And the winner is…682 Duncan for a mere $625,000 over asking, and just shy of $1600 per square foot:
| Address |
BR/BA/Units |
DOM |
List Price |
Sold Price |
Overbid |
|
|---|---|---|---|---|---|
| 682 Duncan Street | 3/2.00/N/A | 12 | $1,050,000 | $1,675,000 | 59.52% |
| 430 Nevada Street | 2/1.00/N/A | 27 | $699,000 | $1,065,000 | 52.36% |
| 1520 15th Street | 2/1.00/N/A | 22 | $799,000 | $1,175,000 | 47.06% |
| 2219 25th Avenue | 2/1.00/N/A | 13 | $949,000 | $1,380,000 | 45.42% |
| 850 35th Avenue | 2/1.50/N/A | 38 | $950,000 | $1,380,000 | 45.26% |
| 1994 45th Avenue | 3/2.00/N/A | 28 | $799,000 | $1,130,000 | 41.43% |
| 195 7th Street | 0/1.00/306 | 38 | $299,000 | $415,000 | 38.80% |
| 1257 Union Street | 2/1.00/ | 12 | $1,195,000 | $1,650,000 | 38.08% |
| 1269 27th Avenue | 3/2.00/N/A | 19 | $1,108,000 | $1,510,000 | 36.28% |
| 136 Bradford Street | 4/2.00/N/A | 43 | $899,000 | $1,225,000 | 36.26% |
Did you notice that little (291 square feet) sale for $415,000 at 195 7th Street?
As many of you know, I’ve been doing this Maximum Overbid feature for about 12 years running, maybe more. It started on sfnewsletter…it actually started sfnewsletter. Then I started posting the Maximum Overbids here, sometimes regularly, sometimes not. As much as these stats are great information, and surely get you scratching your head, they are not an indication of the market as a whole, and I know that very well. That is why I share not only the top 20 Overbids, but also Underbids, as well as properties still on the market more than 30 days. I share new listings of the past two weeks, as well as recent sales…not just overbids. I share this awesome information via The Goods. And in case you haven’t noticed, I share a sh*t ton of other data too.
I do all of this so you, the buyer, the seller, the renter, the owner, the neighbor, the landlord, the whatever you are, can educate yourself on properties and activity in your area. I’ve always felt it is important for you to know as much, or more than me about the market. If you appreciate this information, I encourage you to contact me when you, or anyone you know, are ready to buy or sell real estate. I encourage you to sign up for sfnewsletter, and I encourage you to follow this blog via email (opt-in form is below).
I am an expert at marketing property to get top dollar, and an expert at getting offers accepted for buyers, and I’d love to work with you. I’m no good at juggling and basketball, so don’t ask me to help you with that.
Have a great weekend!
Alex Clark
Paragon Real Estate Group
[email protected]
415-254-5351