I found an example in one of the social media items they put out from time-to-time that they encourage agents to use.
When I first saw this I said to myself "this doesn't seem to fit our market in San Francisco." Myself replied: "prove it."
OK, here it is. Looking at single family home sales in district 2 (the Sunset) since 1/11/2019 there were a total of 174 closed transactions:
The average selling price for the 30 owner occupied properties was $1.476 million (19 DOM).
The average selling price for the 8 tenant occupied properties was $1.294 million.(38 DOM).
The average selling price for the 136 vacant properties was $1.695 million (20 DOM).
So for this sample, "vacant" is the clear winner with highest average sales price and virtual tie for the shortest days on market.
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