This week’s top overbid is a three-bedroom Parkside house at 1923 30th Avenue that sold after just 10 days on the market, netted $2.1 million, and hit more than 175 percent of the original list price. That sentence would turn people’s brains into solid blocks of chalk in most markets, but it’s just another week … Continue reading Maximum Overbid: A House Flip That’s Still Flipping
The US Census estimates that the average American move more than 11 times in their life, or about once every six or seven years. But someone just plain has to be ahead of the curve, like the case of this week’s biggest overbid, 2494 35th Avenue, a three bed, three bath Parkside house that came … Continue reading Maximum Overbid: Make Yourself at Home
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
Take a moment to consider 2574 46th Avenue, a two-bed, one-bath Outer Parkside classic now for sale: The new listing calls this a “wonderful starter home,” but can/should a “starter home” really cost $1.55 million? One perspective is that the concept of a “starter home” is anachronistic in the context of a city like San … Continue reading What Should a “Starter Home” Cost In SF?
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
If you think about it, housing security seems to be a serious motivator in fairy tales. Happy endings often involve other kinds of gains for plucky folkloric heroes, of course: true love, personal liberty, extremely liquid cash resources, etc. But it’s hard not to notice that retiring to a castle or at the very least … Continue reading Parkside Storybook Prize Asks $1.6 Million
To say my clients didn’t absolutely score on this home is possibly the understatement of the year. When every house in the Parkside and Sunset is selling with multiple offers and at ridiculous prices, to be able to get in contract on one the day it hit MLS for well under market value in San … Continue reading Just Sold! | 2412 22nd Ave | Parkside | $1,000,000
From the Outer Richmond last week, to the heart of the Sunset this week, the Western edge of San Francisco continues to take top honors on the Overbid list. Perhaps a little less baffling than last week’s, and also a case of clearly underpricing a property, this little gem at 2724 Ortega just fetched nearly … Continue reading Maximum Overbid Of The Week | Welcome To The Mission | Kitchen & Bath Not Included
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.
[Update: Sold! Sales Price $871,500. Six offers.] It doesn’t get better than this in the Parkside. Twenty one ninety one (2191) 32nd Ave hits MLS tomorrow, and you are all getting the first look. That is unless you’ve been following me on Instagram (@theFrontSteps). Asking price for this most excellent home in the Avenues of … Continue reading 2191 32nd Ave, San Francisco CA Hits MLS
In our never ending quest to find the ultimate San Francisco surf pad, we were delighted to see one of our favorite oceanfront homes hit the market recently, 2534 Great Highway. It’s not everyday you can buy one of the few homes on the Great Highway that easily clear the sand dunes to enjoy unobstructed … Continue reading Calling All San Francisco Surfers (And Wannabes), We Have The Pad For You!
519 Foerster sold for over asking and 75K more than it last sold for in 2005. (Here’s the link, 519 Foerster not [editor is back in town] cleaned up): It looks like there was a paint job, and maybe a new floor in the kitchen, maybe not. The 2005 listing advertises a “new home.” This … Continue reading An apples to apples in Sunnyside? It looks that way.
From our reader: Is any house in the central sunset worth 1.4 million? The average price in the central sunset 800k -900k. Please take a look at 2960 22nd Ave, San Francisco which just came on the market. …and the kitchen: We must first say that this home is technically located in the Parkside, near … Continue reading Reader Reports: Parkside home for $1.4M? (2560 22nd Ave)
It seems to be the week of getting edumucated on theFrontSteps. First chickens, now rising crime in Bernal Heights? We have no factual evidence to support what we’re saying, but the information has come to us from a very reliable and trustworthy source. We’re hoping you (the reader) can shed some light on the matter. … Continue reading Crime on the rise in Bernal Heights?
Recently, we’ve been contacted by more than a dozen Realtors asking if we could “plug” their listings. Typically, this is not something we do as it defeats the purpose, honesty, and transparency of this blog, but we got to thinking…why not? We could make a little $$ from it, and help get the word out … Continue reading Isolated Panic amongst some San Francisco Realtors, or something larger?
This post has absolutely nothing to do with real estate, unless of course you’re looking to buy a home down at Ocean Beach (Outer Sunset/Outer Parkside), because of our pristine beaches and ideal beach weather, but we thought we’d get the word out. Things won’t be the same down there for a long time. We … Continue reading San Francisco Oil Spill…doing our part