Coming at you with a quick little update on this sweltering Friday in October.
Happy to have closed on 40 Seward, 15 Bella Vista, and 1936 Funston this week. Congrats to all involved on those.
You may remember 190 Sea Cliff? The stunner on the cliff with drop dead Golden Gate Bridge views from every level? My buyer missed it. We were a bit slow getting in. They are in contract already…with a backup offer. Even at the $25,000,000 mark a hot property in SF will still sell.
Believe it or not, even in this COVID Pandemic, the San Francisco Real Estate market continues to see Overbids. They are the norm for many Single Family homes in the West side of town. Condos….not seeing the same story, especially in the more densely populated areas of town. Think about where all of the young techies just had to be…the Mission, Mission Dolores, Haight, NOPA, SOMA…those kids are out to pasture and working from their adventure vans until the motherships call them back to base, so now is the time to be shopping for 2 bed condos in those areas. That is for sure.
Top 10 Overbids San Francisco (Pandemic and all)
| Address | BR/BA/Units | DOM | List Price | Sold Price | Overbid |
|---|---|---|---|---|---|
| 2555 32nd Avenue | 3/1.00/N/A | 11 | $1,095,000 | $1,625,000 | 48.40% |
| 307 15th Avenue | 2/1.00/N/A | 2 | $925,000 | $1,300,000 | 40.54% |
| 587 24th Avenue | 3/1.50/N/A | 10 | $1,259,000 | $1,700,000 | 35.03% |
| 239 Seneca Avenue | 3/1.00/N/A | 16 | $1,099,000 | $1,481,000 | 34.76% |
| 1127 Hampshire Street | 2/1.00/N/A | 41 | $1,195,000 | $1,591,000 | 33.14% |
| 172 18th Avenue 174 | 2-4 Units | 19 | $1,920,000 | $2,460,000 | 28.12% |
| 562 22nd Avenue | 2/1.25/N/A | 8 | $1,428,000 | $1,825,000 | 27.80% |
| 4010 25th Street | 2/2.00/N/A | 5 | $1,898,000 | $2,400,000 | 26.45% |
| 939 Randolph Street | 6/3.00/N/A | 13 | $949,000 | $1,200,000 | 26.45% |
| 122 Del Vale Avenue | 2/1.00/N/A | 6 | $1,095,000 | $1,366,000 | 24.75% |
I am still incredibly busy with many other transactions, buyers, and future listings, but never too busy to help you and your friends, co-workers, and family.
Don’t take my word for it, have a look at my most recent client testimonial for the home I sold off market in Cole Valley.
That’s all I have for you today. As always, do not hesitate to contact me directly to discuss your buying and selling options, whether on or off the market, in or out of the city. I gotcha covered.
Have a great weekend, and Happy Aloha Friday.