We had to put the battle armor on to get this one (232 Precita in Bernal Heights)…with 12 offers, and negotiations happening at light speed. We offered much lower than the final sales price (given the uncertainty in the market), but had to change our thinking, and change it fast. (This is exactly what I … Continue reading Bernal Heights Home On Large Lot Gets 12 Offers, Sells In 5 Days
Pricing a Single Family Home… in Bernal Heights… on a hot street… at $899,000? Come on! Well, you get the top spot on this week’s Top 10 Overbids, and the buyer gets some sweet a$$ green carpet, a vintage kitchen, and linoleum floors for the ages… Address BR/BA/Units DOM List Price Sold Price Overbid 257 … Continue reading Might As Well Just Price Homes At $1
Would you look at that…the #1 Overbid of the week is not a fixer! It’s a been a while for that, but we’re pleased to report the market is strong…very strong for any reasonably good property in any reasonably good neighborhood of San Francisco, which is pretty much everywhere now. This property (160 Santa Marina) … Continue reading From $899,000 To $1,400,000 | Holy (160) Santa Marina!
Architecture, views, probates, penthouses, lofts, TICs, luxury homes, mortgage rates, sales prices, market cycles, and everything else we could think of in a look back on 2015. A neighborhood map of San Francisco is included at the bottom of this report for your convenience.
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?
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 … Continue reading Maximum Overbids Of the Week | $625,000 Over In Noe Valley | 291 Square Foot Studio Sells For $415,000