We spend a lot of time talking about high overbids, so it’s always interesting when a significant property sells for the opposite. A unit at 181 Fremont Street (Residence 66A) just closed escrow for $6,000,000. The asking price for this one was $6,300,000. That’s a $300,000 discount for the buyer. For a property like this, … Continue reading Massive Underbid of the Week: A $300K Price Drop at 181 Fremont
Category: Yerba Buena
Just Sold! 16 Jessie St #205 | Yerba Buena | SOLD $1,300,000
I always like seeing units in this building, and we just closed on this great corner loft at 16 Jessie St. This place has a great backstory. It was originally an ice house built in 1906 and was converted to lofts in 2010. The developers did a nice job keeping the original brick and steel, … Continue reading Just Sold! 16 Jessie St #205 | Yerba Buena | SOLD $1,300,000
Just Listed! 16 Jessie St #205 | Yerba Buena | $1,275,000
You see a lot of new construction around the city, and after a while, all the floor-to-ceiling glass and flat-panel cabinets start to look the same. They’re nice, but they don’t have much of a story. Then a place like 16 Jessie Street comes along and reminds you that some buildings have real character built … Continue reading Just Listed! 16 Jessie St #205 | Yerba Buena | $1,275,000
Just Listed! 16 Jessie St #205 | Yerba Buena | $1,275,000 | Off-Market
You see a lot of new construction around the city, and after a while, all the floor-to-ceiling glass and flat-panel cabinets start to look the same. They’re nice, but they don’t have much of a story. Then a place like 16 Jessie Street comes along and reminds you that some buildings have real character built … Continue reading Just Listed! 16 Jessie St #205 | Yerba Buena | $1,275,000 | Off-Market
Inner Mission Victorian Fixer Sells $320,000 Over List | In Knoxville That Buys You This…
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…
San Francisco Condominium Real Estate Apprecation since 2011
The information below is provided by Paragon Real Estate Group, enjoy: In the last 5 years, San Francisco real estate market rebounded and went crazy hot, but how much did it really appreciate? Below is a great analysis from Paragon that shows you the data using median sales price. This post is specific to condominiums, … Continue reading San Francisco Condominium Real Estate Apprecation since 2011
Top 10 Underbids | Would You Believe 20% UNDER Asking In Bernal?
The market is cooler…no doubt.. Is it seasonal, or longer term? Time will tell. As you saw last week, Overbids are still rampant, but more and more emails are coming to me, “Still Available”, “Offers as they come”, “Motivated Seller”, etc. Could we be approaching the year of the buyer? Out of the 10 Underbids … Continue reading Top 10 Underbids | Would You Believe 20% UNDER Asking In Bernal?
Maximum Overbids Step Aside…Meet The Underbids
For nearly a decade (maybe more), I’ve blogged about overbids. It’s tiring. It’s time for something new. Last week I mentioned condo prices dropping 3% from August to September, and I’m not saying the market is crashing, but you should be aware that not EVERYTHING sells over asking, including the oh-so-rare single-family home. That’s right, … Continue reading Maximum Overbids Step Aside…Meet The Underbids
“Best Agent, Bar None, In San Francisco”
Recently, I had the pleasure of representing my client in the sale of his condominium in one of the most sought after locations and buildings in downtown San Francisco. Many people refer to this area as SOMA, some refer to it as FiDi (Financial District), some as the Barbary Coast, and others still as Yerba … Continue reading “Best Agent, Bar None, In San Francisco”