Sometimes an overbid gives you perspective on the past as well as the current market–and boy can perspective knock you for a loop. Case in point, this week’s number one spillover is 2242 17th Avenue, a three bed, three bath Parkside house that sold this week for more than $2.2 million, 47-plus percent more than … Continue reading Maximum Overbid: Great Recession Loser Returns With a Vengeance
Category: Maximum Overbid ™
Photo Finish For Weekly Overbids
Just when you think you’ve seen it all in overbid terms, something can still surprise you. Case in point, it was looking like the top overbid spot for the week would go to 1235 22nd Avenue, a fetching three bed, 1.5 bath Sunset house that sold this week for $1.57-plus million, nearly 44 percent over … Continue reading Photo Finish For Weekly Overbids
SF Overbids: “Fixer-Upper” Worth $1.45 Million Anyway
Most of the time, overbids in San Francisco clock within fairly modest margins. But there are always boom times, as this week’s overbids are going hard and not apologizing for it. It’s a close race for first place, with two different sales cracking the 55 percent overbid margin. The top spot ends up being 64 … Continue reading SF Overbids: “Fixer-Upper” Worth $1.45 Million Anyway
Forest Hill Craftsman Overbid Returns
When a buyer truly has their heart set on the ideal San Francisco home, not much will stand in their way. That’s how we end up with overbids, including this week’s top spot at 144 Idora Avenue, a four bed, three bath, Forest Hill Crafsman home from 1926 that sold this week for $2.5 million … Continue reading Forest Hill Craftsman Overbid Returns
Top SF Overbids: Westwood Park Basement Breaks the Bank
Ah summer, when a San Francisco homebuyer’s fancy turns toward paying more for a home–or at least that’s how it seems when we break down this week’s top SF overbids. Most weeks, San Francisco overbids are relatively modest, but our current number one spot is actually quite a whopper in the form of 773 Faxon … Continue reading Top SF Overbids: Westwood Park Basement Breaks the Bank
If You Sold Your Home For $1,355,000 Over Asking, Where Would You Go? What Would You Buy?
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?
Two Houses on the Same Street Selling $1,000,000 + Over Asking…Ahhh 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
Outer Sunset Home Sells $401,000 Over Asking | Ocean Beach Surfers Everywhere Shake Their Heads
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
From $1,550,000 To $2,310,000 | Inner Sunset Home Is Overbid Of The Week 😲
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 😲
Maximum Overbid Of the Week: Circa 1900 Victorian Condo in The Mission Sells 35% Over
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
Oh Snap…Weekly Overbids! tFS Listings, a $24,000,000 Sale & Off Market Gems
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
Pandemic Pricing? Or Just Another Crazy Overbid? SF Property Sells $360,000 Over Asking
Yep, even during a global pandemic San Francisco still has property selling, and many of them for over asking. Address BR/BA/Units DOM List Price Sold Price Overbid 2651 23rd Avenue 3/2.00/N/A 8 $985,000 $1,345,000 36.55% 2919 Webster Street 2921 2-4 Units 13 $1,950,000 $2,340,000 20.00% 4407 18th Street 3/1.50/N/A 10 $1,995,000 $2,350,000 17.79% 38 Stoneyford … Continue reading Pandemic Pricing? Or Just Another Crazy Overbid? SF Property Sells $360,000 Over Asking
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Despite COVID 19, SF Properties Still Closing Hundreds of Thousands of Dollars Over Asking
In our continued effort to educate you on San Francisco real estate, have a look at 10 listings that have closed within the last 14 days, all of them significantly over list price, and all of them in contract, or going into contract prior to Shelter in Place. Address BR/BA/Units DOM List Price Sold Price … Continue reading Despite COVID 19, SF Properties Still Closing Hundreds of Thousands of Dollars Over Asking
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Dolores Heights Home Gets $1.4M Over Asking | Coronabid of the Week
This week in San Francisco real estate a home on Liberty Street, and on the market for the first time in 60 years closes for $1,405,000 over the asking price. You might be thinking, “WTF!? We’re in the middle of Coronavirus hell?” You are not alone. Let’s break it down: Listed 3/2/2020 for $1,595,000 … … Continue reading Dolores Heights Home Gets $1.4M Over Asking | Coronabid of the Week
It’s Always The Fixers That Win | Plus Crystal Ball Forecast
It’s true, in San Francisco the craziest overbids most often go to the fixers. Why? Not because these homes are any better than most, simply because they are typically priced much lower than their peers, and that attracts contractors, developers, and dreamers alike who ultimately drive the price way over asking, but not necessarily into … Continue reading It’s Always The Fixers That Win | Plus Crystal Ball Forecast
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Sunset House Gets Over $1500 per Square Foot
Ridiculously low pricing aside, this week’s Maximum Overbid goes to 1938 35th Ave, a Sunset District home listed for $895,000 and sold for $1,238,000. Forget about the overbid, because that’s not an indication of anything in this situation except low asking price, but have a look at the sales price per square foot – $1547. … Continue reading Sunset House Gets Over $1500 per Square Foot
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