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]