As we revealed earlier this year, a team was exploring the possibility of demolishing the Thirsty Bear Brewery building at 661 Howard Street and developing a bonus-sized residential tower rising over 250 feet in height on the skinny site with the idea of overhanging the two adjacent buildings at... Read More »

Driven by a slowdown in new listing activity versus an uptick in the pace of sales, the net number of homes on the market in San Francisco, which is currently 20 percent higher than at the same time last year and 45 percent higher than prior to the pandemic,... Read More »

Back in 2014, two-bedroom units in the Linea building at 8 Buchanan were being flipped for six figures more than their original contract prices mere months after the building opened, which isn’t uncommon when values are actually going up. Purchased for $1.2 million in April of 2014, the 989-square-foot,... Read More »

Purchased for $1.5 million in November of 2013, the 1,253-square-foot Dwell-ing at 330 Banks Street resold for $1.7 million in February of 2017, representing total appreciation of 13.3 percent over those three and a quarter years on an apples-to-apples basis, despite the “short term hold” and the property being... Read More »

Purchased for $1.4 million near the top of the previous market cycle in the fourth quarter of 2007 and then upgraded with a new kitchen, custom cabinetry, lighting and other designer finishes in 2008, the upgraded 2,000-sqaure-foot, two-bedroom loft #502 in the converted Hales Warehouse building at 2 Mint... Read More »

Having already jumped by 25 percent over the two weeks prior, the net number of homes on the market in San Francisco (i.e., inventory) has since ticked up another 4 percent to 1,470. As such, there are now over 20 percent more homes on the market in San Francisco... Read More »

Speaking of price reductions in San Francisco and a decline in the price per square foot, the list price for the single-family home at 4540 20th Street, a remodeled home which boasts a “prime Eureka Valley location,” a “chef’s kitchen,” and a private “outdoor oasis”/ rear yard, has been... Read More »

Driven by a pronounced slowdown in the pace of sales and rising inventory levels, the percentage of homes on the market in San Francisco with an asking price that has been reduced at least once has ticked back up two (2) points over the past week to 30 percent,... Read More »

Driven by a pronounced slowdown in the pace of sales, the net number of homes on the market in San Francisco (i.e., inventory) has jumped by 25 percent over the past two weeks to 1,410, which shouldn’t catch any plugged-in readers by surprise. In fact, there are now 20... Read More »

Quietly acquired from Mark and Alison Pincus for $16 million in November of 2015, Troon Pacific subsequently engaged Snøhetta (yes, that Snøhetta) to draft plans to transform the Albert Farr-designed home at 2950 Pacific Avenue into a modern 18,000-square-foot mansion with a coveted “2895 Broadway” address, as we first... Read More »