San Francisco’s Top 10 Real Estate Overbids Of The Week

Just when I go ahead and claim “SF Real Estate Market Cools (sort of)“, out comes the week’s latest and greatest Top 10 Overbids:

Address BR/BA/Units DOM List Price Sold Price Overbid
714 Kansas St 3/2.00/N/A 17 $849,000 $1,750,000 106.12%
2215 California St 2/1.50/N/A 28 $1,249,000 $1,861,000 49.00%
615 Ellsworth 2/2.00/N/A 22 $749,000 $1,100,000 46.86%
2412 Funston Ave 2/1.00/ 15 $749,000 $1,085,000 44.86%
426 8th Ave 2/1.00/N/A 17 $849,000 $1,200,000 41.34%
2856 Scott St 1/1.00/3 8 $989,000 $1,333,000 34.78%
8 Mateo St 3/2.50/N/A 42 $1,095,000 $1,462,500 33.56%
1271 26th Ave 3/2.50/N/A 28 $899,000 $1,200,000 33.48%
1770 10th Ave 4/3.00/N/A 12 $1,595,000 $2,125,000 33.23%
1430 23rd Ave 3/2.50/N/A 23 $898,000 $1,190,000 32.52%

For a complete list of recent sales in your area, get The Goods, and get educated. Wondering if any properties sell UNDER asking? They do. Here are the Top 20 Underbids. And if 10 Overbids aren’t enough to spark great dinner conversation (maybe a little gambling), have a look at the Top 20 Overbids.

I probably won’t do any blogging next week, so have a great Thanksgiving everyone!

SF Real Estate Market Cools (Sort OF) – sfnewsletter 11/14/14

sfn_logo2I published another edition of sfnewsletter, chock full of market data, and great info like this:

“The San Francisco market definitely cooled after the overheated feeding frenzy of the first half of the year. The competition between buyers for new listings declined to more rational levels: Homes that might have received 5 to 10 offers earlier in the year received 1 or 2 or 3…”

It also includes a link to: Top 20 Overbids; Top 20 Underbids; Stalefish (Properties on the market 30+ days); Recent Sales; and of course New Listings. It’s a perfect way to keep an eye on the market in your area, as well as a great resource for all of you buyers out there. You can access the entire sfnewsletter by following this link. To have each new issue sent directly to you, just sign up to receive it via sfnewsletter.com.

For you Realtors out there wishing you could send The Goods to your clients, you can. Just contact me and I’ll get you set up.

Have a great weekend, and happy house hunting!

San Francisco’s Top 10 Real Estate Overbids This Week

…and because I know you love ‘em:
Top 10 Overbids Of the Week

Address BR/BA/Units DOM List Price Sold Price Overbid
344 Prentiss St 2/1.00/N/A 12 $899,000 $1,330,000 47.94%
131 San Pablo Ave 4/2.50/N/A 20 $1,995,000 $2,850,000 42.86%
311 Jersey St 2/1.00/N/A 11 $1,175,000 $1,670,000 42.13%
43 Ruth St 3/1.00/N/A 8 $388,000 $550,000 41.75%
122 Farallones St 2/1.00/N/A 13 $499,000 $700,000 40.28%
2200 Sacramento St 2/2.00/603 15 $899,000 $1,255,000 39.60%
1727 Grove 2/2.00/ 19 $899,000 $1,230,000 36.82%
106 Wool St 3/2.00/N/A 25 $1,149,000 $1,565,000 36.21%
3333 Clay St 1/1.00/3 12 $899,000 $1,200,000 33.48%
71 Cotter St 2/1.50/N/A 13 $875,000 $1,150,000 31.43%

Go deeper, and check out the Top 20 Underbids.

Some Recent Sales & New Listings For San Francisco

Address BR/BA/Units DOM List Price Sold Price
250 King St 1/1.00/882 50 $649,000 $649,000
95 McCoppin St 1/1.00/E401 26 $585,000 $685,000
150 Randall St 3/2.00/N/A 32 $1,599,000 $1,579,000
1258 York St 3/2.50/ 32 $1,479,000 $1,500,000
949 Vienna St 2/2.00/N/A 31 $599,000 $720,000
344 Hermann St 2/1.00/ 14 $925,000 $1,215,000
818 Van Ness Ave 1/1.00/503 25 $699,000 $800,000
62 Buena Vista Ter 2/1.00/ 10 $1,295,000 $1,500,000
5 Dolores Ter 3/2.00/N/A 63 $1,400,000 $1,410,000
2625 Noriega St 3/2.00/N/A 17 $799,000 $810,000

Find the complete list of brand new listings & sales for San Francisco here, which is delivered to you via sfnewsletter.com.

Sold | Off Market In Cole Valley – 1242 Cole

giants_world_series Giants win the World Series, yet again, it’s Halloween, and my clients just stole this amazing condominium in the heart center of Cole Valley! The essence of what we just witnessed in the World Series is not much different from the Real Estate game in San Francisco. It takes a great team, strategy, timing, focus, and of course a little luck to win. I’m happy to say all the elements came together for my buyers and we knocked this purchase out of the park on the first pitch. My clients knew it was a great opportunity, took my advice, didn’t hesitate, and scored! Congratulations Elizabeth and Andrew. Ya done good.

Not only is October great for baseball, Halloween, and our Indian Summers, but this October has been my most memorable month of this year. With 6 deals closing this month, this one in Cole Valley was the icing on the cake. I have another deal in contract in Cole Valley, and know of a couple great listings off market and coming soon, so don’t be a stranger if you’re looking in Cole Valley for a home.

This score proves that there are opportunities out there without overpaying, but you have to be aggressive and know where to look.

An average condominium in Cole Valley sells for $941 per square foot, according to my third quarter report, and we grabbed this sweet 3-bedroom, 1 bath home with parking, yard, amazing period details, an awesome kitchen, some rugs, and some great furniture at $886 per square foot before it hit the market at $1,300,000.

For you buyers out there, it’s a crazy market, but don’t get discouraged. You can win.

Alex Clark
Paragon Real Estate Group
415-254-5351
alexclark@gmail.com

Happy Halloween! Giants Baby! Pray for Snow!

Representing Buyers & Sellers Of Residential Real Estate In San Francisco, Marin, & Palo Alto – Follow/Connect @theFrontSteps

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