Asking $1,799,000 1809 Diamond in Noe Valley, a 5 bed, 3.5 bath, just closed for $2,220,000 or $421,000 (23.4%) above asking. Debate the pricing all you want, demand is there. We might add this home listed 9/21, and was on the market a staggering 12 days. Ahhh, what the hell. Previous sale, September 2004, $1,375,000, … Continue reading Nothing special, just $421,000 over asking, that’s all (1809 Diamond)
Category: market info
$4,950,000 at 745 Marina, and almost a done deal?
Our market is supposed to be tanking. (So we’re told.) 745 Marina is “pending”. Estimated close of escrow in November. [Update: Sold today (10/22/07) for $3,982,885. Market bashers…begin field day.] [Update #2: And emailed to us seconds after publishing the first update (how’d you do that?): “Sale price $4,100,000. No commission taken by selling agent“.] … Continue reading $4,950,000 at 745 Marina, and almost a done deal?
DQ news: triple soft serve data?
From a reader: I think a great topic is to discuss the latest DQ News SF numbers. September was supposed to be the month where all hell broke loose for home buyers. NO JUMBO LOANS everybody screamed since the credit meltdown occurred in Aug. And yet, SF prices STILL went up 1.9%! There goes the … Continue reading DQ news: triple soft serve data?
Theory of the Starving Real Estate Agent
When I received my real estate license 5+ years ago, I entered into one of the hottest real estate markets in the country, at the beginning of one of the hottest real estate booms our nation would come to see. Real Estate licenses were flying out of the California Department of Real Estate as fast … Continue reading Theory of the Starving Real Estate Agent
Stats & Numbers: Single Family Homes
By Garrett, who has just started a new blog called San Francisco Schtuff. We wish him good luck, and thanks for the Stats & Numbers. Single-Family Homes District 1 Sep-06 Sep-07 Number of Sales 18 19 Median Selling Price 1,150,000 1,075,000 Average DOM 33 29 District 2 Sep-06 Sep-07 Number of Sales 49 23 Median … Continue reading Stats & Numbers: Single Family Homes
A drop, a loss, and a few flips in Inner Sunset
by Anon8Mizer [with pictures and links added by theFrontSteps]: Hi Alex — I like Inner Sunset because it’s one of the few neighborhoods in SF that haven’t sold out. So here are some observations: The drop: 1416 18th ave (condo) in a duplex – Originally asking $699K a month ago, now back on market at … Continue reading A drop, a loss, and a few flips in Inner Sunset
Two years, two listings, one building, same agent, different market (2185 Bush #311)
I’m going against what I usually do and actually talking about one of my listings. Why? Because there is a good story. Two years ago, I had this listing at 2185 Bush #315. I put this place on the market literally a few weeks prior to the peak we experienced in 2005. It hit MLS, … Continue reading Two years, two listings, one building, same agent, different market (2185 Bush #311)
Incentivizing for the holidays at 733 Front Street
Okay…so I’m addicted to posting stuff for you, but this was something I couldn’t pass up. One of my favorite new developments, 733 Front Street spreads the holiday cheer a bit early. “Own your piece of Jackson Square at 733 Front – and you will not have to pay anything, including the mortgage, property taxes and HOA, … Continue reading Incentivizing for the holidays at 733 Front Street
Feeling BLŪ (631 Folsom): Step inside!
Until now, we had not seen inside the new world unfolding down at BLŪ, yet another San Francisco upscale condo development. Thankfully, we have friends in high places (we’re waiting on that balloon story we alluded to). We can all pay homage to zūm llc for their wonderful renderings. Enjoy your First Look ™ inside … Continue reading Feeling BLŪ (631 Folsom): Step inside!
Verbatim: “San Francisco is back!”
As if it ever left: By almost every measure, San Francisco is in far better economic shape than it was when [our Mayor] took office in 2004 and faced a nearly $350 million budget deficit. The city has recovered from the double whammy of the dot-com bust and the tourism crash that followed the Sept. … Continue reading Verbatim: “San Francisco is back!”
Millennium Tower going up, and the inside scoop (301 Mission)
This is a poach with permission from sfnewdevelopments.com and our friend Mark Choey. Thanks Mark! Located on Mission St between Beale and Fremont St near San Francisco’s Financial District and right next to the Transbay Terminal site, the entire project will consist of 419 condos in 2 towers: one at 11 stories and another at … Continue reading Millennium Tower going up, and the inside scoop (301 Mission)
Noe Valley wins, Pacific Heights loses … BIG!
Way back when on July 3rd one of our readers, “Eddy”, sent in a post pitting two districts against each other titled “A tale of two districts”. We showcased two properties: 689 Douglass, which absolutely flew off the shelf, and ultimately sold for $2,050,000 from the $1,895,000 asking price (Close of escrow was 8/15/07). The … Continue reading Noe Valley wins, Pacific Heights loses … BIG!
318 27th Street…a done deal in Noe Valley
Our readers are so great, and “San Fran Tim” is on it! As he says, “Just received notice that 318 27th street sold for $2.515, or $220k (or about 10%) over listing.” [You would be correct, SFT.] –Sittin on the deck by the Bay [theFrontSteps]
Nobody likes a bully
So here’s a story. In case you haven’t noticed, the weather has been pretty nice. That usually translates into good surf. (You out of towners {SoCal} don’t get any ideas, the surf is only marginal here.) So I’m in the water picking up clients (my board will soon be emblazoned with Zephyr stickers so I … Continue reading Nobody likes a bully
$605,000 less than it was (2801 Lake)… actually $1,205,000 less.
Originally listed at $4.2M in 2003, 2801 Lake was hacked to $3.6M and just recently hacked again to the current price of $2,995,000. That is a MAJOR reduction that may or may not indicate something about the market, but it sure as hell indicates something about staging and getting your home ready to sell. There … Continue reading $605,000 less than it was (2801 Lake)… actually $1,205,000 less.
Rents on the rise in San Francisco
In case you missed it, a reader reminds us: “Rents are going ballistic. ‘Prime areas up 20% YoY [Year Over Year]’”. Bay Area Rental Market Roars Back [sfgate]