It’s the Inner Sunset taking top honors this week on our list of Top 10 Overbids with this stunning three bed, two bath home at 1387 14th Ave selling for a whopping $760,000 over list price.
What an awesome home in a great location. Congratulations to both the buyers and sellers.
As for the rest, it’s clear pricing low is still the way to go.
| Address | BR/BA/Units | DOM | List Price | Sold Price | Overbid | |
|---|---|---|---|---|---|
| 1387 14th Avenue | 3/2.00/N/A | 13 | $1,550,000 | $2,310,000 | 49.03% |
| 1359 47th Avenue | 2/1.00/N/A | 14 | $799,000 | $1,100,000 | 37.67% |
| 215 Cole Street | 2/2.00/2 | 7 | $1,195,000 | $1,600,000 | 33.89% |
| 64 Cumberland Street | 3/2.00/ | 10 | $1,829,000 | $2,400,000 | 31.22% |
| 1526 29th Avenue | 2/1.00/N/A | 5 | $1,298,000 | $1,700,000 | 30.97% |
| 881 43rd Avenue | 3/2.00/N/A | 11 | $1,720,000 | $2,250,000 | 30.81% |
| 3025 20th Street | 2/2.00/A | 12 | $999,000 | $1,300,000 | 30.13% |
| 350 Broderick Street | 2/2.00/202 | 6 | $1,095,000 | $1,400,000 | 27.85% |
| 20 Idora Avenue | 3/2.00/N/A | 0 | $1,475,000 | $1,825,000 | 23.73% |
| 782 14th Street | 3/2.00/ | 9 | $1,329,000 | $1,600,000 | 20.39% |
My normal disclaimer- Overbids are not selling that much over market price. Many homes in San Francisco are priced low to get attention and multiple offers. Nonetheless, it’s always baffling, and I’ve been on both ends of these situations multiple times with buyers and sellers over many years. I honestly don’t think it will ever stop at this point.
Thinking time is right for you to sell? Hit that contact button up top 👆🏼 and we’ll get you dialed.
Additionally, we are going to start dabbling in Lake Tahoe Real Estate. So if you’re looking to buy or sell up that way, give us a shout.