While more listings were withdrawn from the MLS unsold than were listed anew last week, of the thirty-nine (39) properties that hit the market ten (10) were flagged as bank owned including properties South of Market, in the Sunset, and on Potrero and Russian Hill(s).
Another eight (8) of the new thirty-nine (39) are seeking short sales.
∙ Two Floors Below But Asking 16 Percent Less Year-Over-Year [SocketSite]
∙ Listing: 1554 27th Avenue (4/4) 2,423 sqft – $829,900 [MLS]
∙ Listing: 1470 De Haro (3/2) 1,535 sqft – $589,900 [MLS]
∙ Listing: 1438 Filbert #402 (1/1) 844 sqft – $599,000 [MLS]
Trivia question (I don’t know the answer, but obviously have a hunch): Does the Coalition of the Willing delist over the holidays?
A “meh” Russian Hill condo for 700 per? LOL. Try $515 per and that might get me out to the open house. Get a clue banksters.
While 1554 27th closed escrow today with a reported contract price of $840,000, the list price for 1438 Filbert #402 has been reduced to $540,000.
The sale of 1470 De Haro closed escrow on 1/31/11 with a reported contract price of $520,000. The Potrero Hill property had been refinanced in 2002 with a $540,000 first mortgage and foreclosed upon a year ago with $603,149 owed.