According to the real estate aggregate site Redfin, it’s been a wild year for housing across the US, as they have recently published a ranking of ten real estate records broken across the US in 2021. Actually Redfin’s records only go back to 2013, so this might not be all that historic of a year–but … Continue reading The Real Estate Records SF Crushed In 2021–and the Ones We Didn’t
Category: market info
Maximum Overbid: Breaking a Tie
For the second week in a row our biggest overbid lies on the westernmost edge of Noe Valley, and for the first time in memory it’s not a house but a condo. At 15 Perego Terrace a three bed, two bath setup took just under two weeks to score $1.7 million, well over the initial … Continue reading Maximum Overbid: Breaking a Tie
Maximum Overbid: Peaks In Valleys
The time has come once again to follow the money with Maximum Overbid, our weekly column examining just how much SF buyers went above and beyond when paying for a home. And for the first time in literally months, the top overbid for the week did NOT happen in the Sunset; instead it’s a Noe … Continue reading Maximum Overbid: Peaks In Valleys
This Is the Least Expensive Home In the Most Expensive City In the Country
Every year, the aggregate site Property Shark releases its rankings of the most expensive housing ZIP codes in America–and every year Atheron lands in the number one spot, or very close to it. It’s almost a tradition, by this point. This year, the site followed up with a bit of a brainteaser: What are the … Continue reading This Is the Least Expensive Home In the Most Expensive City In the Country
Maximum Luxury: $6.8 Million Pac Heights Vic Returns After Just Nine Months
Welcome back to Maximum Luxury, the column where we gander at the most expensive homes for sale in San Francisco, simply because we can. The offering at 2411 Washington Street in Pac Heights just opened very hot, listing on Black Friday for $6.8 million. This is a classic SF Victorian circa 1900–note that since that’s … Continue reading Maximum Luxury: $6.8 Million Pac Heights Vic Returns After Just Nine Months
Maximum Overbid: Stuffed With Thanks
This being a short week with a holiday, you’d imagine it wouldn’t be as busy on the homes front. And you’d be right; whereas an average of 161 homes closed each week in 2021 thus far, for the past seven days it was just 91. With things a little bit quiet, maybe this is an … Continue reading Maximum Overbid: Stuffed With Thanks
What Should a “Starter Home” Cost In SF?
Take a moment to consider 2574 46th Avenue, a two-bed, one-bath Outer Parkside classic now for sale: The new listing calls this a “wonderful starter home,” but can/should a “starter home” really cost $1.55 million? One perspective is that the concept of a “starter home” is anachronistic in the context of a city like San … Continue reading What Should a “Starter Home” Cost In SF?
Maximum Overbid: When Nothing Changes But The Sale Price
The home team came really close to number one spot this week’s rankings, after the Front Steps sale of 264 24th Avenue scraped up against a million dollars over the listing price after just 11 days on the market. But the biggest winner actually closed the deal last Friday on the other side of Golden … Continue reading Maximum Overbid: When Nothing Changes But The Sale Price
Maximum Overbid: Sunset Surprise
Overbids are entertaining, but skeptical housing watchers always have to wonder whether they’re the result of real market forces or just canny sellers pricing low (although arguably the latter IS a market force–just not necessarily one we account for a lot of the time). It’s always more fun to imagine that the top seller for … Continue reading Maximum Overbid: Sunset Surprise
Maximum Overbid: Did a Castro Condo Sell For $165 Million? (Spoiler: No, But We Can Dream)
Ordinarily the phrase “Maximum Overbid” is a figure of speech, but in this case it’s seemingly quite literal, as we have indeed recorded seemingly the highest overbid in the history of San Francisco; a shame it’s too good to be true. As you can see from the table below, 336 Cumberland Street, an enterprising Castro … Continue reading Maximum Overbid: Did a Castro Condo Sell For $165 Million? (Spoiler: No, But We Can Dream)
Just Sold: Richmond District; Noe Valley; Larkspur
So much great content coming out of theFrontSteps lately. It’s our continued effort to keep you and yours educated on all things San Francisco real estate, and beyond. But it’s closing deals for our wonderful clients that keeps food on the table and the stoke high. With that said, here are a couple recent closings … Continue reading Just Sold: Richmond District; Noe Valley; Larkspur
Maximum Overbid: When You Try To Lose But Win Anyway
This week’s number one overbid, 1559 18th Avenue, barely ekes its way into first place by clearing just over 152.5 percent of its asking price after a mere eight days on the market, which in any other context would sound incredible but in SF is really just normal, if you can wrap your brain around … Continue reading Maximum Overbid: When You Try To Lose But Win Anyway
In San Francisco, Spooky Addresses Scare Off Big Home Sales
It’s the haunted season, and even real estate can be scary–or at least, certain homes seem to have a talent for scaring buyers. As realtor gossip often has it, homes saddled with a supposedly sinister street number, like 13 or 666, are supposed to suffer depressed home values. But is it true, or just more … Continue reading In San Francisco, Spooky Addresses Scare Off Big Home Sales
Maximum Overbid: Faster Than a Speeding Bullet
Here’s an overbid riddle for you: When can being just average also make you the best? The answer: When you’re selling a home like 1826 23rd Avenue, far and away our top overbid for the week after closing for more than $1.52 million from a $899K asking price, a margin of well over 69 percent. … Continue reading Maximum Overbid: Faster Than a Speeding Bullet
Home Prices Soar Across Bay Area Since 2020
What does it cost to buy a house in San Francisco? It’s not an exaggeration to say that the world wants to know–SF real estate prices make headlines internationally all the time. In a raft of data just released by the California Association of Realtors, the median sales price of a house (not condo) in … Continue reading Home Prices Soar Across Bay Area Since 2020
Maximum Overbid: Riding Into the Sunset
Another week, another shockingly high San Francisco western neighborhoods overbid–or at least that’s how it feels sometimes. This week’s number one overbid is once again an Outer Sunset prospect, a three bed, two bath house at 2026 47th Avenue that originally listed for $995K but closed this week for $1.6 million, a spike of more … Continue reading Maximum Overbid: Riding Into the Sunset