I just spent over an hour doing a cursory check on available listings in 12 close-in SF bay area zip codes I occasionally follow. None were in SF proper as they were all SFRs. The build dates were from 1930 to 1969 with an avg age of about 56 years old. The average SF was +/= 1550. The average list price was $575K. None had HOA or MR.

No listing came out before 4/5/13. Three were relists which were taken of the market for +/- 1 month (to ready them for sale to fetch a higher price?). Only three of about 30 listings I reviewed were short sales and they all were in the same zip code.

I saved them all and will check them again in 6-8 days. I expect them all to be gone. Two were in an urban area of a small city where all 12 public schools (Elem, middle and HS) were rated a “10” except one HS, which was rated a “9.”

Unlike SD County, it is interesting to note that buyers with young families likely gravitate to these homes because of their prestigious locations and schools. Yet they were ALL older homes with 6K to 22K lots.