Being that it is the middle of summer, we’re curious to see what kind of replies we get to this post, but we hope the Stammtisch can come through nonetheless. If they can’t…readers!?
“Hi,
Over the past few weeks I’ve been seeing a Realtor post on Craig’s List that Bernal Heights is “on Fuego”. For those who’s Spanish isn’t up to par, that means “On fire” :-)
Anyhow, I thought to myself what is this person talking about? Especially after seeing that house at 463 Nevada (picture below) go well under asking.
But then I started seeing a trend with several homes selling for more than $100-150K over asking and even one for 200K over asking at 661 Moultrie (picture below).
Moultrie never even had a Sunday open house prior to going into contract. And from the pics it looked like a very run of the mill house in an okay part of Bernal. It essentially went for 300K more than the Nevada house and didn’t seem to have much more to offer, at least not for that price. What gives?”
Great question! Perhaps it was the purple kitchen?
–661 Moultrie [MLS]
–463 Nevada [MLS]
–463 Nevada in Bernal on $950k, out $775k, yes, that’s under asking [theFrontSteps]