
The Fall Market is off to a good start, but inventory still isn’t where it was in the past. Having said that, Open House traffic and inquiries have picked up since the start of September. Desirable properties have been selling at competitive prices and are experiencing multiple offers (even back during the slower summer months, such as July). My predictions for the Fall: We’ll see some greater ...
Living in a $5,100/month San Francisco 2-BED (Apartment Tour)
zhlédnutí 591Před rokem
Take a tour of Mason on Mariposa, a luxury apartment building in Potrero Hill and one of four Related Properties, which include The Avery, The Paramount, and Fifteen-Fifty. Message me if you’re interested in touring any of these buildings and I’ll let you know what concessions you can negotiate! 🗓Let's set up a time to chat about your Real Estate Goals! Book a time to connect: calendly.com/122w...
440 Missouri St - Inside a 1914 Edwardian Home in San Francisco
zhlédnutí 276Před rokem
Discover stunning 440 Missouri St, an Edwardian-Craftsman home nestled in a desirable tree-lined, north-slope block in Potrero Hill. Upon entry, you’re greeted by period details that flow into a spacious living room with wood-burning fireplace, adjacent to a formal dining area with original built-ins. A large eat-in kitchen connects to a convenient office nook & an intimate, covered outdoor ent...
San Francisco Real Estate Investing: Pre-Foreclosure Deal!
zhlédnutí 314Před rokem
My clients easily got the deal of the year in San Francisco in 2022. They jumped on an all-cash opportunity in Potrero Hill and paid $915,000 for a large 3 bedroom, 2 bathroom condo with parking. After $100,000 in renovations, the property is now worth $1,500,000! 🗓Let's set up a time to chat about your Real Estate Goals! Book a time to connect: calendly.com/122westrealestate/consultation In th...
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zhlédnutí 164Před rokem
Closing Costs for SELLERS Explained
House Hunting in MEDELLIN for an Income Property 🏡🤑
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House Hunting in MEDELLIN for an Income Property 🏡🤑
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TECH LAYOFFS and what they mean for SF Real Estate...
Top 10 Questions New Homebuyers have for Lenders
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Top 10 Questions New Homebuyers have for Lenders
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zhlédnutí 182Před rokem
Home Prices Are Falling...San Francisco Real Estate Fall Update
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zhlédnutí 2,1KPřed rokem
Neighborhood Tour: Potrero Hill in San Francisco
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zhlédnutí 1,7KPřed rokem
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Inside a $1.1M San Francisco Home in Potrero Hill
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Closing Costs EXPLAINED: San Francisco Bay Area
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zhlédnutí 254Před 2 lety
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Are we shifting to a BUYER'S MARKET in SAN FRANCISCO!?
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zhlédnutí 2,2KPřed 2 lety
New Condo Tour in San Francisco - 88 at the park
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zhlédnutí 129Před 2 lety
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zhlédnutí 1,2KPřed 2 lety
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Komentáře

  • @jonbatista9562
    @jonbatista9562 Před 2 dny

    Great video and knowledge thanks..is 100k still.enough now to get something in Medellin?

  • @debbieyates29
    @debbieyates29 Před 15 dny

    What idiot would spend that much money in San Francisco? Who would want to live in California period?

  • @pearlsaphier3458
    @pearlsaphier3458 Před 20 dny

    #2 laundry room sold me.

  • @jefferyburch9877
    @jefferyburch9877 Před měsícem

    Nice content, I live in the building next to the one you purchased. Great area.

  • @josebravo5276
    @josebravo5276 Před měsícem

    Really nice choice of apartment, do you have the link to book it in Airbnb? Thanks Andy.

  • @mrs.anonymous6291
    @mrs.anonymous6291 Před měsícem

    Theses homes are ridiculous for 3M. If I had 3M I would by a castle in France not one of these woke places.

  • @RitaKamil
    @RitaKamil Před měsícem

    I love Mission Bay! Great overview!

  • @whiteorchid5412
    @whiteorchid5412 Před měsícem

    Looks well maintained overall but a bit dated with continuity issues in design. I would definitely have an experienced building contractor give it quite an extra thorough proctology exam so there wouldn't be any surprises after purchase.

  • @glendaxiomaradavid
    @glendaxiomaradavid Před měsícem

    That is messed up ! Sucks ! When you new, you have no idea what you walking into.

    • @AndresRestrepoSFRealEstate
      @AndresRestrepoSFRealEstate Před měsícem

      6 years later I directly represented the owners on the sell side! All worked out in the long run and I learned a lot from my mentor at the time.

    • @glendaxiomaradavid
      @glendaxiomaradavid Před měsícem

      I agreed learning cost money or time and most of the time both 😊 Andy thank you for replying, sharing and time you put in to your channel . Very much appreciated .

  • @cynthiawong-lee9633
    @cynthiawong-lee9633 Před měsícem

    Also a suggestion, please pan your video slower. I couldn't watch your video because I started to feel the effects of being dizzy. It may look ok to you cuz you're the one walking through but your video needs to be panned slower in order to be enjoyed by all. I watched many realtor videos and it's a turn off when the video is presented like that.

  • @Jorr235
    @Jorr235 Před měsícem

    Sold for $13.5 million.

  • @Jorr235
    @Jorr235 Před měsícem

    Terrible video. Between the music and lack of commentary, really poor presentation. No one calls Pacific Heights, PAC Heights or San Francisco, SF.

  • @adc2327
    @adc2327 Před měsícem

    Older than probably anyone on here. Born and raised in the San Francisco Bay Area. Lived in San Francisco for 20 years. I have never, ever heard the neighborhood called "Pac Heights " by the locals. Pacific Heights! Oh well, I must be getting old. This is some young people's stuff. 😆

  • @princessadora
    @princessadora Před měsícem

    i want to see mansions around bakers beach please

  • @Sasstherapy
    @Sasstherapy Před 2 měsíci

    Not as fun for the hate watchers wanting to present the city as being somehow more crime ridden than every other city and full of liberal failure. However very informative!

  • @Bird1964
    @Bird1964 Před 2 měsíci

    Number 2 is gorgeous ❤

  • @weirdshibainu
    @weirdshibainu Před 2 měsíci

    Nice, but too many neighbors

  • @artemisapelaez6902
    @artemisapelaez6902 Před 2 měsíci

    I used to live in a beautiful building 2200 Sacramento st in front of Lafayette park

  • @elisabethmorton42
    @elisabethmorton42 Před 3 měsíci

    "PromoSM"

  • @user-gg7fs1rl5y
    @user-gg7fs1rl5y Před 4 měsíci

    Great job

  • @user-cd5ul1en1h
    @user-cd5ul1en1h Před 4 měsíci

    I picked the first one too! I love victorian homes. They are my favorite!

  • @Mongol12874
    @Mongol12874 Před 4 měsíci

    Hi Sir I want to to discuss some issues with your CZcams channel.....

  • @stephaniekennedy7753
    @stephaniekennedy7753 Před 5 měsíci

    I pick the 3rd one

  • @JOBAYERHOSSENBD
    @JOBAYERHOSSENBD Před 5 měsíci

    Dear sir, you can apply for monetization within few days. Good luck to you

  • @janety.1323
    @janety.1323 Před 5 měsíci

    #1 please!!

  • @californiaconnoisseurcanna121

    you couldnt give me the house for free and pay me 1 million a year and i still would turn it down. san francisco is a sess pool of druggies thieves and and smells like a toilet that should have been cleaned a long time ago

  • @deslobo-ep6jn
    @deslobo-ep6jn Před 5 měsíci

    San Francisco sucks

  • @AndresRestrepoSFRealEstate
    @AndresRestrepoSFRealEstate Před 5 měsíci

    Unsurprisingly, the condo I picked went into contract already while the other two are still available!

  • @Johnny-ro5kq
    @Johnny-ro5kq Před 6 měsíci

    🤤 *promo sm*

  • @user-oz5nc2hg3j
    @user-oz5nc2hg3j Před 6 měsíci

    That kitchen. Wow what a shame.

  • @Tone-Contreras
    @Tone-Contreras Před 7 měsíci

    Walk down Connecticut!! 😅

  • @FoozoolKhan
    @FoozoolKhan Před 7 měsíci

    How would you know a TIC is eligible to be converted to a condo or not?

    • @AndresRestrepoSFRealEstate
      @AndresRestrepoSFRealEstate Před 7 měsíci

      Two unit TIC buildings are generally eligible for fast track condo conversion. 3-4 unit buildings have to go through a lottery system to condo convert. A number of requirements must be met such as no prior eviction history registered with the rent board among other criteria.

  • @SkyStepDrones68
    @SkyStepDrones68 Před 8 měsíci

    Very nice!

  • @inefaz
    @inefaz Před 8 měsíci

    Thank you parce for being so generous in sharing this info. God bless you, your family, and your finances.

  • @daleyvibez5244
    @daleyvibez5244 Před 8 měsíci

    Still sold for $100k over asking. Ridiculous

  • @lorascelsi8102
    @lorascelsi8102 Před 9 měsíci

    ❤ Too cool. History matters.

  • @lorascelsi8102
    @lorascelsi8102 Před 9 měsíci

    ❤ Beautiful

  • @jtechsource1881
    @jtechsource1881 Před 9 měsíci

    i make 1k trading stocks in two hours a day buying an apartment to rent for 30$ does seem like a smart idea

  • @drmarco66
    @drmarco66 Před 9 měsíci

    What advice do you have for someone new getting their license and starting in SF? Do you offer mentorship?

    • @AndresRestrepoSFRealEstate
      @AndresRestrepoSFRealEstate Před 9 měsíci

      My advice is be ready to grind hard for the first 5 years. It takes time to build a consistent business. Spend a lot of time learning.

  • @djboogieboy
    @djboogieboy Před 9 měsíci

    👍

  • @markeflexx
    @markeflexx Před 10 měsíci

    Btw Andres, are you open for potential collab 😍❤? I'd love to work with you ❤

  • @mikevelasquez5307
    @mikevelasquez5307 Před 10 měsíci

    When did you start real estate? what did you do before?

  • @markeflexx
    @markeflexx Před 10 měsíci

    Nice Video👍

    • @AndresRestrepoSFRealEstate
      @AndresRestrepoSFRealEstate Před 10 měsíci

      Thanks

    • @markeflexx
      @markeflexx Před 10 měsíci

      @@AndresRestrepoSFRealEstate keep creating contents❤️👍. Your Viewer here from India,❤️🇮🇳...

  • @Thomas63r2
    @Thomas63r2 Před 10 měsíci

    Its a nice unit (listing from 2022), but its a major feces show once you leave the building. No parking and all the local shops are closing - no thanks!

    • @josephsmrc8588
      @josephsmrc8588 Před 9 měsíci

      bro said no parking lmfao its the mission why do u need a car

    • @Thomas63r2
      @Thomas63r2 Před 9 měsíci

      @@josephsmrc8588To escape from the street crazies. Hey, I'm okay if you want to live there.

  • @warrenpeece1726
    @warrenpeece1726 Před 10 měsíci

    SF is not expensive, it is priced exactly right to balance supply and demand. People buy houses or rent in SF because they CAN afford it, not because they can't!

    • @AndresRestrepoSFRealEstate
      @AndresRestrepoSFRealEstate Před 10 měsíci

      I agree with everything you just said. I’m also aware of the purchasing power of the same dollar in different States and abroad. When we look at it like that it’s an expensive city in relation to what could be acquired for the same money in a place with equal or greater quality of life.

    • @ndorobei4391
      @ndorobei4391 Před 2 měsíci

      Unfortunately, many people can't afford it. 😢😢

  • @joshua-nf3rx
    @joshua-nf3rx Před 10 měsíci

    Is the last apartment the building next to lettera hotel? If so that’s a great block , apartment looks great

  • @joshua-nf3rx
    @joshua-nf3rx Před 10 měsíci

    These rent prices are more expensive than plenty of places in USA I spend half the year in Medellin . In 2 years pricing has went up 30%

    • @AndresRestrepoSFRealEstate
      @AndresRestrepoSFRealEstate Před 10 měsíci

      You gotta pay to play

    • @joshua-nf3rx
      @joshua-nf3rx Před 10 měsíci

      @@AndresRestrepoSFRealEstate I live in nyc, I have no problem “pay to play”. We will see how it plays out over the next few years

  • @quinnn05
    @quinnn05 Před 11 měsíci

    3 words, I need it

  • @oscarmadison8530
    @oscarmadison8530 Před 11 měsíci

    It's a nice place but expensive as all get out. Great accompanying music What's the name of the song?

  • @Gangstabob716
    @Gangstabob716 Před 11 měsíci

    Thats actually a fantastic price for such a large living space. San Francisco is finally affordable

    • @Alejandrodorango
      @Alejandrodorango Před 9 měsíci

      Are you high

    • @Gangstabob716
      @Gangstabob716 Před 9 měsíci

      @@Alejandrodorango What makes you say that?

    • @Alejandrodorango
      @Alejandrodorango Před 9 měsíci

      dude read your sentence San fransico is not affordable at all, you can get like 2 story house for that price in other major cities like houston.@@Gangstabob716

    • @Myiaam
      @Myiaam Před 8 měsíci

      700 000 is affordable ? 😂😂

    • @Gangstabob716
      @Gangstabob716 Před 8 měsíci

      @@Myiaam Yes of course, especially at this interest rate. And you're forgetting that its a fairly large condo. $750K is practically a steal.