The number six unit at 2500 Steiner Street just sold for the intimidating sum of $15.5 million. That paces out to $4,428 per square foot. SFGate calls this the highest price per foot in San Francisco–but it’s not so. City records confirm that 2600 Washington #10 previously sold for more than $5,600 per foot ($32 … Continue reading This Pac Heights Co-Op Did NOT Just Set an SF Record
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Sea Cliff Edwardian’s Price Plunges 52 Percent With Fifth Listing
If at first you don’t succeed, continuing cutting prices. That’s the principle at work for 10 Sea Cliff, a reserved circa 1915 Edwardian at the tail end of 25th Avenue that’s now up for sale for the fifth time in less than two years, sporting a comparably economical new $5.7 million price tag. This four … Continue reading Sea Cliff Edwardian’s Price Plunges 52 Percent With Fifth Listing
Will Van Ness Avenue Ever Get Its Due?
When it comes to writing home listings, we probably shouldn’t be too particular about the terms that realtors use–after all, they’re trying to make their offerings stand out, and most superlatives are in the eye of the beholder. Nevertheless, you’ve really got to pause over something like the new listing for 1 Daniel Burnham Court … Continue reading Will Van Ness Avenue Ever Get Its Due?
Maximum Luxury: This New $46 Million Home Would Be Most Expensive In SF History
In a city like San Francisco, extremely high-end homes are not really the best indicators of the state of the market. But at the same time, they can be downright impossible to ignore. In the interest of sheer indulgence, we’re launching a new regular feature highlighting the single most expensive properties in San Francisco–because honestly, … Continue reading Maximum Luxury: This New $46 Million Home Would Be Most Expensive In SF History
Why Everyone Loves Eichlers
Joseph Eichler built some 11,000 homes in the course of his career, and now nearly 50 years after his death his Eichler homes still exert a powerful effect on the popular imagination. In short, people love Eichler homes, noted for their open floorplans, large atriums, and mingling of indoor and outdoor space, to name a … Continue reading Why Everyone Loves Eichlers
Maximum Overbid: Sunset Surprise
Overbids are entertaining, but skeptical housing watchers always have to wonder whether they’re the result of real market forces or just canny sellers pricing low (although arguably the latter IS a market force–just not necessarily one we account for a lot of the time). It’s always more fun to imagine that the top seller for … Continue reading Maximum Overbid: Sunset Surprise
Breathtaking, Once-Abandoned Presidio Heights Mansion Up For Sale Once Again
The sprawling, literally palatial mansion at 3800 Washington Street is one of San Francisco’s most beautiful and historically important properties–and one of its most often neglected, sad to say. This circa 1904 gem is a familiar sight to SF housing watchers afters its many travails on the market over the past decade. Now it’s coming … Continue reading Breathtaking, Once-Abandoned Presidio Heights Mansion Up For Sale Once Again
Once Again, This Bay Area City Is the Most Expensive Place In the US To Buy a Home
The listing site PropertyShark has once again compiled their annual accounting of the most expensive housing ZIP codes in the country, and for the fifth year in a row the top spot goes to Atherton, the incredibly wealthy San Mateo County city that this time boasts a median home price of more than $7.47 million. … Continue reading Once Again, This Bay Area City Is the Most Expensive Place In the US To Buy a Home
What a “Detached” Home Really Means In San Francisco
“Don’t let the address fool you,” the new ad for 1168 Fell Street warns prospective buyers, assuring everyone that although this three bed, three bath home is technically qualified as a condo, it’s really “fully detached and sits in the rear of the lot.” Does the concept of a detached condo even make sense? Well, … Continue reading What a “Detached” Home Really Means In San Francisco
Maximum Overbid: Did a Castro Condo Sell For $165 Million? (Spoiler: No, But We Can Dream)
Ordinarily the phrase “Maximum Overbid” is a figure of speech, but in this case it’s seemingly quite literal, as we have indeed recorded seemingly the highest overbid in the history of San Francisco; a shame it’s too good to be true. As you can see from the table below, 336 Cumberland Street, an enterprising Castro … Continue reading Maximum Overbid: Did a Castro Condo Sell For $165 Million? (Spoiler: No, But We Can Dream)
This Is Why a 328-Foot Santa Cruz Home Sold For $1 Million
Context is the secret ingredient that can make sense out of the nonsensical, especially when it comes to buying and selling homes. At first glance, the recent sale of 114 Mountain View Avenue in Santa Cruz appears baffling, possibly even absurd: Dubbed a “vintage bungalow”, this diminutive 1948 offering measured out to just 328 square … Continue reading This Is Why a 328-Foot Santa Cruz Home Sold For $1 Million
Joining San Francisco’s Elusive Under $700K Club
Some clubs are even more exclusive than we would like for them to be, as is the case with San Francisco’s Under $700K Club, the place where you can buy a home for (slightly) less. This one bed, one bath condo at 250 King Street (the Beacon building) just joined up this week, sliding under … Continue reading Joining San Francisco’s Elusive Under $700K Club
This Mission Triplex Illustrates the Truth About SF Rents
It’s now become proverbial wisdom that San Francisco has the highest rents in the US, after years of soaring prices driven by a combination housing shortage and population boom. Problem is, that wisdom is just plain not true; while SF’s market rents have indeed shot to the moon and beyond in the past decade, and … Continue reading This Mission Triplex Illustrates the Truth About SF Rents
Soaring Alamo Square Victorian Quadruples In Price
Just so we’re clear, 850 Steiner Street, the four bed, six bath, dramatically turreted Victorian that went up for sale today asking more than $5.12 million, is not one of the most famous houses in San Francisco. But it is close; as in, geographically, it’s extremely close to the Postcard Row Victorians on Steiner street–just … Continue reading Soaring Alamo Square Victorian Quadruples In Price
Maximum Overbid: When You Try To Lose But Win Anyway
This week’s number one overbid, 1559 18th Avenue, barely ekes its way into first place by clearing just over 152.5 percent of its asking price after a mere eight days on the market, which in any other context would sound incredible but in SF is really just normal, if you can wrap your brain around … Continue reading Maximum Overbid: When You Try To Lose But Win Anyway
When SF Realtors Kicked Out Our City Cemeteries
As Halloween weekend looms, our usually very atmospheric metro is missing a certain extra gothic flourish that most cities boast: Other than a couple of historic graveyards in the Presidio and Mission Dolores, San Francisco has no cemeteries within its boundaries. And yes, this is because of real estate. Contrary to popular belief, SF never … Continue reading When SF Realtors Kicked Out Our City Cemeteries