Realtor Garrett provides a quick “peek” into the most expensive Single Family Homes currently listed in Noe Valley, Potrero Hill, and Glen Park. And here’s what he sees:
Noe Valley: 554 Valley Street – $2.879m, 24 DOM, unsuccessfully listed twice before
Potrero Hill: 733 De haro Street – $1.975m, 80 DOM, price reduced 1 time
Glen Park: 1720 Sanchez Street – $1.125m, 101 DOM, sold for $1.3m in 2005
∙ The Most Expensive Homes in the ‘Hood [Greg & Garrett’s]
Further proof that SF is not immune, and the go-go market of the last few years is a memory now. It’s just one data point, but the message is that flips are turning into flops. The next question is whether people can hold on to these properties long enough for the market to turn, which could take years.