Category: Condominium

Views from the 5*th Floor of One Rincon Hill

We took you to this very floor a long, long time ago before it had walls (right after an earthquake mind you), and we took you there again just recently. This time, we’re bringing you a taste of what life will be like on top and from a North East corner unit…at night…and guess what? … Continue reading Views from the 5*th Floor of One Rincon Hill

a little sale in a BIG development (Symphony Towers)

Lest you think we focus exclusively on the high end of the spectrum, we thought you’d like to know about the low end (in price, not quality…size doesn’t matter either, right?) An itsy bitsy studio at the Symphony Towers recently closed escrow for a reported price of $349,000 (asking $399,000).

Stats & Numbers: Condo Sales March ’07 vs. March ’08

From Garrett: District Map (PDF) Condominiums District 1 Mar-07 Mar-08 Number of Sales 13 9 Median Selling Price 889,000 980,000 Average DOM 24 58 District 2 Mar-07 Mar-08 Number of Sales 4 3 Median Selling Price 895,000 766,000 Average DOM 16 73 District 3 Mar-07 Mar-08 Number of Sales 3 0 Median Selling Price 475,000 … Continue reading Stats & Numbers: Condo Sales March ’07 vs. March ’08

A failed flip at One Rincon Hill, and what we know about high rise “resales”

Truth be told, I recently had a client in contract to “take over” a unit above the 50th floor at One Rincon Hill from a “seller” that had purchased their unit via the sales office on the very first night said sales office opened. Yes, that means it was an attempted “flip”, a “cancellation”, a … Continue reading A failed flip at One Rincon Hill, and what we know about high rise “resales”

2956 Webster: 8 Offers, 4 Cash, 1 Winner, 7 Losers

From sfnewsletter: We’re really trying to stop publishing these things, but they just keep coming up. This week we have 2956 Webster in the oh so popular Cow Hollow District. This is a 2 bed, 2 bath condominium that was asking $1,279,000 was absolutely swarmed, received eight (yes 8 ) offers, four of them all … Continue reading 2956 Webster: 8 Offers, 4 Cash, 1 Winner, 7 Losers

Ask Us: Converting from Condo to Duplex or Single Family

Where readers ask and we try to answer: Looking to understand how to change a 2 unit condo (1 building, 2 separate addresses, 1 owner) to a duplex or single family residence. How this happened: We bought the upstairs, and when the bottom unit became available we bought the bottom unit. Problem: Now deemed “unwarrantable” … Continue reading Ask Us: Converting from Condo to Duplex or Single Family

Nothing special, just two days on market and almost gone (1914 Filbert #C)

You must be kidding! Two days on the market and already in contract? 1914 Filbert #C asking $1,395,000. Yours truly tried to sell the middle unit of this building about three years ago, and at that time there were age restrictions on the property (if memory serves correctly). Not sure if they’ve been lifted, but … Continue reading Nothing special, just two days on market and almost gone (1914 Filbert #C)

Is Millennium Tower setting records?

Right when we’re about to fill you all in as to some records the Millennium might be setting (we’re talking price per square foot of an empty shell sold), the Chronicle goes and scoops us (at least we know they’re working). Not to fear, if you’ve been reading theFrontSteps for a while you would have … Continue reading Is Millennium Tower setting records?

It’s a pocket listing kind of post

If you, or anyone you know, are interested in any of the following, please contact us: -Lake Street SFR 6 bed, 3.5 Bath, 2 car parking $2.6M -Russian Hill Condo on Polk St. 2 bed, 1 bath, no parking $995k -South Beach Condo (88 King), 3 bed, 2.5 bath, pano view, 1 car parking, $2M … Continue reading It’s a pocket listing kind of post

SOMA New Developments on one (well two) cool maps and a lesson on foreign buyers

Today we take (with permission of course) from Malcolm Kaufman’s recent Pulse of the Market (Pulse 57 View from Abroad), and bring you some great maps on the recent and upcoming SOMA Developments as well as a lesson on foreign buyers and their buying potential: — Malcolm also brings us some great insight on the … Continue reading SOMA New Developments on one (well two) cool maps and a lesson on foreign buyers

Condo Lottery is a wrap, who missed out? You did? Oh, and you? and you, and you, and you, and you…make it stop!

As many of you already know, and possibly experienced firsthand, the city’s condo conversion lottery just wrapped up. Although we’d like to think there are many happy people on the winning list, we have to assume being there is bitter sweet. And not being there is just plain wrong. …and to Mr. Ted Gullicksen of … Continue reading Condo Lottery is a wrap, who missed out? You did? Oh, and you? and you, and you, and you, and you…make it stop!

Hayes Valley 3 bed, 2 bath Pocket Listing

Debate it all you want, it’s going to continue to happen, and as long as they (the good pocket listings actually in San Francisco ;-) ) keep coming our way, we’ll keep posting them for you. — Hayes Valley 3/2 for $929,000 on Gough at Grove. Now Realtors, if you’d join sfnewsletter, we’d post your … Continue reading Hayes Valley 3 bed, 2 bath Pocket Listing

Look past the furniture and focus on the sale (1700 Jones #4)

Being real estate professionals, it is our duty to look past the clutter and furniture and find the value in each property. We had a little trouble getting past the ottoman, sofa, chairs, and dining room wall coverings of 1700 Jones #4, but apparently the buyers saw something we didn’t. This is a 2 bed, … Continue reading Look past the furniture and focus on the sale (1700 Jones #4)

Stats & Numbers: Condo Sales 12/06-12/07

From Garrett: District Map (PDF) Condominiums       District 1 Dec-06 Dec-07 Number of Sales 17 6 Median Selling Price 809,000 862,500 Average DOM 44 49       District 2 Dec-06 Dec-07 Number of Sales 1 0 Median Selling Price 107,328   Average DOM 39         District 3 Dec-06 Dec-07 … Continue reading Stats & Numbers: Condo Sales 12/06-12/07

Chelsea Park coming, this time with pricing

As we reported not too long ago, Chelsea Park, a new development located in Mission Dolores at 3620 19th Street and 29 Oakwood is coming soon…as in this weekend. We’re happy to tell you, we have a tiny bit more information for you. [Bloomsbury floor plan pictured. Image courtesy of chelseaparksf.com] Of the 39 units … Continue reading Chelsea Park coming, this time with pricing