You read that correctly, 2224 Jackson Street, a Pacific Heights trophy three unit property listed at $2,095,000, just knocked out last week’s stunner at 2514 Gough (Sold $1.4M over), to take the cake for most insane insanity ever in real estate anywhere, ever, by selling for $1,706,000 over asking price, or a grand total of … Continue reading Pacific Heights Property Fetches $1,706,000 Over 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?
Twenty-nine fifty Broadway sold “off market” last month for $35,000,000. [Photo Source: SocketSite] As reported on SocketSite today: “Hidden behind non-disclosure agreements and tax records stamped “DO NOT FILM,” you’re not supposed to know about the sale of 2950 Broadway which was purchased for $29,500,000 in 2011, remodeled a little last year, and very quietly … Continue reading REALLY Expensive Real Estate…Like $35,000,000
The San Francisco housing market continues to heat up, as evidenced by the increasing sale prices of homes in the city. Compared to one year ago, the median price for a single-family home rose by 10.6 percent to $785,000. And, with a limited supply of homes for sale, the city has remained a seller’s market, … Continue reading San Francisco Housing Market Continues to Strengthen
Where on Earth!? Right here, 2821-2823 Broderick, San Francisco, CA 94123. As if $1,000,000 over asking wasn’t enough, how about a two (yes 2) day close of escrow. Still shows Pending in MLS, so look for it to close on Tuesday. How do I know? “A legit friend of mine offered $3.515 and didn’t get … Continue reading One Million Dollars Over Asking. Market “Crazier Now Than In ’05 And ’06”
Somebody has certainly turned the tap on with regards to San Francisco real estate. Case in point (like we need to see more), 1998 Broadway #1007. I just called on this Pacific Heights property to get an appointment for a client to take a look at it next Tuesday. How foolish of me to think … Continue reading It Is Certainly Brisk Out, And We’re Not Talking Weather