The San Francisco Real Estate Market in 2015


Architecture, views, probates, penthouses, lofts, TICs, luxury homes, mortgage rates, sales prices, market cycles, and everything else we could think of in a look back on 2015. A neighborhood map of San Francisco is included at the bottom of this report for your convenience.

San Francisco | December 2015 Real Estate Market Update


San Francisco Real Estate Report, December 2015 Market Update. – Heading into the Holiday Slowdown after an Interesting Autumn Market – Median home prices, over-bidding, housing affordability, luxury home sales, the new-home construction pipeline, and comparing the Shanghai and S&P 500 stock indices ———————————————————— Median sales prices in October and November jumped back up to … Continue reading San Francisco | December 2015 Real Estate Market Update

Pacific Heights Condo Goes 11% Under | Elevator Ensures Minimal Neighbor Contact


Last week it was this Bernal Heights home that went 20% under asking, thus claiming the podium position. The winner this week is an ultra-deluxe condo in one of the most sought-after neighborhoods on the “North End” of town, Pacific Heights. This home at 2955 Pacific has views, a deck, a formal dining room perfect … Continue reading Pacific Heights Condo Goes 11% Under | Elevator Ensures Minimal Neighbor Contact

Top 10 Underbids | Would You Believe 20% UNDER Asking In Bernal?


The market is cooler…no doubt.. Is it seasonal, or longer term? Time will tell. As you saw last week, Overbids are still rampant, but more and more emails are coming to me, “Still Available”, “Offers as they come”, “Motivated Seller”, etc. Could we be approaching the year of the buyer? Out of the 10 Underbids … Continue reading Top 10 Underbids | Would You Believe 20% UNDER Asking In Bernal?

Luxury Home Segment Cools | “Affordable” Homes Market Remains Competitive


In case you don’t get sfnewsletter (I posted this there), here is our November 2015 San Francisco Real Estate Market Report, including 11 Custom Charts: ———————————————————— San Francisco led the Bay Area and the nation when its real estate recovery began in early 2012. Within the city itself, the more affluent neighborhoods led the rebound … Continue reading Luxury Home Segment Cools | “Affordable” Homes Market Remains Competitive

Mission To Millennium | SF’s Top 10 Underbids of the Week


The top underbid of the week goes to an Outer Mission single family home that (dare we say) needs a bit of work. Listed for $699,000 and sold for $575,000 after 62 days on the market. According to our data from last week, single family homes continue to take up the majority of the top … Continue reading Mission To Millennium | SF’s Top 10 Underbids of the Week

August Case-Shiller Index | San Francisco Bay Area


The new S&P Case-Shiller Index for August was just released on Tuesday. The prices for homes in the upper third of prices – which dominate in most of San Francisco, central and southern Marin, and central Contra Costa – ticked down a tiny bit in summer, exactly as they did last summer. These short-term fluctuations … Continue reading August Case-Shiller Index | San Francisco Bay Area

For Sale | 1177 California #304 | Gramercy Towers | Nob Hill, San Francisco


This exquisitely remodeled luxury Nob Hill condominium with views West/Southwest to Twin Peaks & outlooks onto Jones Street, located in the heart-center of San Francisco’s premiere postcard neighborhood is for sale, and you get the first look. Featuring one bedroom, one bath, one car parking, 24/7 attended lobby, pool, spa, workout area, onsite management, a … Continue reading For Sale | 1177 California #304 | Gramercy Towers | Nob Hill, San Francisco

The Spread Of Million Dollar Homes In San Francisco


Check out this interactive map of the spread of million dollar (or more) single family home listings in San Francisco since March 2010: [Source: Trulia] I’m not sure I like this…

The San Francisco Real Estate Market Report | October 2015


Home-Buying vs. Gold & Apple Stock – as an Investment, Median Home Price Appreciation & Neighborhood Values, the City’s Most Expensive Condo Buildings…it’s all below. Read on dear Reader, read on! The autumn selling season started with a large surge of new listings right after Labor Day, but it will be another month or so … Continue reading The San Francisco Real Estate Market Report | October 2015

A Look Inside The 2015 San Francisco Decorator Showcase


If you’re like most people who either didn’t get an invite, or don’t have the time to go check out the 2015 Decorator Showcase Home located at 3630 Jackson, don’t fret. One of my favorite photographers, Rob Jordan, has been kind enough to share some amazing interior photos with me, so I can share with … Continue reading A Look Inside The 2015 San Francisco Decorator Showcase

San Francisco (Bay Area) Case-Shiller Index Shows Staggering Home Price Recovery And Possible Plateau


Case-Shiller Index numbers all reflect home prices as compared to the home price of January 2000, which has been designated with a value of 100. Thus, a reading of 180 signifies home prices 80% above those of January 2000. The Case-Shiller Index for the San Francisco Metro Area covers the house markets of 5 Bay … Continue reading San Francisco (Bay Area) Case-Shiller Index Shows Staggering Home Price Recovery And Possible Plateau

936 Clayton Is Officially On The Market, And I’m Officially Claiming “You Had Your Chance”


How many of you remember this photo I shared not too long ago? Every hand in the room goes up. How many of you remember the post that went along with it, trying to give YOU first (actually second) dibs on getting this property, and having a say in final finishes and details? Every hand … Continue reading 936 Clayton Is Officially On The Market, And I’m Officially Claiming “You Had Your Chance”

Who Is Tom Perkins And WTF Does He Have To Do With Us


Our recent scoop on the sale of both Grand Penthomes at the Millennium Tower (one that sold to mega millionaire venture capitalist Tom Perkins) has been getting quite a bit of press lately, and oddly enough we received this email today: This is all great [referring to the sale of a ~$9,000,000 condo] I suppose, … Continue reading Who Is Tom Perkins And WTF Does He Have To Do With Us

Both Millennium Tower’s Grand Penthomes Are Sold, Thanks To A Yacht


In news of the top of the world today, we’ve been told both Grand Penthouse Residents on top of Millennium Tower have now been sold (ink is dry, it’s a done deal). Grand Penthouse A (GPHA), which is on the Northwest corner of the building with a nice big patio, closed escrow recently (somewhere around … Continue reading Both Millennium Tower’s Grand Penthomes Are Sold, Thanks To A Yacht

394 Frederick, Before, After, Here And Gone (In Contract After 7 Days): $2,399,000


True, the market tanked. True, average home prices have come down in San Francisco. True, even A+ areas like Noe Valley and Pacific Heights have felt the pinch. False, it is death doom and destruction everywhere. Case in point, 394 Frederick St @ Belvedere in Cole Valley, is an awesome 4 bed, 4 bath, 3173 … Continue reading 394 Frederick, Before, After, Here And Gone (In Contract After 7 Days): $2,399,000