Midtown Terrace might be up in the clouds, but the numbers here are very grounded in reality…

We noticed this recent closing at 83 Panorama Drive. Pricing strategy is everything in this town. This modern home hit the market asking $2,200,000. It took a little time… about 70 days to sort everything out, but the result speaks for itself.

The final sales price came in at $2,520,000.

That is a solid $320,000 over the list price. With a street name like Panorama, you expect a serious view, and this place certainly has it… sweeping looks at the City and the Bay through some massive windows. It’s a strong sale for the neighborhood and a good sign that buyers are still willing to pay up for the right view and the right finish.

Congratulations to the buyers and sellers.

For more overbid sales, head to The Goods.

Thinking of buying or selling? Contact us today.