Articles Filed Under: Listings (for sale)

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Looking for an Incentive to Purchase a Penthouse Shell?

Looking for an Incentive to Purchase a Penthouse Shell?

Technically it’s not a price cut, the prevalence of which has been on the rise in San Francisco, as the list price for the 5,700-square-foot penthouse shell #41A atop the LUMINA tower at 201 Folsom Street remains at $11.495 million. But the listing notes for the two-level unit have... Read More »

Reductions on the Rise as Pace of Home Sales Drops in SF

Reductions on the Rise as Pace of Home Sales Drops in SF

While the number of homes listed for sale in San Francisco hit a seasonal peak last month, inventory levels ticked up 12 percent over the past post-holiday week to 650, which is even with the same time last year. At the same time, the percentage of active listings in... Read More »

$135 Million East Bay Estate Now Listed for Over $100 Million Less

$135 Million East Bay Estate Now Listed for Over $100 Million Less

According to the agent for the 22-acre “Fieldhaven” estate at 7 Country Oak Lane in Alamo, David Duffield, the co-founder of PeopleSoft and Workday, invested over $135 million in building out the property, a build-out which was completed in 2013 by a team of over 200 craftsmen over the... Read More »

Redesigned for Luxury and Put Back in Play

Redesigned for Luxury and Put Back in Play

The underdeveloped lot at the corner of Cleveland Street and Park Boulevard in Oakland’s Cleveland Heights neighborhood hit the market in 2004 with permitted plans for a 25-unit building – including 24 residential units, one commercial space and a 25-car garage – to rise on the 2805 Park Boulevard... Read More »

Light House Condo now Listed at a Larger Seven-Figure Loss

Light House Condo now Listed at a Larger Seven-Figure Loss

Purchased for $6.495 million in April of 2016, the 5,493-square-foot “Light House” condo at 651 Dolores Street, one of four condos within the converted Second Church of Christ Scientist, across from Dolores Park, returned to the market in August of 2017 with a $6.795 million price. Reduced to $6.349... Read More »

Number of Homes for Sale in SF Holds, Pending Sales Down

While effectively unchanged over the past week, as expected, the number of homes on the market in San Francisco (710) is now running roughly even with the same time last year. At the same time, pending sales activity in the city remains down and has been running an average... Read More »

Number of Homes for Sale in SF Has Likely Peaked, at Least for Now

Number of Homes for Sale in SF Has Likely Peaked, at Least for Now

While 17 percent higher than at the beginning of the month, the number of homes on the market in San Francisco is now holding at around 700, which is 37 percent higher than in June of 2015 but 3 percent lower than at the same time last year, with the... Read More »

Newly Reduced and Positioned for an “Over Asking!” Sale

Newly Reduced and Positioned for an “Over Asking!” Sale

Outfitted with three-bedrooms, two baths and “plenty of upgrades,” the roughly 1,500-square-foot home at 738 Banks Street, on the southern edge of Bernal Heights, was listed for $1.650 million back in the fourth quarter of 2015, an above-average list price of $1,093 per square foot at the time. Subsequently... Read More »

Previously Flipped Nob Hill Condo Now Listed at a Loss

Previously Flipped Nob Hill Condo Now Listed at a Loss

As we outlined in April: Purchased for $1.74 million in May of 2015, renovated (“including all new kitchen, all new bathrooms, a lighting system, hardwood floors and window coverings”) and then successfully flipped for $2.255 million in March of 2016, the 1,789-square-foot unit #202 at 1150 Sacramento Street returned... Read More »

Former Facebook COO Lists Palo Alto Home for $40M

Former Facebook COO Lists Palo Alto Home for $40M

Purchased by Owen Van Natta, the onetime Facebook COO and former executive at MySpace, Zynga and Amazon, for $9.0 million in June of 2011, the gated Palo Alto neo-Tudor which sits on over an acre of land at 369 Churchill Avenue has since been completed renovated and expanded to... Read More »