Overbids, $6MM Underbid, Pocket Listings, And Everything You Need For A Friday…


Before you dive into this list of top 10 Overbids for the week, make sure to check this Underbid of the Decade (former residence of Nicolas Cage). Top 10 Overbids Week ending 4/5/19: Address BR/BA/Units DOM List Price Sold Price Overbid 36 Rico Way 2/2.00/ 22 $999,000 $1,575,000 57.66% 446 Hearst Avenue 1/1.00/N/A 26 $899,000 … Continue reading Overbids, $6MM Underbid, Pocket Listings, And Everything You Need For A Friday…

Coming Soon! And, Coming Later!


Realtor Kevin Gueco writes a very sunny review for the coming soon Mosiaica 601 condo project (pictured above) in his SFNewDevelopments blog. There’s definitely some room for pleasant surprise in the announced price  (pleasant to me, anyway, since I selfishly find all condos I cannot afford to be unpleasant): “Mosaica 601 announced last week that … Continue reading Coming Soon! And, Coming Later!

New Developments Face a New Reality in SF


  I’ve heard from multiple sources that SF real estate is, for the most part, immune to the havoc wreaked on other parts of the US. But sales at our most recent condo complexes show that happy-smile-don’t-worry line of rhetoric is about as reliable as the clown’s was in Poltergeist (Happy Halloween!).     Socketsite … Continue reading New Developments Face a New Reality in SF

2801 Lake returns, new price, new look


In case you don’t get sfnewsletter: All it takes is to remove the clutter (before shots)… adjust the price (sold in Dec ’07 for $2,580,000 after some massive price reductions) to get it sold, call in the contractors and voila…the after: 2801 Lake Street (after shots), a 5 bed, 4 bath remodeled home in Sea … Continue reading 2801 Lake returns, new price, new look

St. Regis, 188 Minna #33D, Back on Market!


So you heard me complain, and cry, and moan that my clients missed out on unit 33D at the St. Regis. Well, now it’s back on the market, still $3,695,000, still spectacular, and still available. The buyer, which just so happened to be represented by the seller’s agent as well, has walked (the wife claiming … Continue reading St. Regis, 188 Minna #33D, Back on Market!

188 Minna #33D (St. Regis) in contract (~$3.7M) after one week…are you kidding me!?


[Update: As of 6/13/2008 at 8pm, it is again available. The buyers in contract pulled out, my buyer has had a change of heart feeling SoMa is a bit “dead”, so we won’t be writing an offer at this time, and now we wait to see what happens.] I can’t believe what I’m writing. Months … Continue reading 188 Minna #33D (St. Regis) in contract (~$3.7M) after one week…are you kidding me!?

We would have taken it for the garage (2820 Pacific: a done deal ~$16M)


In another sign of the times at the high end, 2820 Pacific closes escrow with that damn little asterisk next to the price $16,000,000 (*), which can only tell us the sales price was close.  Not too close to the original $17,500,000 asking, but up there nonetheless. Like we said, we would have taken it … Continue reading We would have taken it for the garage (2820 Pacific: a done deal ~$16M)

6 units in Alamo Square: an update


Not too long ago we reported on some properties that were near and dear to our wallets, literally. True to our word, we report the good, the bad and the ugly. So we again, bring a sad story on what can happen in this market. The property is 869-879 Grove, a 6-unit building in the … Continue reading 6 units in Alamo Square: an update

One Rincon Hill: Time Capsule and Construction Update


We get a few inquiries as to what exactly went inside the so called “time capsule” that will be placed on top of One Rincon Hill. Well, according to One Rincon Hill’s Fall Newsletter, in which theFrontSteps actually has a couple photo credits: [The time capsule] will be installed in an electrical room on the … Continue reading One Rincon Hill: Time Capsule and Construction Update

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]

Various Updates (Alhambra, Sea Cliff, 22nd, Sacramento, Douglass, 27th, and more)


Our readers have been asking in various places about some properties we featured as of late. Since so many have asked so nicely here you go: 3280 22nd St @ Valencia, the “green” building that all the blogs were all hot about and many claiming wouldn’t sell. Guess what? Last week, in the middle of … Continue reading Various Updates (Alhambra, Sea Cliff, 22nd, Sacramento, Douglass, 27th, and more)

“A Tale of Two Districts”: Update


On July 3rd, “eddy” sent in a great post (A Tale of Two Districts) comparing two similar properties in different locations, and whether or not one would sell faster than the other. The answer is clear, and not surprising. 689 Douglass, a 4 bed, 3.5 bath, single family home in Noe Valley asking $1,895,000 set … Continue reading “A Tale of Two Districts”: Update

3130 Pacific, Priced to sell at $12,495,000 and sold at $14,000,000


A little update on the little house on the Hill, 3130 Pacific that spent a whopping seven days on the market…It is sold, multiple offers for $14,000,000, or roughly 12% over, and a healthy price per square foot of $1,697.  [Update: We almost forgot…CASH!] You heard it here first. [Second Update: The lots were sold … Continue reading 3130 Pacific, Priced to sell at $12,495,000 and sold at $14,000,000