Compare Listings

San Francisco Real Estate Market Overbids Week Ending 5/24/19

San Francisco Real Estate Market Overbids Week Ending 5/24/19

Another doozy of a week in San Francisco real estate. We will have a full market breakdown for you soon, as our market is hot in spots, and not so hot in other spots (to say it technically).

For now, the week’s Overbids, and we might add the #1 spot clinched by our very own listing at 973a 14th St-the little TIC that could.

For a little insight as to how that played out: We were basing our list price, and ballpark sales price, on a recent comparable TIC sale on 15th St that closed for $1,550,000 or just over $1500/foot (yes, we are seeing that number more and more often). The open houses, private showings, phone calls, emails, texts, questions were off the charts. There were probably close to 200 or more people through the door, likely 50% of them “real” buyers. In the end, we received 10 offers, and it was very competitive. Ultimately, we had to pick one, so the sellers made their choice, and couldn’t be happier.

If you live in and around Duboce Triangle and are pondering a sale, it’s safe to say interest in that area of town is through the roof.

Congratulations to all involved. Now the top 10:

Address BR/BA/Units DOM List Price Sold Price Overbid
973 14th Street 2/2.00/A 13 $1,349,000 $1,850,000 37.14%
119 Prospect Avenue 3/2.00/N/A 14 $1,498,000 $2,050,000 36.85%
656 Hayes Street 2/2.00/ 13 $1,249,000 $1,705,000 36.51%
1583 28th Avenue 4/4.50/N/A 12 $1,688,000 $2,300,000 36.26%
1800 Turk Street 2/1.00/203 13 $849,000 $1,150,000 35.45%
3984 26th Street 2/1.00/ 13 $1,299,000 $1,715,000 32.02%
4502 California Street 2/2.00/ 28 $1,095,000 $1,445,000 31.96%
814 Hayes Street 3/2.50/2 10 $1,295,000 $1,705,000 31.66%
3213 20th Street 2/2.00/ 4 $1,399,000 $1,840,000 31.52%
478 Anderson Street 4/4.00/N/A 13 $1,995,000 $2,608,319 30.74%

As always, if you, or anyone you know, are looking to buy/sell some SF terra firma we are here to help.

Have a great holiday weekend!

theFrontSteps


img

theFrontSteps

Related posts

The Doozy Report | 1058 Square Foot Castro Home Gets $1,480,000 And Top Spot

San Francisco homes STILL selling for more than list price, even during the Summer doldrums. By...

Continue reading
by theFrontSteps

theFrontSteps Welcomes Keenan Brown To The Team

Soaking up the San Franciscan summer was an annual experience for Keenan Brown. He’d pack his...

Continue reading
by theFrontSteps

Sold, Sold, and Sold Again | Three Recent Transactions Of Note

When you're busy, you're busy. And when it's Summer, you don't want to be busy. And when you're...

Continue reading
by theFrontSteps

Join The Discussion

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Follow us, it’s worth it

Get the latest posts delivered to your mailbox: