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
Tag: Maximum Overbid
Might As Well Just Price Homes At $1
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
Tight Inventory, Top 10 Overbids, and 7 Off Market Listings
Currently, there are exactly 167 Single Family Homes for sale in the entire city of San Francisco…from the Marina District down to Visitacion Valley. Of those, only 42 hit the market in the last week, and some have actually been on the market more than 30 days (I call them Stalefish, and that’s where you … Continue reading Tight Inventory, Top 10 Overbids, and 7 Off Market Listings
Maximum Overbid of the Week | West Portal 2 Bed Gets 42% Above Asking
We can talk about under-pricing all day long, but the fact is buyers keep taking prices higher and higher, and the last time I checked, inventory remains crazy low. Open house traffic to pretty much any single family home in the city remains brisk (borderline mob scene), and condos in great locations are just about … Continue reading Maximum Overbid of the Week | West Portal 2 Bed Gets 42% Above Asking
$682,000 Over Asking in the Outer Sunset to End the Year
You thought I was going to let you finish out the year without one final Overbid stunner, didn’t you? I actually tried, but then it didn’t snow (Supreme Leader says it’s cold, so Global Warming is not a real thing), so I was left with a choice of skiing man-made ice, or sit down and … Continue reading $682,000 Over Asking in the Outer Sunset to End the Year
217 Single Family Homes For Sale In San Francisco … Right Now … That’s It
In the past 7 days, there have been only 23 single family homes come on the market in ALL of San Francisco…16 of those homes hit the market today. Total, there are currently only 217 single family homes “active” for sale in ALL of San Francisco, a city of around 865,000 permanent residents. There are … Continue reading 217 Single Family Homes For Sale In San Francisco … Right Now … That’s It
Just Shy of $1,000,000 OVER Asking…and Nine Other Overbid Head Spinners
It’s kind of like an “own-goal” in Soccer (Internationally referred to as Football)…sometimes you just gotta put your head down and accept the disbelief… San Francisco’s Top 10 Overbids, with 1 Miguel on top selling just shy of a staggering $1,000,000 over asking: Address BR/BA/Units DOM List Price Sold Price Overbid 1 Miguel Street 3/2.50/N/A … Continue reading Just Shy of $1,000,000 OVER Asking…and Nine Other Overbid Head Spinners
Maximum Overbids of the Week | Top 10
Multiple properties still selling 30% plus over asking, all over San Francisco… Address BR/BA/Units DOM List Price Sold Price Overbid 114 Congo Street 2/2.00/N/A 12 $859,000 $1,285,000 49.59% 1571 31st Avenue 3/1.00/N/A 15 $938,000 $1,365,000 45.52% 2454 30th Avenue 2/1.00/N/A 9 $995,000 $1,427,000 43.42% 2169 26th Avenue 4/2.50/N/A 0 $1,495,000 $2,100,000 40.47% 1665 17th Avenue … Continue reading Maximum Overbids of the Week | Top 10
No Real Surprise: Homes Still Selling Way Over Asking
It’s Friday! You made it to the end of the week, and if you’re like me, you made it to the beginning of the school year. Although, I will say, entertaining those kids of mine is a helluva lot more fun than sending emails and blogging…but I’m not complaining. Anyway, you made it to Friday, … Continue reading No Real Surprise: Homes Still Selling Way Over Asking
San Francisco Real Estate’s Top 10 Overbids Week Ending 5/19/17
I know it’s hard to top the blog I just posted about the letters from buyers’ children to sellers, but it is Friday after all, and I know you like your Overbids, so here you go… San Francisco’s Top 10 Overbids: Address BR/BA/Units DOM List Price Sold Price Overbid 2654 15th Avenue 2/1.00/N/A 10 $995,000 … Continue reading San Francisco Real Estate’s Top 10 Overbids Week Ending 5/19/17
The List That Just Won’t Quit | San Francisco’s Top 10 Overbids Of The Week
To say the Richmond District single family home market is hot right now is a wee little understatement. It’s white hot. Overbid of $712,000 aside, it’s another $1100 per square foot sale in an area of town previously undiscovered and overlooked. I guess the secret is out… Address BR/BA/Units DOM List Price Sold Price Overbid … Continue reading The List That Just Won’t Quit | San Francisco’s Top 10 Overbids Of The Week
Top 10 Overbids And Some Very Interesting Outer Sunset / Parkside Data
It’s that time… Top 10 Overbids Of the Week Address BR/BA/Units DOM List Price Sold Price Overbid 165 Vasquez Avenue 3/1.25/N/A 12 $1,050,000 $1,703,000 62.19% 1846 38th Avenue 2/1.00/N/A 12 $898,000 $1,255,000 39.76% 3537 Lawton Street 3/3.00/N/A 11 $1,095,000 $1,525,000 39.27% 1534 17th Avenue 3/1.00/N/A 10 $995,000 $1,350,000 35.68% 2039 47th Avenue 3/2.00/N/A 0 $895,000 … Continue reading Top 10 Overbids And Some Very Interesting Outer Sunset / Parkside Data
Uninhabitable San Francisco Home Asks $499,000 Gets $789,000
It’s official…San Francisco real estate is on acid. This week’s #1 Overbid is sure to blow your mind. Listed for $499,000 and just closed for $789,000, 167 Maynard is everything you’ve ever dreamed of owning in a home…assuming you can raze it and build that dream home (just keep your eyes closed for the next … Continue reading Uninhabitable San Francisco Home Asks $499,000 Gets $789,000
Presidio Heights Fixer Snags $3,450,000 Over Asking, Closes For $10,350,000
Today’s Maximum Overbid of the Week comes as no surprise, in fact, I’m surprised it didn’t sell for more. Situated on the wall of the Presidio, 3515 Pacific Avenue is the gem of all gems, something that will hold value for generations, and affords this buyer the opportunity to make it their own: wide lot, … Continue reading Presidio Heights Fixer Snags $3,450,000 Over Asking, Closes For $10,350,000
I’m Seeing Green | Maximum Overbids Of The Week
It’s that lucky green grass… San Francisco’s Top 10 Overbids Week Ending 3/17/17 Address BR/BA/Units DOM List Price Sold Price Overbid 2259 44th Avenue 2/2.00/N/A 16 $895,000 $1,250,000 39.66% 28 Harry Street 3/2.00/N/A 12 $995,000 $1,350,000 35.68% 1847 43rd Avenue 3/1.50/N/A 2 $899,000 $1,200,000 33.48% 435 West Portal Avenue 4/4.00/N/A 8 $1,695,000 $2,250,000 32.74% 1231 … Continue reading I’m Seeing Green | Maximum Overbids Of The Week
Top 10 Overbids | San Francisco Week Ending 3/10/17
This week’s top 10 list of mind-bending overbids looks like a tour around the world – Cambridge, Greenwich, Jersey, Munich. Alas we’re still in San Francisco, Dorothy. San Francisco’s Top 10 Overbids Address BR/BA/Units DOM List Price Sold Price Overbid 657 Cambridge Street 3/2.00/N/A 20 $950,000 $1,300,000 36.84% 2643 Greenwich Street 2645 2-4 Units 7 … Continue reading Top 10 Overbids | San Francisco Week Ending 3/10/17