Maximum Overbid: “The Worst House” Doubles Its Money


Sometimes the real estate game is simple: All you have to do is predict the future. That doesn’t require any special powers–just a reasonably good sense of the way things are going. Case in point, back in September we featured 320 Day Street, a crumbling fixer advertised as “the worst house on the best block” … Continue reading Maximum Overbid: “The Worst House” Doubles Its Money

Maximum Overbid: A New Year’s Fixer Breaks Bank


There’s nothing quite like the first overbid of the new year–in this case because it’s actually a fairly modest affair all around. The two bed, one-bath circa 1930 house at 2626 23rd Avenue sold this week after just a little over a month on the market for more than $1.5 million, or more than 134 … Continue reading Maximum Overbid: A New Year’s Fixer Breaks Bank

Maximum Overbid: A Recession Repeat Finally Wins Big


With the holiday weekend upon us–where did the time go?–not as many homes closed this week, as SF saw about 100 sales in all since last Friday. But that doesn’t mean anyone was slacking in the bidding department, as the number one taker, a two bed, two bath Inner Sunset house at 1443 16th Avenue, … Continue reading Maximum Overbid: A Recession Repeat Finally Wins Big

Maximum Overbid: A Sunset Switcheroo


If someone were paying VERY close attention to the 1800 block of 45th Avenue, they might be surprised that our top overbid for the week is 1826 45th Ave. Not because of anything to do with the house itself, but simply because this place just sold previously eight months earlier, clearing $1.2 million back in … Continue reading Maximum Overbid: A Sunset Switcheroo

Maximum Overbid: Breaking a Tie


For the second week in a row our biggest overbid lies on the westernmost edge of Noe Valley, and for the first time in memory it’s not a house but a condo. At 15 Perego Terrace a three bed, two bath setup took just under two weeks to score $1.7 million, well over the initial … Continue reading Maximum Overbid: Breaking a Tie

Maximum Overbid: Peaks In Valleys


The time has come once again to follow the money with Maximum Overbid, our weekly column examining just how much SF buyers went above and beyond when paying for a home. And for the first time in literally months, the top overbid for the week did NOT happen in the Sunset; instead it’s a Noe … Continue reading Maximum Overbid: Peaks In Valleys

Maximum Overbid: Stuffed With Thanks


This being a short week with a holiday, you’d imagine it wouldn’t be as busy on the homes front. And you’d be right; whereas an average of 161 homes closed each week in 2021 thus far, for the past seven days it was just 91. With things a little bit quiet, maybe this is an … Continue reading Maximum Overbid: Stuffed With Thanks

Maximum Overbid: When Nothing Changes But The Sale Price


The home team came really close to number one spot this week’s rankings, after the Front Steps sale of 264 24th Avenue scraped up against a million dollars over the listing price after just 11 days on the market. But the biggest winner actually closed the deal last Friday on the other side of Golden … Continue reading Maximum Overbid: When Nothing Changes But The Sale Price

Kinda knocked it outta the park on this one


Months of preparation paid off after two weeks on the market, 9 offers, and $905,000 over asking (and we’re STILL not the top Overbid…how insane is that!?)…764 24th Ave is sold, and sold for $2,900,000. Details of the property can be found by following this link. I had the pleasure of helping my clients spruce … Continue reading Kinda knocked it outta the park on this one

Maximum Overbid: Sunset Surprise


Overbids are entertaining, but skeptical housing watchers always have to wonder whether they’re the result of real market forces or just canny sellers pricing low (although arguably the latter IS a market force–just not necessarily one we account for a lot of the time). It’s always more fun to imagine that the top seller for … Continue reading Maximum Overbid: Sunset Surprise

Maximum Overbid: Did a Castro Condo Sell For $165 Million? (Spoiler: No, But We Can Dream)


Ordinarily the phrase “Maximum Overbid” is a figure of speech, but in this case it’s seemingly quite literal, as we have indeed recorded seemingly the highest overbid in the history of San Francisco; a shame it’s too good to be true. As you can see from the table below, 336 Cumberland Street, an enterprising Castro … Continue reading Maximum Overbid: Did a Castro Condo Sell For $165 Million? (Spoiler: No, But We Can Dream)

Maximum Overbid: When You Try To Lose But Win Anyway


This week’s number one overbid, 1559 18th Avenue, barely ekes its way into first place by clearing just over 152.5 percent of its asking price after a mere eight days on the market, which in any other context would sound incredible but in SF is really just normal, if you can wrap your brain around … Continue reading Maximum Overbid: When You Try To Lose But Win Anyway

Maximum Overbid: Faster Than a Speeding Bullet


Here’s an overbid riddle for you: When can being just average also make you the best? The answer: When you’re selling a home like 1826 23rd Avenue, far and away our top overbid for the week after closing for more than $1.52 million from a $899K asking price, a margin of well over 69 percent. … Continue reading Maximum Overbid: Faster Than a Speeding Bullet

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

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

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