Oceanview Terrace Property Values First Quarter 2016

By:
Eric Castongia, CRS
Residential Sales Specialist

Oceanview Terrace continues to increase in value

427491-24_0 Oceanview Village continues to be a highly desirable place that buyers want to live; the one bedrooms come up most often and are the most affordable. Convenience, proximity to BART, and the exceptional value is recognized by consistent overbidding.

 

 

In the first quarter, we saw:

Four sold properties; all were one bedroom units

Overbids ranged from $22,000 – $61,000

Supply is still limited; there are only two active listings-both two bedrooms

Values since last quarter have remained constant-this seems to be typical for the whole SF market