Is that correct? Let’s see, sales price $1,553,000, minus list price $1,199,000 equals $354,000. Is that right? Hmmm. Day offer received 9/28/07 minus list date 9/12/07 equals 16 days on the market. Is that right? It can’t be. We just said volume is down 41%. Ohhhh. We get it. We’re just being led astray that … Continue reading Hmmm….$354,000 Over Asking in a Down Market?
3730 Washington…barely a month on the market at a meager $14,500,000, needing some pretty serious remodeling, and now contingency free (pending), which means it is highly likely the sale with go through. [Update: A reader quickly catches our late night mistake. Thanks. “I think you mean, ‘messing with the average’. The median value is the … Continue reading Damn those $14,000,000 homes, they keep messing with the median average
Today, one of our (we’ll just call him/her “readers”) had the chance to get inside 2201 Baker, the $2,490,000 fixer in Pacific Heights, get the scoop, snap a few photos, and open our eyes to a true diamond in the rough. And of course provide us with “before” photos, should we still be blogging when … Continue reading More fun inside 2201 Baker
Way back when on July 3rd one of our readers, “Eddy”, sent in a post pitting two districts against each other titled “A tale of two districts”. We showcased two properties: 689 Douglass, which absolutely flew off the shelf, and ultimately sold for $2,050,000 from the $1,895,000 asking price (Close of escrow was 8/15/07). The … Continue reading Noe Valley wins, Pacific Heights loses … BIG!