In the heart of San Francisco, the real estate market at 1101 Green St has been a topic of interest for both potential homeowners and real estate analysts. There have been no sales in 2023, so let's jump back to 2022 which saw a series of transactions that provide insight into the current state and trends of this prime real estate location.

A Snapshot of 2022 Sales

Throughout 2022, a total of five properties were sold at 1101 Green St, each offering unique insights into the market dynamics. Here's a brief overview:

1. A Cozy Start: The year began with the sale of a 1-bedroom, 2-bathroom unit (1101 Green St #603), fetching $1,350,000 on January 7. This sale, which took 27 days to close, set a high benchmark with a price per square foot of $1,470.59.
2. Following Suit: Shortly after, another 1-bedroom, 1-bathroom unit (1101 Green St #1404) was sold for $1,405,000 on January 12. Despite its similar size, this unit commanded a higher price per square foot of $1,559.38, indicating a robust demand for such properties.
3. Spring Sale: As spring set in, a 907-square-foot unit (1101 Green St #404) with 1 bedroom and 1 bathroom was sold for $1,110,000 on April 25. This sale took a bit longer, with 59 days on the market, and achieved a price per square foot of $1,223.81.
4. Late Summer Activity: The market saw a slight dip with the sale of 1101 Green St #702, a 920-square-foot, 1-bedroom, 1-bathroom unit. Sold on September 6 for $1,050,000, it remained on the market for 87 days, fetching $1,141.30 per square foot.
5. Closing the Year: The final sale of the year occurred on September 28, with a unit (1101 Green St #203) selling for $838,000 after 14 days on the market. The details of its size were not specified, marking it as the most affordable sale of the year.

Market Analysis

The average sold price for these properties was approximately $1,150,600, with an average price per square foot of $1,348.77. These figures reflect a robust and competitive market, with a notable range in pricing and days on the market. The higher price per square foot for smaller units suggests a premium on space efficiency and location.

Conclusion

The 2022 sales data from 1101 Green St in San Francisco paints a picture of a vibrant and dynamic real estate market. With its desirable location and varied pricing, this area continues to attract a diverse range of buyers. The trends observed in 2022 will be crucial for predicting the future trajectory of this sought-after real estate hotspot.

If you're looking to buy or sell in the building, text me.

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