Articles Filed Under: Listings (for sale)

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Reductions Continue to Rise in SF as Inventory Levels Drop

Reductions Continue to Rise in SF as Inventory Levels Drop

Having peaked last month at an 8-year high, as expected, the number of homes on the market in San Francisco has since dropped a seasonally driven 19 percent to 840 and is currently running 3 percent lower than at the same time last year. At the same time, the... Read More »

Prevalence of Price Cuts on the Rise in San Francisco

As is typical for early November, the number of homes on the market in San Francisco has ticked down 2 percent over the the past week to 930, which is dead even with the same time last year. At a more granular level, the number of condos listed for... Read More »

Let the Bargaining Begin

Let the Bargaining Begin

While it failed to sell in 2011, having been “lavishly remodeled” with Venetian plaster, Italian tile, exotic woods and a floor plan “inspired by a Feng Shui Master,” the 1,400-square-foot unit #1 in the former Smitty Knitting Factory building at 75 Lansing Street ended up trading for $1.18 million... Read More »

Reduced to Incite a Bidding War in Bayview

Reduced to Incite a Bidding War in Bayview

Having been taken down to the studs and expanded to 2,908 square feet of space, the now four-bedroom home at 1683 Newcomb Avenue returned to the market in early 2017 and sold for $1.45 million, or roughly $500 per square foot, that June. This past July, the Bayview home... Read More »

Number of Homes on the Market in San Francisco Ticks Down

The number of homes on the market in San Francisco (950) ticked down 6 percent over the past week as is typical for this time of the year. But overall inventory levels remain 1 percent higher on a year-over-year basis and are holding at an 8-year seasonal high. At... Read More »

Inventory Levels Start to Wane, Reductions Continue to Rise

Having hit its seasonal peak and an absolute 8-year high last week, which shouldn’t have caught any plugged-in readers by surprise, the number of homes on the market in San Francisco has since ticked down 3 percent to 1,010 but remains 4 percent higher than at the same time last year.... Read More »

More Cuts for Luxury Condos Already Listed at a Loss

More Cuts for Luxury Condos Already Listed at a Loss

Purchased from the sales office for $1.57 million in February of 2016, the 993-square-foot, one-plus-bedroom unit #8J atop the Lumina plaza building at 333 Beale Street returned to the market priced at $1.449 million this past September. In addition to twelve-foot ceilings, two “spa-inspired bathrooms” and a modern kitchen... Read More »

Inventory Levels Inch Up, Reductions on the Rise

With the number of homes newly listed for sale over the past week having outpaced the number of new contracts written, the inventory of homes on the market in San Francisco has ticked up one (1) percent to 1,040, which is 8 percent higher than at the same time... Read More »

Dolores Heights View Home Drops Below its 2015 Price

Dolores Heights View Home Drops Below its 2015 Price

Joining the ranks of newly reduced homes is 4085 20th Street, a modern 3,720-square-foot Dolores Heights home perched above Dolores Park, with “breathtaking views” from each of its three levels, “outstanding craftsmanship, thoughtful design and ethereal beauty,” and a two-car garage with a (new) Tesla charging station and driveway... Read More »

Tech Mogul’s Silicon Valley Lair Now Listed for 55 Percent Less

Tech Mogul’s Silicon Valley Lair Now Listed for 55 Percent Less

Speaking of big reductions, as we outlined in September of last year: Having hit the market with a bit of fanfare and an $88 million price tag back in 2015, the 21,400-square-foot Los Altos Hills home at 27500 La Vida Real was quietly listed behind an undisclosed address for... Read More »