Articles Filed Under: RealRecentReductions

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Down a Million in Dolores Heights

Down a Million in Dolores Heights

The “one-of-a-kind” view home at 352 Cumberland Street, which totals around 2,800 square feet of space, including two vacant studio units which front the street, and occupies a 2,850-square-foot parcel on “one of the most coveted blocks in Dolores Heights,” a block and a half from Dolores Park, was... Read More »

Looking for (Another) Sub-2014 Priced High-End Loft?

Looking for (Another) Sub-2014 Priced High-End Loft?

Purchased for $2.15 million in the second quarter of 2014, the 2,018-square-foot live/work unit #602 in the historic Hales Warehouse building at 2 Mint Plaza returned to the market priced at $2.495 million this past May, a sale at which would have represented total appreciation of 16 percent over... Read More »

Fully Remodeled and Striking a Thanksgiving Pose

Fully Remodeled and Striking a Thanksgiving Pose

Designed by Charles Lewis Hinkel and built in 1883, the Lower Pacific Heights Victorian at 1709 Broderick Street, or at least its façade, gained widespread notoriety for having played the role of the Tanner’s home in the late 80’s to early 90’s sitcom titled Full House. Purchased by the... Read More »

Reduced Listings Tick Up in SF, Pending Sales as Well

The share of homes currently listed for sale in San Francisco that have undergone at least one price reduction has ticked up to 32 percent, which is 5 percentage points higher than at the same time last year and the highest percentage of listings with an official price cut... Read More »

Speaking of Price Cuts in San Francisco…

Speaking of Price Cuts in San Francisco…

Speaking of active listings for properties in San Francisco with at least one reduction, the percentage of which has just hit a three-year high, the list price for the 1,136-square-foot, two-bedroom unit #309 at 72 Townsend Street, which also comes with a private 605-square-foot terrace and a deeded parking... Read More »

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 »