[Update: As of 6/13/2008 at 8pm, it is again available. The buyers in contract pulled out, my buyer has had a change of heart feeling SoMa is a bit “dead”, so we won’t be writing an offer at this time, and now we wait to see what happens.] I can’t believe what I’m writing. Months … Continue reading 188 Minna #33D (St. Regis) in contract (~$3.7M) after one week…are you kidding me!?
Category: Condominium
Penthouse views at Pre-Foreclosure pricing! (1254 Washington)
Perhaps the marketing remarks say it all: “Amazing opportunity. Pre-foreclosure sale of a European style Nob Hill penthouse with spectacular views of the city & bay. This is a 6 room Edwardian flat in need of some serious TLC, but is a one of a kind unit and must be sold now!” Is that pre-foreclosure … Continue reading Penthouse views at Pre-Foreclosure pricing! (1254 Washington)
We tried to tell you, 188 Minna #33D at the St. Regis hits the block
We did try to tell you, and a couple of people responded, with whom we might be writing an offer on this unit at the St. Regis , but for those that missed it, you’re day has come too. Unit 33D at the St. Regis hits the block for $3,725,000 and it is sweet! Glad … Continue reading We tried to tell you, 188 Minna #33D at the St. Regis hits the block
Stats & Numbers: Condos April ’07 vs. April ’08
From Garrett, muchas Gracias! District Map (PDF) Condominiums District 1 Apr-07 Apr-08 Number of Sales 5 11 Median Selling Price 975,000 1,065,000 Average DOM 32 31 District 2 Apr-07 Apr-08 Number of Sales 4 0 Median Selling Price 712,000 Average DOM 45 District 3 Apr-07 Apr-08 Number of Sales 2 4 Median Selling Price 652,000 … Continue reading Stats & Numbers: Condos April ’07 vs. April ’08
A done deal at 200 Brannan (#109)
Oh it’s just so awful when a property sells for under asking. The world of San Francisco real estate has certainly come to an end when we start to see this. We can all pack our things and head for more affordable, greener pastures. That is, of course, unless you love yourself some loft! After … Continue reading A done deal at 200 Brannan (#109)
Views from the 5*th Floor of One Rincon Hill
We took you to this very floor a long, long time ago before it had walls (right after an earthquake mind you), and we took you there again just recently. This time, we’re bringing you a taste of what life will be like on top and from a North East corner unit…at night…and guess what? … Continue reading Views from the 5*th Floor of One Rincon Hill
a little sale in a BIG development (Symphony Towers)
Lest you think we focus exclusively on the high end of the spectrum, we thought you’d like to know about the low end (in price, not quality…size doesn’t matter either, right?) An itsy bitsy studio at the Symphony Towers recently closed escrow for a reported price of $349,000 (asking $399,000).
Stats & Numbers: Condo Sales March ’07 vs. March ’08
From Garrett: District Map (PDF) Condominiums District 1 Mar-07 Mar-08 Number of Sales 13 9 Median Selling Price 889,000 980,000 Average DOM 24 58 District 2 Mar-07 Mar-08 Number of Sales 4 3 Median Selling Price 895,000 766,000 Average DOM 16 73 District 3 Mar-07 Mar-08 Number of Sales 3 0 Median Selling Price 475,000 … Continue reading Stats & Numbers: Condo Sales March ’07 vs. March ’08
A failed flip at One Rincon Hill, and what we know about high rise “resales”
Truth be told, I recently had a client in contract to “take over” a unit above the 50th floor at One Rincon Hill from a “seller” that had purchased their unit via the sales office on the very first night said sales office opened. Yes, that means it was an attempted “flip”, a “cancellation”, a … Continue reading A failed flip at One Rincon Hill, and what we know about high rise “resales”
2956 Webster: 8 Offers, 4 Cash, 1 Winner, 7 Losers
From sfnewsletter: We’re really trying to stop publishing these things, but they just keep coming up. This week we have 2956 Webster in the oh so popular Cow Hollow District. This is a 2 bed, 2 bath condominium that was asking $1,279,000 was absolutely swarmed, received eight (yes 8 ) offers, four of them all … Continue reading 2956 Webster: 8 Offers, 4 Cash, 1 Winner, 7 Losers
1501 Greenwich: an update
Regarding 1501 Greenwich, per an email blast we just received, “9 UNITS IN CONTRACT SINCE FRIDAY, FEBRUARY 15TH!” (Caps are theirs, not ours).
Ask Us: Converting from Condo to Duplex or Single Family
Where readers ask and we try to answer: Looking to understand how to change a 2 unit condo (1 building, 2 separate addresses, 1 owner) to a duplex or single family residence. How this happened: We bought the upstairs, and when the bottom unit became available we bought the bottom unit. Problem: Now deemed “unwarrantable” … Continue reading Ask Us: Converting from Condo to Duplex or Single Family
Nothing special, just two days on market and almost gone (1914 Filbert #C)
You must be kidding! Two days on the market and already in contract? 1914 Filbert #C asking $1,395,000. Yours truly tried to sell the middle unit of this building about three years ago, and at that time there were age restrictions on the property (if memory serves correctly). Not sure if they’ve been lifted, but … Continue reading Nothing special, just two days on market and almost gone (1914 Filbert #C)
Is Millennium Tower setting records?
Right when we’re about to fill you all in as to some records the Millennium might be setting (we’re talking price per square foot of an empty shell sold), the Chronicle goes and scoops us (at least we know they’re working). Not to fear, if you’ve been reading theFrontSteps for a while you would have … Continue reading Is Millennium Tower setting records?
It’s a pocket listing kind of post
If you, or anyone you know, are interested in any of the following, please contact us: -Lake Street SFR 6 bed, 3.5 Bath, 2 car parking $2.6M -Russian Hill Condo on Polk St. 2 bed, 1 bath, no parking $995k -South Beach Condo (88 King), 3 bed, 2.5 bath, pano view, 1 car parking, $2M … Continue reading It’s a pocket listing kind of post
SOMA New Developments on one (well two) cool maps and a lesson on foreign buyers
Today we take (with permission of course) from Malcolm Kaufman’s recent Pulse of the Market (Pulse 57 View from Abroad), and bring you some great maps on the recent and upcoming SOMA Developments as well as a lesson on foreign buyers and their buying potential: — Malcolm also brings us some great insight on the … Continue reading SOMA New Developments on one (well two) cool maps and a lesson on foreign buyers