Buyers are still aggressively pursuing prime real estate on the Presidio Wall. The property at 3140 Pacific Avenue recently hit the market asking $7,495,000. The transaction closed quickly for an astounding $12,000,000. Such a serious jump over the original asking price makes it clear that a trophy property commands serious attention… and deep pockets. The … Continue reading Maximum Overbid of the Week: Pacific Heights Home Sold for $4,505,000 Over Asking
Category: Overbids
Maximum Overbid of the Week in Marin: Tiburon Home Sold for $650,000 Over Asking
Marin County real estate is not slowing down anytime soon. Just take a look at this recent sale over in Tiburon on Hawthorne Drive. The property was originally listed for $2,000,000 and ended up closing for an impressive $2,650,000. That is a massive $650,000 over asking price. Buyers were clearly captivated by the single level … Continue reading Maximum Overbid of the Week in Marin: Tiburon Home Sold for $650,000 Over Asking
Maximum Overbid of the Week: St. Francis Wood Home Sold for $1,710,000 Over Asking
Buyers are routinely dropping an extra million dollars or more just to win a house in this city. Take a look at the mind-boggling sale at 70 San Pablo Avenue… This property hit the market at $2,995,000. Someone wanted it badly enough to pay $4,705,000. That translates to an overbid of $1,710,000. Standing on the … Continue reading Maximum Overbid of the Week: St. Francis Wood Home Sold for $1,710,000 Over Asking
Maximum Overbid of the Week in Marin: Ross Home Sold for $2,005,000 Over Asking
The final sales numbers just hit the records for the property on Sylvan Lane… Buyers completely blew past the initial asking price of $6,995,000. The property closed at a final price of $9,000,000. An overbid of more than $2,000,000 shows exactly how competitive things remain. This massive premium proves that buyers will act fast when … Continue reading Maximum Overbid of the Week in Marin: Ross Home Sold for $2,005,000 Over Asking
Maximum Overbid of the Week: Sherwood Forest Home Sold for $1,330,000 Over Asking
San Francisco real estate is witnessing an aggressive surge in million dollar overbids. This latest sale on Lansdale Avenue proves that buyers are willing to pay an incredible premium to secure the right property. Listed initially for $3,295,000, this English Cotswold estate closed at $4,625,000. That represents an additional payment of $1,330,000 above the asking … Continue reading Maximum Overbid of the Week: Sherwood Forest Home Sold for $1,330,000 Over Asking
Maximum Overbid of the Week in Marin: Greenbrae Home Sold for $655,000 Over Asking
Marin County real estate just witnessed a massive splash that shows exactly how intense the market can get. A waterfront home at 5 Elizabeth Circle in Greenbrae hit the market priced at $2,695,000 and closed quickly for $3,350,000. Buyers threw an extra $655,000 on top of the asking price just to secure this property. The … Continue reading Maximum Overbid of the Week in Marin: Greenbrae Home Sold for $655,000 Over Asking
Maximum Overbid of the Week in Marin: San Anselmo Home Sold for $600,000 Over Asking
People often wonder what happens when a fixer upper hits the market in Marin. This vintage 1931 Craftsman bungalow in San Anselmo just provided a definitive answer. Listed for a modest $600,000, the property drew immediate attention from everyone looking for a project. Escrow just closed at an astonishing $1,200,000. Yes, you read that right. … Continue reading Maximum Overbid of the Week in Marin: San Anselmo Home Sold for $600,000 Over Asking
Maximum Overbid of the Week: Marina Home Sold for $3,600,000 Over Asking
The real estate market in San Francisco continues to produce surprising results. The residence at 225 Marina Boulevard recently closed. Listed originally for $6,950,000, the property generated significant interest. Exactly 11 days after hitting the market, it sold for an astonishing $10,550,000. Buyers competing for this property pushed the final price $3,600,000 above the asking … Continue reading Maximum Overbid of the Week: Marina Home Sold for $3,600,000 Over Asking
Maximum Overbid of the Week in Marin: Ross Home Sold for $900,000 Over Asking
Buyers are still paying big premiums to get what they want. Take a look at 16 Southwood Avenue. This property hit the market and closed with a massive premium… buyers threw down an extra $900,000 to secure the deal. The final sale price hit $5,150,000 after starting at $4,250,000. It took just 11 days on … Continue reading Maximum Overbid of the Week in Marin: Ross Home Sold for $900,000 Over Asking
Maximum Overbid of the Week: Cow Hollow Townhouse Sold for $2,500,000 Over Asking
You really have to see the numbers to believe them. A gorgeous townhouse on Union Street just closed, and the overbid is completely astonishing. Originally hitting the market at $5,500,000, this property saw some serious action. It was only available for nine short days before going into contract. The final closing price? A massive $8,000,000. … Continue reading Maximum Overbid of the Week: Cow Hollow Townhouse Sold for $2,500,000 Over Asking
Maximum Overbid of the Week in Marin: Sausalito Home Sold for $705,000 Over Asking
Have you ever wondered what kind of property commands a massive premium in Marin right now? This week brings us a serious Maximum Overbid of the Week… and this specific listing is an absolute stunner. The famous Sausalito Butterfly House just closed for $3,000,000. Buyers pushed the final price a cool $705,000 over the original … Continue reading Maximum Overbid of the Week in Marin: Sausalito Home Sold for $705,000 Over Asking
Maximum Overbid of the Week: Corona Heights Home Sold for $1,377,000 Over Asking
Selling a home in San Francisco sometimes completely defies expectations. We see properties move fast, but the recent sale at Roosevelt Way truly commands attention… The list price was set at $2,098,000. After just fourteen days, the buyers closed the deal for an astonishing $3,475,000. That equals $1,377,000 above the asking price. Buyers and sellers … Continue reading Maximum Overbid of the Week: Corona Heights Home Sold for $1,377,000 Over Asking
Maximum Overbid of the Week in Marin: Stinson Beach Home Sold for $3,125,000 Over Asking
Ever wonder what an extra $3M gets you in Marin? We are talking about massive overbids… the kind that prove this market is still fiercely competitive for the right property. Take a look at a recent sale over in Stinson Beach. Set along a quiet stretch of Seadrift, a coastal modern home on Dipsea Road … Continue reading Maximum Overbid of the Week in Marin: Stinson Beach Home Sold for $3,125,000 Over Asking
Maximum Overbid of the Week: Inner Richmond Home Sold for $1,775,000 Over Asking
The property at 219 4th Avenue hit the market asking $3,625,000. Within one week it was gone. It recently closed for $5,400,000. We see big sales around here all the time … but getting $1,775,000 over asking in a single week is something else entirely. Buyers and sellers take note because this proves that the … Continue reading Maximum Overbid of the Week: Inner Richmond Home Sold for $1,775,000 Over Asking
Maximum Overbid of the Week: Pacific Heights Home Sold for $3,000,000 Over Asking
Pacific Heights just reminded everyone why San Francisco real estate never stops being wild. This stunning Edwardian at 2830 Buchanan Street hit the market at $6,000,000 and closed at $9,000,000 … a $3,000,000 overbid, cash, in just 11 days. That’s 150% of asking price, which, even by San Francisco standards, is a jaw-dropper. What made … Continue reading Maximum Overbid of the Week: Pacific Heights Home Sold for $3,000,000 Over Asking
Maximum Overbid of the Week: Cole Valley/Parnassus Heights Home Sold for $1,600,000 Over Asking
A remarkable sale just occurred that redefines the standard for modern luxury. This striking residence underwent a complete transformation by McElroy Architecture to create a masterwork of contemporary design. The highlight of the home is a massive retractable Fleetwood glass door system that erases the boundaries between the sleek interior and the lush garden… indoor … Continue reading Maximum Overbid of the Week: Cole Valley/Parnassus Heights Home Sold for $1,600,000 Over Asking