When I peruse these top 10 Overbid and Underbid lists that we crank out at The Goods for all of our clients (myself included), I often sit and wonder what is more of a story:
A) The ultra modern residence at 748 Treat that clinched this week’s top Underbid spot by selling for nearly 7% below asking (not much of a story here),
B) The big ticket sale at 3876 Clay, which, although sold for under asking, still sold for $1300+ per square foot (I vividly remember the days we started seeing $1000/square foot on the radar, which now seems like a distant memory),
C) What you get for under $700,000 in San Francisco in the single family home category, or
D) How when we live in small spaces that are insanely expensive some of us are forced to store our “wine cellar” next to our shoes.
Regardless, it’s all good information, provides you some insight into the market, your neighborhood, San Francisco, and what you have to do to get your foot in our Real Estate door, or that now might be a great time for you to get out. Food for thought, on a weekly basis…
Top 10 Underbids San Francisco
| Address | BR | BA | Parking | List Price | Sold Price | Underbid |
|---|---|---|---|---|---|---|
| 748 Treat Avenue | 4 | 3.50 | 1 | $2,199,000 | $2,050,000 | -6.78 % |
| 326 Noriega Street | 4 | 3.00 | 1 | $1,475,000 | $1,400,000 | -5.08 % |
| 3876 Clay Street | 4 | 2.50 | 2 | $4,175,000 | $4,035,000 | -3.35 % |
| 2107 16th Avenue | 2 | 2.00 | 1 | $930,000 | $900,000 | -3.23 % |
| 3305 Broderick Street | 3 | 3.50 | 1 | $3,150,000 | $3,050,000 | -3.17 % |
| 68 McCoppin Street | 1 | 1.00 | 1 | $749,000 | $728,000 | -2.80 % |
| 1750 Taylor Street | 2 | 2.00 | 1 | $2,695,000 | $2,627,625 | -2.50 % |
| 8 Buchanan Street | 2 | 2.00 | 1 | $1,155,000 | $1,130,000 | -2.16 % |
| 718 Joost Avenue | 1 | 1.00 | 0 | $695,000 | $680,000 | -2.16 % |
| 355 Grove Street | 5+ unit | 5+ unit | 1 | $5,988,000 | $5,860,000 | -2.14 % |
Have a great day!