Articles Filed Under: RealRecentReductions

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Deep Cut(s) for Storied North Beach Venue

Deep Cut(s) for Storied North Beach Venue

As we outlined in September of last year: Built for an Italian men’s club in 1919, complete with a gym, boxing ring, and private social/supper club space, the ornate “Garibaldi Hall” at 435/443 Broadway, which is now on the market, has a storied history to tell. The roughly 12,000-square-foot... Read More »

Reductions on the Rise

The percentage of homes on the market in San Francisco which have undergone at least one official price reduction is currently running around 21 percent, which is six (6) percentage points, or roughly 39 percent, higher than at the same time last year. And with inventory levels up 60... Read More »

Most Homes on the Market in San Francisco in Nine Years

Most Homes on the Market in San Francisco in Nine Years

While the number of homes newly listed for sale in San Francisco having outpaced the number of purchase contracts that were inked for the ninth week in a row, there are now 1,050 homes listed for sale across the city. That’s not only a 9-year seasonal high but a... Read More »

Up and Down for a Signature Unit in the Mission

Up and Down for a Signature Unit in the Mission

Designed by Kennerly Architecture and built in 2004, the signature end unit of the three-unit building at 201-207 Guerrero Street, unit #203, features an open main floor with a double height living room and corner windows; a total of three bedrooms and three baths; an office mezzanine; a private... Read More »

Inventory Levels in San Francisco Nearing Another Milestone

Inventory Levels in San Francisco Nearing Another Milestone

With the number of homes newly listed for sale in San Francisco having outpaced the number of purchase contracts that were inked for the eighth week in a row, there are now 1,000 homes listed for sale across the city. That’s 40 percent more inventory than at the same... Read More »

Number of Homes for Sale in San Francisco Continues to Tick Up

While the pace of home sales in San Francisco has started to rebound, new listing activity continues to outpace the number of new purchase contracts being written. As such, the number of homes listed for sale across the city, net of new sales, ticked up another 7 percent over... Read More »

Number of Homes on the Market in San Francisco Jumps

Number of Homes on the Market in San Francisco Jumps

Driven by a dramatic slowdown in sales while listing activity has since rebounded, the number of homes on the market in San Francisco has jumped 35 percent over the past two weeks to 830, which is 26 percent more than at the same time last year and a 9-year... Read More »

Price Cuts Tick Up Along with Inventory Levels in San Francisco

With listing activity back on the rise in San Francisco and the number of homes on the market nearing a 9-year high, the percentage of active listings with at least one official reduction – which doesn’t include properties that were withdrawn from the MLS and then re-listed with a... Read More »

Onetime Record-Setting Bernal Home Relisted Anew

Onetime Record-Setting Bernal Home Relisted Anew

Having very briefly held the title of the most expensive reported home sale in the history of Bernal Heights when it sold for $2,310,000 back in the first quarter of 2015, the contemporary four-level, 3,015-square-foot home at 152 Elsie Street – which features an open main floor plan, four... Read More »

Pending Home Sales Down 40 Percent in San Francisco

As we outlined two weeks ago, the pace of home sales in San Francisco was already “down 20 percent on a year-over-year basis and dropping fast.” And in fact, the number of homes in contract across the city is now down 40 percent versus the same time last year... Read More »