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

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

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

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

San Francisco’s Top 10 Overbids of the New Decade


Welcome to the first top 10 list of Overbids for 2020 in San Francisco. Are we going to be doing this for another decade? It seems we’ve been talking overbids forever, at least since 2004 when a home on 38th Ave listed for $598,000 and sold for $738,000…it still hasn’t changed hands again according to … Continue reading San Francisco’s Top 10 Overbids of the New Decade