Articles Filed Under: RealRecentReductions

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Price for Hacker Church and Rectory Dropped Nearly 50 Percent

Price for Hacker Church and Rectory Dropped Nearly 50 Percent

As we outlined in October of last year: Built in 1912, the 15,000-square-foot Our Lady of Guadalupe Church at 906 Broadway was designated San Francisco Landmark #204 back in 1993. The Archdiocese of San Francisco sold the church along with the adjacent 4,700-square-foot residential building, uphill at 908 Broadway,... Read More »

Reductions Rise as Inventory Levels Jump

With inventory levels in San Francisco having just hit recession-era levels, the number of homes on the market which have undergone at least one official price cut has ticked up another 20 percent in the absolute over the past two weeks to over 400. As such, there are now... Read More »

Restaurateur’s Wine County Estate Now Listed for 42% Less

Restaurateur’s Wine County Estate Now Listed for 42% Less

The 6,000-square-foot “Villa Cucina,” which sits on 40 acres of prime Napa Valley land, was built for Pat Kuleto, the famed San Francisco restaurateur, back in 1995. As one would expect, the centerpiece of the rustic five-bedroom home is an oversized kitchen designed by Kuleto himself, outfitted with commercial... Read More »

Number of Homes for Sale in S.F. Just Hit a 10-Year High

Number of Homes for Sale in S.F. Just Hit a 10-Year High

The number of homes on the market in San Francisco, net of new sales and contract activity, ticked up another 4 percent over the past week to 1,420, representing 120 percent more inventory than there was at the same last year and a 10-year seasonal high. At a more... Read More »

Number of Homes for Sale Nearing Recession-Era Levels in S.F.

Number of Homes for Sale Nearing Recession-Era Levels in S.F.

Continuing a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes on the market in San Francisco, net of new sales and contract signings, ticked up another 6 percent over the past week to 1,360, which is now over twice as much inventory as there... Read More »

Price Cutting Is Picking Up Steam

Having hit a 9-year high last week, the number of homes on the market in San Francisco which have undergone at least one official price cut has ticked up another 10 percent in the absolute to 330. As such, there are now over 150 percent more reduced listings on... Read More »

Number of Homes on the Market in San Francisco Spikes

Number of Homes on the Market in San Francisco Spikes

Following a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes on the market in San Francisco, net of new sales and contract signings, has jumped another 10 percent over the past week to 1,290, which is 98 percent more inventory on the market as... Read More »

Reduced Listings in San Francisco Hit a 9-Year High

The percentage of homes on the market in San Francisco which have undergone at least one official price cut has ticked up another two (2) percentage points over the past two weeks to 23 percent, which is three (3) full percentage points, or 15 percent, higher than at the... Read More »

Deep Cut(s) for Storied North Beach Venue

Deep Cut(s) for Storied North Beach Venue

As we outlined in September of last year: Built for an Italian men’s club in 1919, complete with a gym, boxing ring, and private social/supper club space, the ornate “Garibaldi Hall” at 435/443 Broadway, which is now on the market, has a storied history to tell. The roughly 12,000-square-foot... Read More »

Reductions on the Rise

The percentage of homes on the market in San Francisco which have undergone at least one official price reduction is currently running around 21 percent, which is six (6) percentage points, or roughly 39 percent, higher than at the same time last year. And with inventory levels up 60... Read More »