“Don’t let the address fool you,” the new ad for 1168 Fell Street warns prospective buyers, assuring everyone that although this three bed, three bath home is technically qualified as a condo, it’s really “fully detached and sits in the rear of the lot.” Does the concept of a detached condo even make sense? Well, … Continue reading What a “Detached” Home Really Means In San Francisco
Category: Neighborhoods
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
Joining San Francisco’s Elusive Under $700K Club
Some clubs are even more exclusive than we would like for them to be, as is the case with San Francisco’s Under $700K Club, the place where you can buy a home for (slightly) less. This one bed, one bath condo at 250 King Street (the Beacon building) just joined up this week, sliding under … Continue reading Joining San Francisco’s Elusive Under $700K Club
This Mission Triplex Illustrates the Truth About SF Rents
It’s now become proverbial wisdom that San Francisco has the highest rents in the US, after years of soaring prices driven by a combination housing shortage and population boom. Problem is, that wisdom is just plain not true; while SF’s market rents have indeed shot to the moon and beyond in the past decade, and … Continue reading This Mission Triplex Illustrates the Truth About SF Rents
Soaring Alamo Square Victorian Quadruples In Price
Just so we’re clear, 850 Steiner Street, the four bed, six bath, dramatically turreted Victorian that went up for sale today asking more than $5.12 million, is not one of the most famous houses in San Francisco. But it is close; as in, geographically, it’s extremely close to the Postcard Row Victorians on Steiner street–just … Continue reading Soaring Alamo Square Victorian Quadruples In Price
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
When SF Realtors Kicked Out Our City Cemeteries
As Halloween weekend looms, our usually very atmospheric metro is missing a certain extra gothic flourish that most cities boast: Other than a couple of historic graveyards in the Presidio and Mission Dolores, San Francisco has no cemeteries within its boundaries. And yes, this is because of real estate. Contrary to popular belief, SF never … Continue reading When SF Realtors Kicked Out Our City Cemeteries
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
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
Another off market deal closed…in the Sunset
Pleased to report yet another successful off market find for our buyers. After submitting countless offers on countless properties we were contacted by an agent who knew we do a lot of business in the Sunset and Richmond districts. The sellers were originally looking for $1,800,000, which was not going to happen, so we waited … Continue reading Another off market deal closed…in the Sunset
Barbary Lane: The Most Famous SF Street That Doesn’t Exist
Macondray Lane is a narrow Russian Hill alleyway that branches off of Leavenworth, just north of Green Street. It’s a pleasant greenbelt with great views (most of it traversable only on foot), but seemingly unremarkable. And yet, this is actually one of the most famous streets in San Francisco–or rather, it’s the nearest proxy for … Continue reading Barbary Lane: The Most Famous SF Street That Doesn’t Exist
Condos Selling at Hayes Valley Development Featured In Bribery Scandal
There are new listings for condos at 555 Fulton Street in Hayes Valley–and if that address rings a bell, oh boy, should it ever. The long-delayed 555 Fulton project was the eye of the storm in the bribery scandal that engulfed the Department of Public works in 2020, the full ramifications of which are still … Continue reading Condos Selling at Hayes Valley Development Featured In Bribery Scandal
Maximum Overbid: The Telltale Bargain
When is a bargain not quite what it seems? When it turns into an overbid instead. That’s what happened with this week’s top overbid at 2358 41st Avenue. This two bed, one bath, Outer Sunset setup listed for $1.09-plus million less than two weeks ago, advertised as a “great price,” and closed out for $1.5 … Continue reading Maximum Overbid: The Telltale Bargain
Why SF Might Be Buying Homeless Hotels On Your Block
Chances are most people weren’t paying attention to Wednesday’s meeting of the Board of Supervisors’ Budget & Finance Committee (the name alone is enough to discourage most potential viewers), but one vote could end up having a profound impact on your neighborhood. We’ll break it down for the benefit of anyone who wasn’t there: What … Continue reading Why SF Might Be Buying Homeless Hotels On Your Block
SF’s Oldest Home Listing Dumps $10 Million Off Price
Some things get better with age; home listings are not usually reckoned one of them, but there are exceptions. The penthouse at 1080 Chestnut Street is currently the oldest public San Francisco home listing, having gone on the market way back in October of 2019; in fact, in two weeks it will be precisely two … Continue reading SF’s Oldest Home Listing Dumps $10 Million Off Price