I’m pleased to report yet another successful off market (property not on MLS) sale for my clients who had been searching for so long, writing offers, getting beaten by other higher offers, but ultimately hanging in there. Patience paid off.
Other than lurking anxiety about earthquake hazards, the thing that preys most heavily on most people’s minds when pondering a move to San Francisco is how much it will cost? The simple answer to that question is, “A lot,” whereas the more complex answer is, “A lot…but it depends.” On Wednesday, the National Low Income … Continue reading How Much It Really Costs To Rent In SF
Even when the COVID-19 pandemic was beating down SF’s housing and rental markets last year, demand for single-family homes in the city still stayed surprisingly robust most quarters–such is the premium that buyers and sellers alike place on real, full-fledged SF houses at even the worst of times. Now that the city is largely back … Continue reading Where SF’s Most Expensive Homes Sold When the Pandemic Ended
The San Francisco real estate market continues to roar onward and upwards bringing sustained disappointment to buyers, and almost immediate elation to sellers (assuming your property is priced right, and located well.) Find all of the market data you could imagine in theFrontSteps’ newsletter. That link again to the entire market report is right here, … Continue reading San Francisco Median Home Prices Reach New All – Time Highs
The question of the decade has been whether or not San Francisco is building enough housing, but before we answer that we have to confront a potentially more elusive conundrum: Just how much is enough? The SF-based rental platform ApartmentList touched on this topic earlier this month with a report on housing growth coast to … Continue reading San Francisco Built Like Mad Last Decade–But It Wasn’t Enough
Just in time for the weekend. It was actually a Mission District condo that claimed the top spot on the Top 10 Overbid List (see below) at damn near 52% over asking (we calculate via percentage not $$), but have a look at 268 Wawona in West Portal… Listed at $2,895,000, barely a minute on … Continue reading If You Sold Your Home For $1,355,000 Over Asking, Where Would You Go? What Would You Buy?
During April 2021 in San Francisco, the median single-family home price rose once again to an all-time high, and condo prices fell. Year-over-year, single-family home prices meaningfully increased, up 10%, while condo prices declined 5%. To say it’s a nutty market would be a huge understatement. Keep in mind the numbers take averages. There are … Continue reading May Housing Market Update for San Francisco
I mean, where does one begin to comprehend some of these overbids. At quick glance of the top 20 Overbids for the past two weeks there are two properties that sold over $1,000,000 above asking, and another that was damn close to that! 330 San Leandro Way, $1,040,000 over asking 195 San Leandro Way, $1,405,000 … Continue reading Two Houses on the Same Street Selling $1,000,000 + Over Asking…Ahhh San Francisco
It’s safe to say people still want to live in San Francisco, especially San Francisco’s Outer Sunset District. With 1919 47th Ave listing at $999,000, and selling for $1,400,000 (mind you we’re still technically in the grips of this pandemic), one can only shake their head in disbelief. This is not the only insane overbid. … Continue reading Outer Sunset Home Sells $401,000 Over Asking | Ocean Beach Surfers Everywhere Shake Their Heads
It’s the Inner Sunset taking top honors this week on our list of Top 10 Overbids with this stunning three bed, two bath home at 1387 14th Ave selling for a whopping $760,000 over list price. What an awesome home in a great location. Congratulations to both the buyers and sellers. As for the rest, … Continue reading From $1,550,000 To $2,310,000 | Inner Sunset Home Is Overbid Of The Week 😲
This past month, rents in San Francisco increased by 1.2%, the first increase since the start of the pandemic. For reference, San Francisco rents fell by an average of 3.4% per month from April through December of 2020. That said, rents in San Francisco are still down by 26.1% year-over-year, the #1 sharpest decline among … Continue reading Rents In SF Increase For First Time Since Shelter In Place
If there is one thing this Pandemic has taught us, it’s that people will always place value in their place of shelter. Welcome your weekly dose of the Top 10 Overbids in San Francisco. No surprise, a lot of these are still a result of under-pricing, but also still an indicator of market activity and … Continue reading Maximum Overbid Of the Week: Circa 1900 Victorian Condo in The Mission Sells 35% Over
Welcome to our February newsletter. This month, we cover long-term trends in the United States, considering the ways in which history can inform our future. We also compare the 2020 and 2019 calendar years in our local area, using 2019 as a “normal” year to reflect upon 2020 trends. We don’t want to jinx anything, … Continue reading SF Real Estate Market Hot Here Cool There
What better way to spend a rainy Sunday than reading our latest and great San Francisco Real Estate market report. Click the link or the image to see the full report. January Housing Market Updates for San Francisco The median single-family home and condo prices fell month-over-month, which is typical for the winter season. Year-over-year, … Continue reading San Francisco Real Estate Market Report January 2021
Another busy couple of weeks in the world of San Francisco real estate. Yours truly FINALLY closed on the Mission Dolores condo I had for sale for what seemed an eternity. The pandemic really kicked us in the you know whats on that one, but it was also the market that spoke. There is stiff … Continue reading Oh Snap…Weekly Overbids! tFS Listings, a $24,000,000 Sale & Off Market Gems
I have the home you have sought for so long. We will not be going to MLS anytime soon, so consider yourself lucky you found yourself on theFrontSteps. Property Details: 715 Cole St. $2,495,000 3 bed, 2 bath Stately Master Bedroom Fireplace in master bedroom Shower over tub Separate WC Deck / landing off North … Continue reading Cole Valley Single Family Home For Sale Not on MLS