We can talk about under-pricing all day long, but the fact is buyers keep taking prices higher and higher, and the last time I checked, inventory remains crazy low. Open house traffic to pretty much any single family home in the city remains brisk (borderline mob scene), and condos in great locations are just about the same, so a major tide swing in our market still remains only a topic of speculation, and definitely not reality.
So here you go…the Top 10 Overbids for San Francisco:
| Address |
BR/BA/Units |
DOM |
List Price |
Sold Price |
Overbid |
|
|---|---|---|---|---|---|
| 89 Forest Side Avenue | 2/1.00/N/A | 22 | $1,168,000 | $1,656,000 | 41.78% |
| 2583 45th Avenue | 3/1.00/N/A | 12 | $949,000 | $1,330,000 | 40.15% |
| 2082 36th Avenue | 3/2.00/N/A | 8 | $1,100,000 | $1,430,000 | 30.00% |
| 4779 18th Street 4881 | 2-4 Units | 14 | $995,000 | $1,250,000 | 25.63% |
| 38 Bitting | 3/2.00/N/A | 5 | $849,000 | $1,050,000 | 23.67% |
| 1001 Pine Street | 0/1.00/1212 | 20 | $499,000 | $605,000 | 21.24% |
| 40 Nadell Court | 4/2.00/N/A | 16 | $849,900 | $999,000 | 17.54% |
| 3324 Scott Street 3326 | 2-4 Units | 0 | $3,000,000 | $3,500,000 | 16.67% |
| 2479 Diamond Street | 5/3.00/N/A | 122 | $1,799,000 | $2,025,000 | 12.56% |
| 190 8th Avenue | N/A/N/A/7 | 17 | $2,850,000 | $3,165,000 | 11.05% |
Definitely a couple stunners on that list, and many that are no surprise (at least to me).
Have a great weekend! Pray for more snow. That last storm was a total tease.
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