Articles Filed Under: RealRecentReductions

(814 posts)
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 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 »

Number of Homes for Sale in SF Inches Up but Trend Turns Down

Number of Homes for Sale in SF Inches Up but Trend Turns Down

While the inventory of homes actively listed for sale in San Francisco inched up another 2 percent over the past week to 650, which is 38 percent higher than in mid-May of 2014, inventory levels are now running 7 percent lower than at the same time last year, which... Read More »

Developer Seeks Forgiveness for Reimagined $9.4 Million Home

Developer Seeks Forgiveness for Reimagined $9.4 Million Home

Purchased for $1.5 million in August of 2014, when bank-owned, two legal units and partially tenant occupied, the “classic Victorian” at 3847-3849 18th Street, half a block from San Francisco’s Mission Dolores Park, has since been rather spectacularly “reimagined for 21st-century living, adding contemporary and high-tech conveniences behind a... Read More »

Number of Homes for Sale in San Francisco Inches Up

With the number of homes newly listed for sale over the past two weeks having outpaced sales, the listed inventory of homes on the market in San Francisco has ticked up 3 percent to 625, which is 2 percent more than at the same time last year and 36... Read More »

Take Two for a Previously Flipped Nob Hill Condo

Take Two for a Previously Flipped Nob Hill Condo

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 to the market listed for... Read More »

Dramatically Reduced Former Consulate Fetches $15.85M

Dramatically Reduced Former Consulate Fetches $15.85M

Having hit the market at the end of 2016, priced to “define the city’s high end with a $22-million price tag,” the former Egyptian Consulate at 3001 Pacific Avenue has finally sold with a $15.85 million contract price. Designed by Bliss & Faville and built following the Great Quake... Read More »

Price Cut for a Newly Rendered Noe Flip

Price Cut for a Newly Rendered Noe Flip

Having been owned by the same family for half a century, the three-bedroom Noe Valley Victorian at 331 Day Street hit the market last May, touting “many of the traditional details that Victorian fans appreciate: from the crown moulding (sic) and embossed wallpaper to the glass cabinet pulls and... Read More »