Woodlands Market Opens At Lumina

      

Woodlands Market, one of the Bay Area’s best independent grocery stores, has a new location at Lumina in the Transbay/Rincon Hill neighborhood. Located at the corner of FOLSOM AND MAIN STREETS in one of the iconic highrise’s retail spaces, the store is a much needed convenience to the ever-evolving neighborhood and especially to the residents at Lumina, now 85% sold. The store is delighted to be an anchor retailer and the first full-service grocery store in the area, committed to the neighborhood’s growth. For over thirty years Woodland Markets have sold natural and sustainable products from local suppliers, offering a large selection of fresh produce, meat, and seafood, along with a variety of prepared foods. The new location at Lumina is approximately 9,500-square-feet, and has a coffee bar  with in-house juices, and fresh bread made daily. LUMINA residents were invited to a sneak peek preview of the new market recently.

 

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A Sellers Market in San Francisco

 

How long can the residential real estate market go on like this? We are about two years into a national trend of dropping housing supply and increasing median sales prices. There are some regional variations to the story, but the shift to a predominantly seller’s market is mostly complete. According to a recent report by the San Francisco Association of Realtors, the median sales price for condos increased last month to $1,065,000 in district 9 – that’s an increase of 12.1% over last year. Multiple-offer situations are now commonplace, as good homes routinely go for over asking price and are off the market in a single day. In July  50% of all condominiums in District 9 sold over list price. It is evident that a favorable San Francisco economy keeps buyers in the chase. If you are curious about your home’s current market value, contact me and I will do a market analysis.