San Francisco Home Prices Remain High, affordability index stays low


What an interesting Summer! We are still in the midst of a hot real estate market where homes are getting quickly snatched up, buyers are stretching to pay over asking. The recent stock market gyration and Chinese currency devaluation add some uncertainty to the economy, and later this month the Fed is going to tell … Continue reading San Francisco Home Prices Remain High, affordability index stays low

“Habitable, but could do with updating” | Maximum Overbid San Francisco


It’s Friday, that can only mean one thing on theFrontSteps…Overbids. This week’s top dog is 620 Victoria in Ingleside Terrace, a 3 bed, 1.5 bath, 1512 square feet single family home listed for $899,000 and sold for $1,300,000, which, according to marketing remarks, is “Habitable, but could do with updating”. That’s $859 per square foot … Continue reading “Habitable, but could do with updating” | Maximum Overbid San Francisco

Maximum Overbids Of the Week | $625,000 Over In Noe Valley | 291 Square Foot Studio Sells For $415,000


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

Fixers Take The Cake | San Francisco Top 10 Overbids


If you look at nothing else on these property lists I’ve posted below, have a look at the top 3 overbids…and my gallery of favorite photos. Top 10 Overbids of the week: Address BR/BA/Units DOM List Price Sold Price Overbid 566 6th Avenue 568 2-4 Units 21 $895,000 $1,800,000 101.12% 11 Hiliritas Avenue 2/1.00/N/A 11 … Continue reading Fixers Take The Cake | San Francisco Top 10 Overbids

SOLD | Duboce Triangle, Inner Mission, Russian Hill, Mission Dolores


Congratulations to my buyers (x4), and my off market seller! That was quite the whirlwind of activity, and I’m thrilled we were able to pull it all off. As my client said on my LinkedIn profile, I pulled off a “hat trick that [he] thought was impossible in the crazy San Francisco real estate market…” … Continue reading SOLD | Duboce Triangle, Inner Mission, Russian Hill, Mission Dolores

San Francisco Neighborhood Home Prices Continue To Break Records


I just released our latest and greatest San Francisco market report via sfnewsletter, as well as a link to the most accurate and up to date real time Sold Property Reports you’ll find anywhere – via The Goods. To get this great information delivered to your inbox you have options: 1) Sign up at http://www.sfnewsletter.comContinue reading San Francisco Neighborhood Home Prices Continue To Break Records

SOLD | 220 Mullen | Bernal Heights | $1,015,000


I’m happy to report my client successfully beat out multiple buyers on this great two bedroom home at 220 Mullen in San Francisco’s Bernal Heights neighborhood. Listed at $799,000, our original offer was countered by the seller, along with some of the others (we call that “multiple counter offer”), and low and behold, we prevailed. … Continue reading SOLD | 220 Mullen | Bernal Heights | $1,015,000

Which Neighborhoods Have Appreciated Most And Why – sfnewsletter


I just published a new issue of sfnewsletter, and it’s loaded with info, including the oh-so precious list of Recent Sales, Listings, Overbids, Underbids, and Still Availables (properties on the market 30+ days). Have a look, and enjoy. –sfnewsletter 12/12/14

What SF Home-Buyers Bought in 2014


Penthouses, Probates, Lofts, Mansions & Fixer-Uppers How many San Francisco home sales were Victorians, Edwardians or Art Deco? Condos in doorman buildings? Artist live-work lofts? Probate or distressed sales? Without parking? Under $500,000? Over $5 million? Tenant occupied? Had Golden Gate or Bay Bridge views? What were the oldest house sale, the biggest condo sale … Continue reading What SF Home-Buyers Bought in 2014

Cole Valley Property Gets 30 Offers


Because one offer isn’t enough, 135 Parnassus (a teeny – tiny 1192 sqft, 2 bed, 1 bath condo) in the heart center of Cole Valley, just blew the roof off of reality. Sure, priced crazy low at $799,000 (actually, I would have priced it similarly because it did have some issues), but still…30 offers? Come … Continue reading Cole Valley Property Gets 30 Offers

San Francisco’s Top 10 Real Estate Overbids Of The Week


Just when I go ahead and claim “SF Real Estate Market Cools (sort of)“, out comes the week’s latest and greatest Top 10 Overbids: Address BR/BA/Units DOM List Price Sold Price Overbid 714 Kansas St 3/2.00/N/A 17 $849,000 $1,750,000 106.12% 2215 California St 2/1.50/N/A 28 $1,249,000 $1,861,000 49.00% 615 Ellsworth 2/2.00/N/A 22 $749,000 $1,100,000 46.86% … Continue reading San Francisco’s Top 10 Real Estate Overbids Of The Week

SOLD (In 3 Days) | 62 Buena Vista Terrace


We accepted offers on Monday, we closed yesterday…that’s a three day close. Remarkable, to say the least. Congratulations to my clients, and thank you all for an incredibly smooth transaction. I wish they all went like this. Listed $1,295,000, SOLD $1,500,000. Property details below: Located on an elegant street in San Francisco’s Buena Vista Park … Continue reading SOLD (In 3 Days) | 62 Buena Vista Terrace

Lumina SF | 200 Offers On First 52 Units Released | Second Release Happening Now


Continuing to bring you all the updates on one of San Francisco’s most hyped and happening new developments, Lumina SF, I wanted to quickly follow up on the last post I did with updated pricing on the first release of units. For full details about the Lumina SF development, including amenities and finishes, check out … Continue reading Lumina SF | 200 Offers On First 52 Units Released | Second Release Happening Now

The Bay Area’s Biggest Earthquakes – On One Map


I get a lot, I mean thousands upon thousands, of readers visiting theFrontSteps on any given day wondering which neighborhoods in San Francisco are situated on bedrock, and which are prone to liquefaction or earthquake induced landslides. It’s interesting to view the traffic stats for these posts and see the incredible spike in traffic (like … Continue reading The Bay Area’s Biggest Earthquakes – On One Map

NOPA Flat For Sale: You Get First Dibs


Labor Day is just around the corner, and that means we can expect an influx of listings to hit the market. Just like everyone else, we’ve been waiting and preparing a couple properties ourselves. We’ll be putting this beauty on the market 9/5, but as is always the case, my readers get first crack. Situated … Continue reading NOPA Flat For Sale: You Get First Dibs