So I was recently asked the question of is paying above 2009 prices normal for San Francisco. I can tell you from experience here in San Francisco that prices vary considerably and that many different factors determine what a property sells. Some of the factors that I consider when looking at a property for determining if it has been priced correctly are the following:
• Neighborhood/Location
• Condo v. Single Family Residence
• View v. Non-view Unit
• Price Range
• Condition and if it was recently updated or built
• Number of Bedrooms
• Parking
• Amenities/Unique Attributes
Every property is different and if your realtor should be able to provide you with numbers, trends and market conditions that let you decide for yourself that the value is there. If they can't you should consider getting another realtor who can.
• Neighborhood/Location
• Condo v. Single Family Residence
• View v. Non-view Unit
• Price Range
• Condition and if it was recently updated or built
• Number of Bedrooms
• Parking
• Amenities/Unique Attributes
Every property is different and if your realtor should be able to provide you with numbers, trends and market conditions that let you decide for yourself that the value is there. If they can't you should consider getting another realtor who can.
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