Sold | 960 Harrison | SOMA | $4,850,000


Having originally planned on listing just Unit D, followed by Units C, B, then A, I’m happy to report we just closed on all four units at once at 960 Harrison for $4,850,000.

SOLD | 179 Carl | Cole Valley Victorian | $3,200,000


I’m pleased to report the sale of this amazing property, which we were able to get featured not only on SFGate (Cole Valley Queen Anne with fabulous wallpaper for $2.695), but also Curbed (Queen Anne Done Up in Designer Style Looks for $2.695), and possibly even in San Francisco Cottages & Gardens just closed today … Continue reading SOLD | 179 Carl | Cole Valley Victorian | $3,200,000

From $1.6M To $822k, NOPA Multi Unit Finally Finds A Buyer


In this week’s list of top 10 underbids, we have 5 multi-unit properties, 3 single family homes, and only 2 condos (SOMA and Noe Valley). Coming in at #1 is this NOPA multi-unit building, which just closed 15.69% under it’s most recent asking price of $975,000, at $822,000. Hang on…it gets better.

Maximum Overbid of the Week | Bernal Heights Fixer Wins Again


It’s Friday! Yeah! (If you’re not a Realtor who works every weekend.) That means overbids, and look at that, another fixer takes the cake. This time it’s 554 Anderson in Bernal Heights, a 2 bed, 1 bath home listed for $549,000 and sold for $920,000. As for the rest of the top 10, I think … Continue reading Maximum Overbid of the Week | Bernal Heights Fixer Wins Again

Before & After On A Noe Valley/Glen Park Victorian


There is always a lot of talk around town about how “easy” it is to sell a property in San Francisco, and that all we (Realtors) have to do is sign up a listing, put a sign out front, and the hordes of buyers will come marching through the door, offer oodles over asking, beg … Continue reading Before & After On A Noe Valley/Glen Park Victorian

Maximum Underbid | Russian Hill Property Wins | List $3.2M, Sold $2.6M


Closed on the last day of 2015 was this 3 bedroom Russian Hill condominium with dramatic views. Listed for just shy of $3.2M and sold 18% under asking, at $2.6M, it takes top spot on the top 10 Podium Underbids of the week for San Francisco. Interesting to note is that out of the top … Continue reading Maximum Underbid | Russian Hill Property Wins | List $3.2M, Sold $2.6M

The San Francisco Real Estate Market in 2015


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.

13% Under Asking In Nob Hill | That’s An Audi R8


Hope everyone had a great Thanksgiving! I know I did. Back to the grind… With the grind comes daily ganders at all things San Francisco real estate, and today is no exception. Check out this this Nob Hill Co-op apartment at 1333 Jones topping our weekly list of underbids (because they do exist). Listed just … Continue reading 13% Under Asking In Nob Hill | That’s An Audi R8

Top Floor Teaser Sells $502,000 Over List | Mission Dolores | Maximum Overbid


Who prices a top floor Mission Dolores 2 bed, 2.5 bath, 1328 square foot condo WITH PARKING, and roof deck, in the epicenter of hip at $998,000 anyway! Everyone knows the going rate is at least $1000 per square foot. Teaser price. Teaser. Anyhow, this week’s top spot on the list of jaw dropping Overbids … Continue reading Top Floor Teaser Sells $502,000 Over List | Mission Dolores | Maximum Overbid

Housing Affordability and Market Corrections


A look at San Francisco Bay Area housing affordability trends over time and how they intersect with real estate market corrections: The 2008 San Francisco Bay Area real estate crash was not caused just by a local affordability crisis: It was triggered by macro-economic events in financial markets which affected real estate markets across the … Continue reading Housing Affordability and Market Corrections

Luxury Home Segment Cools | “Affordable” Homes Market Remains Competitive


In case you don’t get sfnewsletter (I posted this there), here is our November 2015 San Francisco Real Estate Market Report, including 11 Custom Charts: ———————————————————— San Francisco led the Bay Area and the nation when its real estate recovery began in early 2012. Within the city itself, the more affluent neighborhoods led the rebound … Continue reading Luxury Home Segment Cools | “Affordable” Homes Market Remains Competitive

$440,000 Under Asking | Personal Chapel Maybe Included, Wallpaper Definitely


It only took seven months, but in the end, it got there. SOLD for $440,000 UNDER asking! You read that correctly, this 6-bedroom single family home in Mission Terrace at 100 Delano Avenue just closed $440,000 below the original (back in March) asking price of $1,600,000. After a price chop to $1.5, then $1.4, then … Continue reading $440,000 Under Asking | Personal Chapel Maybe Included, Wallpaper Definitely

#2 Maximum Overbid Of The Week, Because The #1 Is Too Common


I’m going to go ahead and skip the #1 at 38 Yukon, because it’s…well…just another $1200 per square foot sale of a small condo in a hot neighborhood. Instead, have a look at the #2 spot, which goes to 35 Rolph in Crocker Amazon: A 1350 square foot, two bed, one bath home in the … Continue reading #2 Maximum Overbid Of The Week, Because The #1 Is Too Common

San Francisco Condo Prices Down 3% Since Month Prior, Up 15% YTD


SAN FRANCISCO CONDOMINIUM PRICES DECLINED 3 PERCENT IN SEPTEMBER FROM PREVIOUS MONTH, UP 15 PERCENT FROM LAST YEAR Resale Inventory Surpasses Two Months of Supply for First Time in Two Years According to The Mark Company Trend Sheet San Francisco – October 14, 2015 – San Francisco condominium prices declined 3 percent from the previous … Continue reading San Francisco Condo Prices Down 3% Since Month Prior, Up 15% YTD

1447-1449 Guerrero Sells $705,000 Over, But There Is More…


I’m going to make you cry…and then I’m going to make you cry more. Here’s how: Last sold in 2007 for $995,000, 1477-1479 Guerrero just clinched this week’s top spot on the list of insane overbids coming in a meager $705,000 above the $995,000 asking price (note…same asking price as selling price in 2007) and … Continue reading 1447-1449 Guerrero Sells $705,000 Over, But There Is More…

Maximum Overbid Of The Week | “Corpse House” Wins | HazMat Suit Sold Separately


It’s the house that had not only a hoarder, but a mummified corpse father of said hoarder that takes top honors this week. Originally listed for $928,000, 152 4th Ave buyers jumped at this house, put it in contract for $1,029,500, and sent it to court for overbids. With the hoarding daughter hospitalized and hopefully … Continue reading Maximum Overbid Of The Week | “Corpse House” Wins | HazMat Suit Sold Separately