theFrontSteps – San Francisco

Twenty-nine fifty Broadway sold “off market” last month for $35,000,000. [Photo Source: SocketSite] As reported on SocketSite today: “Hidden behind non-disclosure agreements and tax records stamped “DO NOT FILM,” you’re not supposed to know about the sale of 2950 Broadway which was purchased for $29,500,000 in 2011, remodeled a little last year, and very quietly [...]

A quick look at all of the million dollar plus sales (142 of them) in San Francisco in the last month for properties that closed escrow between 8/19 and 9/19/2012. [Please note: Clicking an image below will not take you to that property's details page, simply a bigger photo. To see details, hover over photo, [...]

Perhaps you remember my attempt (for a client) to secure 137-139 Corbett? If you had forgotten, it doesn’t really matter. The property was listed at $799,000, we offered $932,000, they received over 30 offers (many of them all cash). The dust has settled and the final sales price has been revealed…a staggering $429,000 over asking! [...]

The latest and greatest sales data for San Francisco Real Estate: sfnewsletter/MarketTracker sales information and data is a bi-weekly publication I provide via email. As much as I try to repost it here each week, sometimes time does not allow. Please shoot me an email if you or anyone you know would like to be [...]

It’s big news for the Billionaires on Broadway. We have it on good intel that 2701 Broadway, a little house on the hill just down the street from the likes of the Gettys, Trainas, and Ellisons of the world (and let’s not forget a Monster of Rock), has found a buyer ponying up an undisclosed [...]

When the bottom falls, it falls hard. By way of unplugged Flujster, we learn our new favorite house becomes our new favorite comp. Three thirteen Duncan, a stunningly remodeled contemporary 5 bed, 5.5 bath home in Noe Valley closes escrow for a reported $2,400,000…down slightly from the original $2,850,000 asking price. Looking on the bright [...]

They asked $3,745,000 and they got….? We’ll just never know. It’s another one of those deals that closed with an asterisk (meaning sales price not disclosed). Something tells us it was close to that. It only spent 8 days on the market. – In case you’re wondering what’s all the fuss, here are the marketing [...]

Just a bit busy, so this from today’s sfnewsletter: “Hi Alex, I just heard a rumor that 9W at 2190 Broadway asked for $3.45M and closed for $5M. An overbid of 43%?” Rumor mill says…TRUE! Also true: that puts the price per square foot of this condo that “needs updating” at $1,562.50; HOA dues are [...]

Recently we had someone ask if we could “provide a bit of color on 153 Avila”, a contemporary 3 bed, 2.5 bath, single family home in the Marina asking $2,695,000, and as a matter of fact, we can provide some “color”. It sold after 14 days on the market for $2,975,000 (10.4% over asking) or [...]

Oh it’s just so awful when a property sells for under asking.  The world of San Francisco real estate has certainly come to an end when we start to see this.  We can all pack our things and head for more affordable, greener pastures.  That is, of course, unless you love yourself some loft! After [...]