We’ll be pushing out our weekly list of top 10 Overbids tomorrow, but this one deserved a post of its own… We wrote about our triumph on 326 Capp, and tragedy on 3825 19th last week. In that post we made mention of where we thought 19th would sell. Well….she went…and she went BIG! Listed … Continue reading When $1MM Over List Isn’t Enough, Might As Well Go $1.2MM
Not to be outdone by any of the fixers clinching the top spot on a few of our previous top 10 Overbids — 1078-80 York, a two unit in San Francisco’s hot, hotter, hottest Inner Mission District, just closed for only $320,000 over ask. (People around the world scratching their heads thinking, “Is this guy … Continue reading Inner Mission Victorian Fixer Sells $320,000 Over List | In Knoxville That Buys You This…
There is a little something in our market, of which many buyers are not aware, and many agents overlook. I have long referred to them as “Stalefish“, but others refer to them as “buying opportunity” or “still available property”, or what we named (on theGoods) as the “30+ Club”. What are these, you ask? They … Continue reading Stalefish: You Won’t Believe Your Eyes
Below you will find important statistics for the past decade and a half on the luxury markets in District 5. The price point has reached $1.5M for an average home in Glen Park and more than $2M to own a home in Noe Valley and Eureka Valley. Note that the 2014 data are year-to-date, between … Continue reading Noe Valley – Eureka Valley Homes Cross $1000 per sqft, Glen Park home sales up 12% YOY
Here’s a shocker: 4369 21st, a single family home in Eureka Valley that was listed at $1,299,950 just sold for – wait for it – 19.23% UNDER asking. That is correct. Multiple offers came in, buyers lined up, ultimately a hefty Section 1 pest tab forced the seller to go with the all cash, easy … Continue reading Eureka Valley Home Sells For (Gasp!) Almost 20% UNDER Asking?
February 2014 San Francisco Market Report It is far too early in the year to reach definitive conclusions regarding substantive changes in the market, but there are indications of a number of shifts. From the hurly burly on the street, the word is that the quantity of offers coming in on new listings is declining. … Continue reading Possible Shift In San Francisco Real Estate Market? Should You Sell Your Home Now?