Home Prices Soar Across Bay Area Since 2020


What does it cost to buy a house in San Francisco? It’s not an exaggeration to say that the world wants to know–SF real estate prices make headlines internationally all the time. In a raft of data just released by the California Association of Realtors, the median sales price of a house (not condo) in … Continue reading Home Prices Soar Across Bay Area Since 2020

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

Mammoth Mill Valley A-Frame Asks $1.15 Million


We’ve talked before about the nearly cult-like fascination some people have with A-frame homes, spurred in large part by the muscular simplicity of their design and their association with remote NorCal locations, American post-war prosperity, and 20th century nostalgia. But not every home of a certain style has to fit the formula: In the case … Continue reading Mammoth Mill Valley A-Frame Asks $1.15 Million

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

Before & After: 1890 Castro Victorian Renovation


Sellers love to push the “r-words”: “renovate,” “refurbish,” “remodel.” Sometimes this is a practical consideration: Certain homes really could do with a new look and more modern sensibilities. Other times it’s simply a shrewd marketing move: People feel motivated to buy things that are new, and University of Western Ontario, Canada researchers find that one … Continue reading Before & After: 1890 Castro Victorian Renovation

Maximum Overbid: Top Sellers Close After Two Weeks Or Less


Even when we’re talking about overbids, money isn’t everything. After all, the most valuable commodity of all is time. Case in point, this week’s top overbid, a three bed, one bath circa 1943 house at 1735 39th Avenue, which listed for just under $1.1 million and closed this week for $1.6, more than 46 percent … Continue reading Maximum Overbid: Top Sellers Close After Two Weeks Or Less

PG&E Building Deal To Oust Famous Falcons From Roof Nest


The big news downtown is that Hines, the developer that bought the longtime headquarters of embattled power utility Pacific Gas & Electric Company (PG&E) for $800 million back in May, plans to redevelop the entire block and create a new, 800-foot building with over 700 homes. That’s all well and good, but the question remains: … Continue reading PG&E Building Deal To Oust Famous Falcons From Roof Nest

What Does It Really Cost to Rent In San Francisco?


For the second month in a row–and for only the second time in the history–the SF-based rent platform Zumper says New York and not San Francisco is the most expensive place to rent a one-bedroom apartment. This time, SF is a full $150 behind NYC (last month it was a mere $10 difference), with an … Continue reading What Does It Really Cost to Rent In San Francisco?

Rich People Are Still Buying Homes In the Sinking, Tilting Millennium Tower


Last week saw the news of still more structural problems in the sinking and tilting Millennium Tower, which is now seeing some plumbing problems due to its uneven settling. It’s just more bad news for this top-dollar building with rock-bottom problems. What’s interesting though is that even after five solid years of basically nothing but … Continue reading Rich People Are Still Buying Homes In the Sinking, Tilting Millennium Tower

Barren Glen Park Lot Becomes $5.3 Million Home


They grow up so fast. Just two years ago, Glen Park’s 80 Thor Avenue was a weedy, overgrown lot about the size of a standard tennis court, as it had been for years. That was when its owners put it up for sale, seeking a hopeful $1.85 million, with the addition of permits for an … Continue reading Barren Glen Park Lot Becomes $5.3 Million Home

Maximum Overbid: Great Recession Loser Returns With a Vengeance


Sometimes an overbid gives you perspective on the past as well as the current market–and boy can perspective knock you for a loop. Case in point, this week’s number one spillover is 2242 17th Avenue, a three bed, three bath Parkside house that sold this week for more than $2.2 million, 47-plus percent more than … Continue reading Maximum Overbid: Great Recession Loser Returns With a Vengeance