Oceanview Terrace continues to increase in value
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