Holy moly did this one go great, or what!? Top floor 1 bed, 1 bath condo with its own private deeded garage in an A+ Marina District location. After kindly declining multiple attempts to pre-empt offers, we stuck to our marketing plan, got roughly 250 parties through the door, reviewed 7 offers, and just closed … Continue reading SOLD | 1487 Chestnut | Marina District | $1,050,000 | 24% Over
Category: Maximum Overbid ™
San Francisco’s Top 10 Real Estate Overbids Of The Week
Just when I go ahead and claim “SF Real Estate Market Cools (sort of)“, out comes the week’s latest and greatest Top 10 Overbids: Address BR/BA/Units DOM List Price Sold Price Overbid 714 Kansas St 3/2.00/N/A 17 $849,000 $1,750,000 106.12% 2215 California St 2/1.50/N/A 28 $1,249,000 $1,861,000 49.00% 615 Ellsworth 2/2.00/N/A 22 $749,000 $1,100,000 46.86% … Continue reading San Francisco’s Top 10 Real Estate Overbids Of The Week
SF Real Estate Market Cools (Sort OF) – sfnewsletter 11/14/14
I published another edition of sfnewsletter, chock full of market data, and great info like this: “The San Francisco market definitely cooled after the overheated feeding frenzy of the first half of the year. The competition between buyers for new listings declined to more rational levels: Homes that might have received 5 to 10 offers … Continue reading SF Real Estate Market Cools (Sort OF) – sfnewsletter 11/14/14
San Francisco’s Top 10 Real Estate Overbids This Week
…and because I know you love ’em: Top 10 Overbids Of the Week Address BR/BA/Units DOM List Price Sold Price Overbid 344 Prentiss St 2/1.00/N/A 12 $899,000 $1,330,000 47.94% 131 San Pablo Ave 4/2.50/N/A 20 $1,995,000 $2,850,000 42.86% 311 Jersey St 2/1.00/N/A 11 $1,175,000 $1,670,000 42.13% 43 Ruth St 3/1.00/N/A 8 $388,000 $550,000 41.75% 122 … Continue reading San Francisco’s Top 10 Real Estate Overbids This Week
SOLD | 694 Hilary Drive, Tiburon, California
I am happy to report I just helped some buyers secure this wonderful mid-century property in Tiburon (that’s North over the Golden Gate Bridge in Marin County for those of you not familiar with our area). Located at 694 Hilary Drive, this 4 bed, 2 bath single family home has great charm and character, a … Continue reading SOLD | 694 Hilary Drive, Tiburon, California
Giants Baby! And Real Estate Too -sfnewsletter 10/17/14
I just published my most recent issue of sfnewsletter (sign up at sfnewsletter.com), complete with a couple market stories and a new link to awesome things like Top 20 Overbids, Top 20 Underbids (they exist), Recent Sales, New Listings, and Stalefish (Properties on the market 30+ days): Giants Baby! — And Real Estate Too — … Continue reading Giants Baby! And Real Estate Too -sfnewsletter 10/17/14
SOLD! 1582 48th Ave | Outer Sunset Top Floor Condo By Ocean Beach Gets $226,000 Over Asking
To say we knocked it out of the park on this sale would be an understatement. Transaction details below: As much as I love doing a stellar job for the sellers I represent, it honestly pains me when we set a new high water mark for San Francisco real estate sales, because it makes it … Continue reading SOLD! 1582 48th Ave | Outer Sunset Top Floor Condo By Ocean Beach Gets $226,000 Over Asking
It’s Friday! Top 10 Overbids To Spark Your Cocktail Conversations Tonight
You’re all probably wondering where the hell I went. I’m here. Representing buyers and sellers in this frenzied market. This market that is full of crazy overbids, properties getting many multiples of offers, and at the same time properties that are now sitting in the dead pool. I call these “Stalefish” a.k.a. 30+ Club, and … Continue reading It’s Friday! Top 10 Overbids To Spark Your Cocktail Conversations Tonight
We Just Beat The Closest Comp By $200,000
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
$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