One Million Dollars Over Asking. Market "Crazier Now Than In '05 And '06"
Where on Earth!? Right here, 2821-2823 Broderick, San Francisco, CA 94123.
As if $1,000,000 over asking wasn’t enough, how about a two (yes 2) day close of escrow. Still shows Pending in MLS, so look for it to close on Tuesday.
How do I know?
“A legit friend of mine offered $3.515 and didn’t get it. I don’t know exact price, heard from another friend the seller accepted $3.56 but not confirmed. Asking price was $2.495. I also tried to buy 2740 Lake St a few weeks ago, it went to an all cash buyer, 5 day close for $620k over asking. There was another house on El Camino in Sea Cliff that went like $1.2MM over asking recently. Market feels crazier now than it did in ’05 and ’06.“–A Trusted Developer Here in San Francisco
–2821-2823 Broderick, Cow Hollow 2 Unit Asking $2,495,000 [MLS]
–Google Earth Fun with 2821-2823 Broderick [Google]