The Bravo show Million Dollar Listing has been a consistent hit for about a decade now, but its San Francisco spin-off lasted only one season. Maybe the problem was the title: In SF, a million-dollar listing is probably selling itself short.
That was the case with this week’s top overbid, a two bed, two bath Outer Sunset setup at 1595 45th Avenue, which listed a mere eight days ago for $998K but sold this week for $1.7 million–because of course it did.
The thing is, last time this home sold it really was a million-dollar listing; in 2016, the going price was $950,000–reasonable at the time, but a real outlier kind of figure just a few years later.
For the curious, out of 1,894 San Francisco homes sold publicly since the beginning of this year, 253 of them have gone for $1 million or less. But note that almost all of those were condos and a great many of them were BMR deals.
Address | BR/BA/Units | DOM | List Price | Sold Price | Overbid |
---|---|---|---|---|---|
1595 45th Avenue | 2/1/N/A | 8 | $998,000 | $1,700,000 | 70.34% |
1860 22nd Avenue | 4/2/N/A | 14 | $1,295,000 | $2,200,000 | 69.88% |
1450 43rd Avenue | 4/3/N/A | 3 | $1,295,000 | $2,200,000 | 69.88% |
1340 38th Avenue | 2/1/N/A | 6 | $1,098,000 | $1,818,000 | 65.57% |
1342 28th Avenue | 3/2/N/A | 8 | $1,695,000 | $2,570,000 | 51.62% |
1738 39th Avenue | 2/2/N/A | 5 | $1,095,000 | $1,625,000 | 48.40% |
20 Massasoit Street | 3/2/N/A | 7 | $1,950,000 | $2,800,000 | 43.59% |
4337 19th Street 4339 | N/A/N/A/N/A | 10 | $1,895,000 | $2,700,000 | 42.48% |
719 Olmstead Street | 2/1/N/A | 11 | $899,000 | $1,275,000 | 41.82% |
2251 47th Avenue | 3/1/N/A | 12 | $1,195,000 | $1,675,000 | 40.17% |
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