The most recent top 10 overbids in San Francisco Real Estate. Hope you all had a great Thanksgiving! If you’re selling and getting out of dodge, you have much for which to be thankful.
| Address |
BR/BA/Units |
DOM |
List Price |
Sold Price |
Overbid |
|
|---|---|---|---|---|---|
| 22 Flora | 3/2.00/N/A | 19 | $299,888 | $500,000 | 66.73% |
| 306 Guerrero St 308 | 2-4 Units | 18 | $849,000 | $1,300,000 | 53.12% |
| 1032 Castro St | 3/2.00/N/A | 35 | $959,000 | $1,340,000 | 39.73% |
| 3303 Folsom St | 2/2.50/N/A | 6 | $1,095,000 | $1,510,000 | 37.90% |
| 1001 Ashbury St | 2/1.00/N/A | 35 | $998,000 | $1,325,000 | 32.77% |
| 2341 Cecilia Ave | 2/2.00/N/A | 17 | $799,000 | $1,050,000 | 31.41% |
| 19 Delano Ave | 3/1.50/N/A | 11 | $789,000 | $1,033,000 | 30.93% |
| 76 Ramona Ave | 2/1.00/ | 8 | $898,999 | $1,168,000 | 29.92% |
| 3311 Jackson St | 3/2.50/N/A | 15 | $2,880,000 | $3,701,000 | 28.51% |
| 1156 Florida St | 3/2.00/N/A | 72 | $995,000 | $1,275,000 | 28.14% |
Overbids is a great sign of housing market hotting up again. The only reason people overbid is because there are more than one buyers. These are really monstrous overbids. Maybe the tactic of putting the property at low price and drawing large interest paid off.