Purchased for $2.5 million in July of 2020, the 1,794-square-foot, three-bedroom Noe Valley home at 732 Duncan Street, which features “epic views,” “modern finishes,” and a “superlative location,” returned to the market this past September, offering “the best of San Francisco living” and priced at $2.6 million, a sale at which would have represented net appreciation of just 4 percent over the past three years on an apples-to-apples basis.

Reduced to $2.5 million after a month on the market, despite the fact that the widely misreported index for “San Francisco” home values was “still up 26 percent!” over the same period of time and that Noe Valley is a rather established and desirable neighborhood, the list price for 732 Duncan was further reduced to $2.295 million last month.

And having just closed escrow with a contract price of $2.325 million, the resale of 732 Duncan Street was officially “over asking!” according to all industry stats and aggregate metrics, such Redfin’s Compete Score, but 7 percent below its 2020 value on an apples-to-apples basis, having completely erased any pandemic-driven gains between.

2 thoughts on “Best of San Francisco Living Trades Down”
    1. No that would be a Queen Anne; I would call this a “contemporary Craftsman”

      But now that you brought up the topic of things I’m not interested in, I’m curious about the house on the right: is it actually boarded up, or does it just have a pair of (apparently plywood?) front doors that look like such ??

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