We keep hearing chatter about where the market is heading, but numbers like this tend to silence the room. The property at 279 Diamond Street just closed, and the final sales price is one for the books.

Listed originally for $3,495,000, this Eureka Valley residence did not just inch past the asking price. It sold for $4,580,000.

That is a jump of over $1,000,000…

Some might wonder what drives a number like that. Aside from the location near where the Castro meets Mission Dolores, you have four bedrooms all on one level and a massive garage that fits actual cars. In this city, usable square footage and parking are often the tipping point.

Congratulations to the sellers and the new owners. It looks like the spring market decided to show up in January.

For more overbid sales, head to The Goods.

Thinking of buying or selling? Contact us today.