I’m pleased to announce my clients have successfully sold their Richmond District top floor condominium for $1,200,000 (listed at $949,000), or as I like to point out, $200,000 more than the most recent, closest competitor property on 26th Ave that listed almost the same day as we did. It’s no coincidence we knocked it out … Continue reading We Just Beat The Closest Comp By $200,000
Category: Maximum Overbid ™
$1.6 to $2.2 – $1.2 to $1.6 – $1.6 to $2.3…San Francisco Overbids Continue With No End In Sight
Although I’ve been out and about and trying to enjoy summer, clearly the Overbid factory didn’t get the memo. Check out the most recent craziness, including one architect/owner designed house on 15th Ave that sold almost 40% over asking! To all of those that think things slow down in Summer…think again. Top 10 Overbids for … Continue reading $1.6 to $2.2 – $1.2 to $1.6 – $1.6 to $2.3…San Francisco Overbids Continue With No End In Sight
San Francisco’s Top 10 Overbids
From $1,400,000 to $14,000,000 on 25th Ave?! Are you kidding me!? Yes, that’s a typo for sure. Agent error. Fat fingers. Something. It’s not right. But the rest – wow! Address BR/BA/Units DOM List Price Sold Price Overbid 2910 24th Ave 4/2.00/N/A 10 $1,400,000 $14,000,000 900.00% 140 Jerrold Ave 3/1.50/ 7 $215,000 $413,000 92.09% 1725 … Continue reading San Francisco’s Top 10 Overbids
From 32% In NOPA To 65% On Nevada – San Francisco’s Top 10 Overbids
It’s Friday, that means it’s time for the Top 10 Maximum Overbids of the week. As usual, there are some doozies, but nothing I would consider ultimate shockers like a few of the last weekly Top 10’s we’ve seen. The number one spot goes to the “Contractor’s Special” on Nevada in Bernal Heights that fetched … Continue reading From 32% In NOPA To 65% On Nevada – San Francisco’s Top 10 Overbids
Are Overbids A Result Of Intentional Underpricing? No – It’s Competitive Pricing
It’s happened again – I did a post Friday about the week’s overbids, and the comments and emails immediately come in, “Is this because the owners are listing for under market prices to crest bidding wars?” or “Why do you always highlight overbids? Aren’t these properties underpriced to begin with?” or “These properties are selling … Continue reading Are Overbids A Result Of Intentional Underpricing? No – It’s Competitive Pricing
This Week’s Top 10 Real Estate Overbids For San Francisco
It’s Friday, that means it’s time to check in with this week’s Top 10 Overbids. From the number 10 on the list, which came in at 32% over on 2nd Ave in the Lake District, to the number 1 on the list, which was just 65% over on Wisconsin in Potrero Hill, there is surely … Continue reading This Week’s Top 10 Real Estate Overbids For San Francisco
Pacific Heights Property Fetches $1,706,000 Over Asking
You read that correctly, 2224 Jackson Street, a Pacific Heights trophy three unit property listed at $2,095,000, just knocked out last week’s stunner at 2514 Gough (Sold $1.4M over), to take the cake for most insane insanity ever in real estate anywhere, ever, by selling for $1,706,000 over asking price, or a grand total of … Continue reading Pacific Heights Property Fetches $1,706,000 Over Asking
Top Sales Over Asking In San Francisco For The Last Two Weeks
I get a lot of people in real estate in other markets around the country contacting me and telling me their market is crazy good. I have to nod my ahead and agree, “Uh huh. Yep. That’s impressive.” But really, it’s not. San Francisco real estate is an entirely different beast. Case in point, the … Continue reading Top Sales Over Asking In San Francisco For The Last Two Weeks
Something For You Fence Sitters And Gold Panners To Ponder…
My clients just got shelled by 16 other offers on 1761 Hayes, a top floor 2 bed, 1 bath condo in NOPA asking $849,000. We offered $1,051,000, and they accepted an offer that was “barely higher”. So here’s a thought: I’d say it’s time for many of you long time residents sitting on the selling … Continue reading Something For You Fence Sitters And Gold Panners To Ponder…
Top 10 Overbids Of The Week, And One Mind Bender On Church That Wouldn’t Even Make The List
[Update: Most recent Overbids can be found here, and delivered to you biweekly via email at sfnewsletter.com] Before we get down to the top 10, I thought you all might like a bit of first hand story to ponder over lunch or dinner with your friends. This property: 1850 Church, technically in Glen Park, practically … Continue reading Top 10 Overbids Of The Week, And One Mind Bender On Church That Wouldn’t Even Make The List
The House Of Haight Ashbury Vintage Gets $1.3M More, Two Potrero Hill Comps You’ll Want To Track, And More Overbids To Ponder
Before I show you the list of the top 10 overbids, have a look at the building that houses Haight Ashbury Vintage: Listed for $6,950,000 back in October, it just closed for a mere $1,300,000 more. Apparently, Vintage is more hip than you thought… I have more story. Just yesterday I heard of 25 offers … Continue reading The House Of Haight Ashbury Vintage Gets $1.3M More, Two Potrero Hill Comps You’ll Want To Track, And More Overbids To Ponder
Thankful For Overbids
The most recent top 10 overbids in San Francisco Real Estate. Hope you all had a great Thanksgiving! If you’re selling and getting out of dodge, you have much for which to be thankful. Address BR/BA/Units DOM List Price Sold Price Overbid 22 Flora 3/2.00/N/A 19 $299,888 $500,000 66.73% 306 Guerrero St 308 2-4 Units … Continue reading Thankful For Overbids
More Overbids For Your Monday
It’s another Monday, and the madness continues. Address BR/BA/Units DOM List Price Sold Price Overbid 3691 17th St 3693 2-4 Units 16 $1,499,000 $2,200,000 46.76% 127 Central Ave 129 2-4 Units 60 $1,200,000 $1,720,000 43.33% 152 Hancock St 2-4 Units 26 $1,100,000 $1,557,000 41.55% 82 Peralta Ave 3/2.00/N/A 28 $998,000 $1,380,000 38.28% 1628 York St … Continue reading More Overbids For Your Monday
Maximum Overbid Monday!
Well now that we have the government shutdown (temporarily) behind us, let’s get back to the market at hand. It would appear there is a bit of a calm washing over our waters, but open house activity is still through the roof, so we might indeed be stuck in this craziness for a while. Case … Continue reading Maximum Overbid Monday!
Maximum Overbid Of The Week: 235 28th Street, Noe Valley…
This one is hot off the presses. So hot, this property at 235 28th Street in Noe Valley still has dust billowing up around it from the flurry of bidding that just went down. — — By all accounts, this is a great, great house. Sure, it needs a little work, but could be really … Continue reading Maximum Overbid Of The Week: 235 28th Street, Noe Valley…
Maximum Overbid Of The Week: 430 Noriega Gets $725,000 Over
There is a little something I used to do back in 2003 thru 2008 (mostly on what was then sfnewsletter), then the market tanked, and so too did The Maximum Overbid Of the Week. Alas! It has returned. At the request of some long time readers, I present 430 Noriega: A wee little four bedroom … Continue reading Maximum Overbid Of The Week: 430 Noriega Gets $725,000 Over