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
I have the home you have sought for so long. We will not be going to MLS anytime soon, so consider yourself lucky you found yourself on theFrontSteps. Since this is a totally off market and “pocket” listing, we have no pictures to share. Get yourself in for a look, it’s as simple as that. … Continue reading Off Market Cole Valley Victorian Single Family Home
This timeless Cole Valley single family home situated in one of the most desirable locations in all of San Francisco is a circa 1896 Victorian loaded with period details and charm, and updated for today’s standards. Just two blocks to the heart of Cole Valley, the N-Judah, Golden Gate Park, Haight-Ashbury, and so many more … Continue reading For Sale | 707 Cole St. | Cole Valley | $2,495,000
Top 10 Underbids in San Francisco this past week: Address BR BA Parking List Price Sold Price Underbid 1219-1219A Stanyan Street N/A N/A 2 $2,579,000 $2,100,000 -18.57 % 1111 Bay Street 2 2.00 1 $1,199,000 $1,000,000 -16.60 % 677 Ellis Street N/A N/A 0 $2,695,000 $2,275,000 -15.58 % 338 Spear Street 2 2.00 1 $1,999,999 … Continue reading If It’s Not Selling Over, It’s Selling Under
Britain’s June vote to exit the EU has already had an impact on the market in the US, including here in San Francisco. Mortgage rates have dropped almost a quarter of a percent, making the monthly payments on our pricey housing slightly more affordable. The result is that it will support continuing increases in sales … Continue reading San Francisco Market Report
District 5’s (See SF Districts Map Here) April numbers continue their strong upwards trend with their highest ever median sales price of $2,287,500. Year-over-year, the median price is up 8.9%. Resale Condo/Loft Median Prices Resale condo-loft median prices have resumed the downward trend that started last September with a brief uptick in January and February. … Continue reading May 2016 Central San Francisco Market Conditions
We saw first quarter median Single Family Home prices in San Francisco jump with their biggest percentage increase (5.6%) in a decade, and in April’s numbers continue this strong upwards trend. The median price in San Francisco was $1,380,000 in April, the highest ever, and a 4.5% increase over March (yikes!). Resale Condo/Loft Median Prices … Continue reading May 2016 Market Report | San Francisco
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
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.
The new S&P Case-Shiller Index for August was just released on Tuesday. The prices for homes in the upper third of prices – which dominate in most of San Francisco, central and southern Marin, and central Contra Costa – ticked down a tiny bit in summer, exactly as they did last summer. These short-term fluctuations … Continue reading August Case-Shiller Index | San Francisco Bay Area
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
I am pleased to announce the successful buyer representation on this awesome ocean view home in the Outer Richmond at 624 46th Ave. The day it came on the market my client sent me a text, and I got him in a couple hours later. While I was standing on the bluff checking the surf, … Continue reading SOLD | 624 46th Ave | Outer Richmond
[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
It’s another fine Tuesday upon us. Yesterday’s stock market rally may put a glimmer of hope in everyone’s eyes, and what better way to celebrate than with a tour of a great house we just put on the market. It is officially a “broker tour” open house today, but we’re inviting all of our readers … Continue reading Tuesday In The Avenues (442 41st Avenue Open 11-12:30)
Signs of a real estate rebound? We’re getting various tips to confirm the reports and it is definitely good news. So why the hell have you not told your friends about this great single family home at 241 7th Ave in the Inner Richmond? (NOTE: Tax records are not accurate on square footage…Curbed. ;-) ) … Continue reading 241 7th Ave…Make An Offer!
Right on the heels of our recent post a la Sophie, “A walk up the hill”, we learn that one of the little nugs she reported on went into contract as of yesterday, 565 Clipper being that little 4 bed, 3.5 bath, $2,149,000 single family nug (originally listed 10/08 for $2,599,000): The deets, with a … Continue reading “This Is The One”, 565 Clipper Gets Into Contract