To say the Richmond District single family home market is hot right now is a wee little understatement. It’s white hot.
Overbid of $712,000 aside, it’s another $1100 per square foot sale in an area of town previously undiscovered and overlooked. I guess the secret is out…
| Address |
BR/BA/Units |
DOM |
List Price |
Sold Price |
Overbid |
|
|---|---|---|---|---|---|
| 571 20th Avenue | 3/2.00/N/A | 12 | $1,388,000 | $2,100,000 | 51.30% |
| 1463 40th Avenue | 2/1.00/N/A | 14 | $899,000 | $1,350,000 | 50.17% |
| 844 Detroit Street | 3/1.00/N/A | 22 | $899,000 | $1,300,000 | 44.61% |
| 171 Ledyard Street | 2/2.00/N/A | 11 | $599,000 | $850,000 | 41.90% |
| 340 Benton Avenue | 3/2.50/ | 15 | $829,000 | $1,142,500 | 37.82% |
| 1523 26th Avenue | 3/2.00/N/A | 17 | $998,000 | $1,375,000 | 37.78% |
| 3030 Rivera Street | 3/2.00/N/A | 12 | $899,000 | $1,235,000 | 37.37% |
| 4045 Ocean Avenue | 3/2.00/N/A | 10 | $1,195,000 | $1,622,000 | 35.73% |
| 849 44th Avenue | 3/1.00/N/A | 10 | $1,049,000 | $1,410,000 | 34.41% |
| 74 Winfield Street 76 | 2-4 Units | 29 | $995,000 | $1,320,000 | 32.66% |
Special mention to my listing at 849 44th Ave that barely made it to the list even as nuts as our situation there was!
These lists are very “real-time”, and a good indication of pockets of our market. For a broader look at the San Francisco market I continually refer people to my favorite resource in Patrick Carlisle at Paragon Real Estate:
–30+ Years of San Francisco Real Estate Cycles
–Preliminary Indications of Direction of the San Francisco 2017 Market
Have a great weekend! It’s gonna be a cracker, so get out and enjoy.
–Five days later and $361,000 Over, 849 44th Ave Sets New Record Price Per Square Foot in the Outer Richmond [theFrontSteps]