San Francisco’s Top 10 Overbids Week Ending 4/12/19

When you don’t have time to comment on a busy Aloha Friday (just closed moments ago on an off market place in Cole Valley, so we gotta get buyers keys), you know we still provide you The Goods…as always.

San Francisco’s Top 10 Overbids week ending 4/12/19:

Address BR/BA/Units DOM List Price Sold Price Overbid
248 Cumberland Street 2/1.50/ 7 $1,195,000 $1,740,000 45.61%
331 Vicente Street 3/3.00/N/A 15 $1,995,000 $2,900,000 45.36%
250 Maywood Drive 4/3.00/N/A 11 $1,995,000 $2,755,000 38.10%
2434 42nd Avenue 4/4.00/N/A 14 $1,388,000 $1,900,000 36.89%
563 Belvedere Street 2/1.00/ 10 $1,249,000 $1,700,000 36.11%
75 Gates Street 3/2.00/N/A 14 $1,195,000 $1,600,000 33.89%
64 Rosemont Place 2/1.00/ 8 $1,295,000 $1,725,000 33.20%
1681 Noe Street 2/1.00/ 15 $1,249,000 $1,640,000 31.31%
66 Cleary Court 3/2.00/705 19 $878,000 $1,151,000 31.09%
4437 Ulloa Street 2/1.00/N/A 13 $895,000 $1,161,000 29.72%

Happy to see our very own listing at 64 Rosemont get the #7 slot. Quick story on that…we received six offers after only six days on the market. Had we marketed it another week, we probably would have seen double, but we clearly set the bar a bit higher in that area, so a $1,725,000 non-contingent offer was not something to pass up. As for pricing it “too low”…definitely not. We priced it spot on and everything went according to plan…actually better than planned.

Coming soon in that area:
-973a 14th St: A top floor 2 level, 2 bed, 2 bath, view unit with incredible South facing deck and one car parking.
-1296 Church St: A top floor 2 bed, 2 bath, supremely located condominium with all the bells and whistles, and one car parking.

Coming Soon elsewhere:
744 18th Ave, Central Richmond Single Family 3 bed, 2 bath, with amazing yard, master, and kitchen
-Potentially a couple homes in Westlake Daly City
-Condo in the Outer Richmond.

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