Hmmm….$354,000 Over Asking in a Down Market?
Is that correct? Let’s see, sales price $1,553,000, minus list price $1,199,000 equals $354,000. Is that right? Hmmm. Day offer received 9/28/07 minus list date 9/12/07 equals 16 days on the market. Is that right? It can’t be. We just said volume is down 41%. Ohhhh. We get it. We’re just being led astray that the San Francisco market has tanked, when in fact, it has NOT! Don’t believe what you’re reading. Cooled, yes. Tanked, no. Go ahead and put that on the Craigslist Housing forums,“Planet of Slums”.
135-137 Cole in Park North. Two units, both vacant, both needing some love, and both flying off the shelf in unison.
Say it with us now. The market is still good. The market is still good. The market is still good. Eventually, it might sink in.
–What’s going on $500,000-$700,000 [theFrontSteps]
–God Save the Queens of the Craigslist Housing Forum [theFrontSteps]
–135-137 Cole [mls]