From the Outer Richmond last week, to the heart of the Sunset this week, the Western edge of San Francisco continues to take top honors on the Overbid list.
Perhaps a little less baffling than last week’s, and also a case of clearly underpricing a property, this little gem at 2724 Ortega just fetched nearly 40% more than asking ($849,000 to $1,135,000). To be perfectly honest, it sold exactly at a reasonable price, so there is not much of a story on this one, buuuttt…
Have a look at 1315 Minna, which took second fiddle, in the oh-so hip and happening Inner Mission District..definitely a kitchen suitable for Easter Brunch, or Thanksgiving Dinner.
From $999,000 to $1,328,000…. our friends around the world are collectively shaking their heads in disbelief. As for us, it’s all too familiar.
Top 10 Maximum Overbids Of the Week | San Francisco
| Address |
BR/BA/Units |
DOM |
List Price |
Sold Price |
Overbid |
|
|---|---|---|---|---|---|
| 2724 Ortega Street | 3/2.00/N/A | 14 | $849,000 | $1,135,000 | 33.69% |
| 1315 Minna Street | 2/1.00/N/A | 21 | $999,000 | $1,328,000 | 32.93% |
| 635 38th Avenue | 3/3.00/N/A | 13 | $1,495,000 | $1,915,000 | 28.09% |
| 6 Berkeley Way | 4/3.50/N/A | 15 | $1,298,000 | $1,650,000 | 27.12% |
| 3392 16th Street | 2/1.25/ | 12 | $995,000 | $1,245,000 | 25.13% |
| 73 Naples Street | 3/2.00/N/A | 12 | $749,000 | $927,000 | 23.77% |
| 1045 Church Street | 3/1.00/N/A | 19 | $1,799,000 | $2,225,000 | 23.68% |
| 1039 Treat Avenue | 2/1.00/ | 4 | $1,099,000 | $1,350,000 | 22.84% |
| 2679 43rd Avenue | 3/1.00/N/A | 9 | $749,000 | $920,000 | 22.83% |
| 1056 Cole Street | 3/1.00/ | 13 | $1,095,000 | $1,310,000 | 19.63% |
For information about any of the sales you see above, about San Francisco, or our market, have a look around the site..it’s loaded with great information. Better yet, give us a shout and we’ll get you sorted.
Have a great weekend!