The major problem with all automated home estimate sites is they are limited to the data on hand. Typically, that includes only square footage, number of beds and baths, recent sales prices and assessor tax values. What is not included are location nuances such as is the property on a quiet street or next to a main thoroughfare. Did the owners remove that cheap carpeting and replace it with hardwood floors? Were the appliances replaced with high-end hardware? Granite countertops or tile?

1. The Real Estate Report
Home estimate sites are a dime a dozen. The
problem with all internet home estimate sites is
they are limited by the quality of their algorithm and
the data used.
Most of them use county sales records, while some
of them add in Multiple Listing data. If you’re in a
non-disclosure state, well, you are out of luck.
The major problem with all automated home
estimate sites is they are limited to the data on
hand. Typically, that includes only square footage,
number of beds and baths, recent sales prices and
assessor tax values.
What is not included are location nuances such as
is the property on a quiet street or next to a main
thoroughfare. Did the owners remove that cheap
carpeting and replace it with hardwood floors?
Were the appliances replaced with high-end
hardware? Granite countertops or tile?
The list goes on.
There are three ways to get an accurate estimate
of your homes worth.
Hire an appraiser. That costs money and they will
be conservative.
Have a local REALTOR® come by to look at your
property. A local REALTOR® will be familiar with
your community, what’s sold, the condition of the
property, what’s for sale and how desirable the
property and community are in today’s market.
The third way is to do it yourself. You’ve probably
lived in the neighborhood for years and visited with
your neighbors so you know what has been done
to the homes. Plus, with our Recent Sales &
Listings module, available on our on-line Market
Trends Report, you can keep track of the activity
going on in your neighborhood.
You can access that tool at:
http://rereport.com/sf/aw/
Remember, in the final analysis, your home is
worth what you and a ready, willing and able buyer
decide it’s worth.
REALTOR® Magazine has an article about home
valuation sites and lists six of the most popular.
http://tinyurl.com/h6r65ou
Hill & Company
1880 Lombard Street
San, Francisco 94123
Fax: (415) 202-1686
Cell: (415) 819-2663
AnnieWilliamsSF@gmail.com
http://www.anniewilliamshomes.com
DRE #01393923
Annie Williams
Annie Williams | Fax: (415) 202-1686 | AnnieWilliamsSF@gmail.com
How Much is Your Home Worth?
_____________________
VISIT
http://rereport.com/sf/aw/
for a free on-line market analysis
of your property. You can also
perform your own personal
search of properties for sale.
Local Market Trends August/September 2016San Francisco
Jul 16 Jun 16 Jul 15
Home Sales: 196 231 236
Median Price: 1,362,500$ 1,360,000$ 1,280,000$
Average Price: 1,744,082$ 1,794,939$ 1,657,986$
SP/LP: 106.8% 105.8% 113.2%
Days on Market: 32 28 25
Jul 16 Jun 16 Jul 15
Condo Sales: 245 257 272
Median Price: 1,045,000$ 1,180,000$ 1,033,509$
Average Price: 1,204,372$ 1,223,710$ 1,214,478$
SP/LP: 103.3% 104.8% 107.8%
Days on Market: 39 35 29
(Lofts/Tow nhomes/TIC)
Trends at a Glance
(Single-family Homes)
-25.0
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-15.0
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M M J
San Francisco Homes: Sales Momentum
Sales Pricing © 2016 rereport.com

2. MORTGAGE RATES: DOWN TODAY, UP TOMORROW
August 5, 2016 -- As financial markets begin to look
past the disappointing second quarter GDP report, the
focus turns from history (the second quarter ended
weeks ago) to more current data. Is there economic
acceleration? Has the Brexit vote seriously derailed
activity? What combination of data might make the Fed
move in September... or stay pat again?
The Brexit vote's disruption prompted at least one
central bank into action, as the Bank of England both
chopped its primary lending rate in half (to 0.25 per-
cent), re-started a sovereign-bond buying program last
operated in 2012 and will even begin to buy certain
private corporate bonds, all in an effort to try to ward
off concerns about weakening economic conditions as
a result of the vote to leave the European Union. Al-
though data of such weakening to date is scant, meas-
ures of consumer and business moods have turned
decidedly darker, perhaps presaging troubles to come.
On this side of the pond? Things are pretty good and
may get even better. This provides a counterbalance to
the actions in the U.K., and while mortgage rates had
been easing a bit this week, we seem poised to retrace
those steps next week.
HSH.com's broad-market mortgage tracker -- our
weekly Fixed-Rate Mortgage Indicator (FRMI) -- found
that the overall average rate for 30-year fixed-rate
mortgages decreased by five basis points to fall back
to 3.55 percent. The FRMI's 15-year companion also
fell by five basis points, slipping down to an average
rate of 2.96 percent for the period. Popular with first-
time homebuyers, rates on fully-insured FHA-backed
30-year FRMs remain a little below their Fannie and
Freddie counterparts, but managed just a two basis
point decline this week, landing at an average rate this
week of 3.42 percent, a level seen in three of the last
four weeks. Meanwhile, the overall 5/1 Hybrid ARM
followed its overall fixed-rate counterparts perfectly this
week, easing five basis points to 2.86 percent. Mort-
gage rates have moved in a very narrow range for the
past five weeks.
Credit conditions for mortgage borrowers continued to
ease around the fringes in the second quarter. Accord-
ing to the latest Senior Loan Officer opinion survey
from the Federal Reserve, about 11.5 percent of re-
spondent banks loosened the reins for Fannie and
Freddie-eligible loans, and some eased conditions for
jumbo and non-QM borrowers as well. The report does
not detail what forms these loosening's take or which
specific lenders are making them, but our guess is that
it is merely reductions in overlays for certain borrowers
or products that is the proximate cause.
2 Local Market Trends | San Francisco |
Mortgage Rate Outlook
The chart above shows the National
monthly average for 30-year fixed rate mort-
gages as compiled by HSH.com. The aver-
age includes mortgages of all sizes, includ-
ing conforming, "expanded conform-
ing," and jumbo.
August/September 2016
3.0% 4.0% 5.0% 6.0% 7.0% 8.0%
01-08
07-08
01-09
07-09
01-10
07-10
01-11
07-11
01-12
07-12
01-13
07-13
01-14
07-14
01-15
07-15
01-16
07-16
30-Year Fixed Mortgage Rates
Unit
Median Average Sales DOM SP/LP Median Average Sales Median Average Sales
San Francisco 1,362,500$ 1,744,082$ 196 32 106.8% 6.4% 5.2% -16.9% 0.2% -2.8% -15.2%
D1: Northwest 2,275,000$ 2,137,083$ 12 26 105.1% 51.7% 23.2% -40.0% 46.8% 23.4% -29.4%
D2: Central West 1,280,000$ 1,307,425$ 35 26 116.8% 4.4% 0.4% -23.9% 6.7% 2.3% -10.3%
D3: Southwest 1,217,500$ 1,158,206$ 14 20 115.3% 35.3% 26.3% 7.7% 34.2% 19.1% -30.0%
D4: Twin Peaks 1,405,000$ 1,525,019$ 32 35 107.4% -9.6% -16.9% -13.5% -5.7% -2.0% 0.0%
D5: Central 1,950,000$ 2,168,630$ 27 34 106.7% -9.8% -3.2% -20.6% -6.0% -8.7% -32.5%
D6: Central North 1,962,000$ 1,962,000$ 2 60 107.5% -29.9% -23.0% -71.4% -30.3% -26.9% -50.0%
D7: North 4,119,500$ 6,570,445$ 12 73 95.2% -36.6% -0.8% 71.4% -36.3% 4.8% 0.0%
D8: Northeast -$ -$ 0 0 0.0% n/a n/a n/a n/a n/a n/a
D9: Central East 1,395,000$ 1,359,091$ 22 20 119.6% 11.2% -2.6% -8.3% 0.0% -12.3% -26.7%
D10: Southeast 799,000$ 863,089$ 38 31 111.9% -3.2% 4.7% -15.6% -10.2% -1.9% 11.8%
July Sales Statistics
(Single-family Homes)
Prices Yearly Change Monthly Change
0
50
100
150
200
250
300
350
$300
$500
$700
$900
$1,100
$1,300
$1,500
$1,700
$1,900
0
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San Francisco Homes: Sold Prices & Unit Sales
(3-month moving average — $000's)
Ave Med Units © 2016 rereport.com

3. Table Definitions
_______________
Median Price
The price at which 50% of prices
were higher and 50% were lower.
Average Price
Add all prices and divide by the
number of sales.
SP/LP
Sales price to list price ratio or the
price paid for the property divided
by the asking price.
DOI
Days of Inventory, or how many
days it would take to sell all the
property for sale at the current rate
of sales.
Pend
Property under contract to sell that
hasn’t closed escrow.
Inven
Number pf properties actively for
sale as of the last day of the month.
Local Market Trends | San Francisco | 3August/September 2016
Unit
Median Average Sales DOM SP/LP Median Average Sales Median Average Sales
San Francisco 1,045,000$ 1,204,372$ 245 39 103.3% 1.1% -0.8% -9.9% -11.4% -1.6% -4.7%
D1: Northwest 1,032,500$ 1,112,571$ 14 27 105.5% -7.4% -9.0% -41.7% -4.0% 2.8% -22.2%
D2: Central West 990,000$ 1,069,200$ 5 33 105.3% -14.3% 4.9% 66.7% 4.2% 13.5% 0.0%
D3: Southwest 730,000$ 711,250$ 4 29 111.3% 27.5% 24.2% 100.0% 31.8% 28.4% 100.0%
D4: Twin Peaks 662,500$ 662,500$ 2 54 104.5% -8.0% -6.0% -50.0% 4.6% 4.6% 0.0%
D5: Central 1,150,000$ 1,196,202$ 44 29 108.4% -16.7% -20.5% 25.7% -11.5% -4.5% 2.3%
D6: Central North 1,027,500$ 1,147,414$ 38 41 105.8% 0.0% 5.6% 46.2% -15.3% -2.3% 35.7%
D7: North 1,175,000$ 1,587,636$ 22 41 100.1% -0.2% 5.4% -42.1% -24.2% -1.3% -24.1%
D8: Northeast 1,105,000$ 1,505,471$ 34 35 100.0% 5.0% 27.7% -10.5% -1.1% 10.2% -5.6%
D9: Central East 950,000$ 1,089,942$ 78 47 101.3% -5.3% -2.6% -17.9% -17.9% -7.1% -7.1%
D10: Southeast 600,000$ 560,000$ 3 19 112.1% 9.1% -13.1% 0.0% -7.7% -17.2% -66.7%
July Sales Statistics
(Condos/TICs/Co-ops/Lofts)
Prices Yearly Change Monthly Change
0
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100
150
200
250
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350
$300
$500
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4
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6
M M J
San Francisco Condos: Sold Prices & Unit Sales
(3-month moving average — $000's)
Ave Med Units © 2016 rereport.com
-40.0%
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
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0
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San Francisco Homes: Year-Over-Year Median SalesPrice Change
© 2016 rereport.com
0
10
20
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40
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60
70
80
90
0
9
A J O 1
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A J O 1
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5
A J O 1
6
A J
San Francisco Homes: Days on Market
© 2016 rereport.com

4. THE REAL ESTATE REPORT
San Francisco
This Real Estate Report is published and copyrighted by http://rereport.com.
Information contained herein is deemed accurate and correct, but no warranty is implied or given.
Annie Williams
Hill & Company
1880 Lombard Street
San, Francisco 94123
Go online to see the full report with the district by district breakdown:
-50.0
-40.0
-30.0
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M M J
San Francisco Condos/Lofts: SalesMomentum
Sales Pricing © 2016 rereport.com
-30.0%
-20.0%
-10.0%
0.0%
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20.0%
30.0%
40.0%
0
9
M M J S N 1
0
M M J S N 1
1
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2
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M M J
San Francisco Condos/Lofts: Year-Over-Year Median Sales Price Change
© 2016 rereport.com