Articles Filed Under: RealRecentReductions

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SoMa Loft Reduced and Relisted Below its 2015 Price

SoMa Loft Reduced and Relisted Below its 2015 Price

Purchased for $1.185 million in December of 2015, the “modern, stylish, tri-level loft” #14 at 175 Russ Street, “located in the heart of SOMA,” with easy access to tech shuttles and company headquarters, as well as to Whole foods and “countless restaurants and cafes,” returned to the market priced... Read More »

Price Cuts Tick Up in San Francisco, Pending Sales Still Down

The percentage of homes listed for sale in San Francisco for which the asking price has been reduced at least once has ticked up a percentage point over the past week to 16 percent, which is 2 percentage points higher on a year-over-year basis and 7 percentage points higher... Read More »

Déjà Vu All over Again at the Ritz in San Francisco

Déjà Vu All over Again at the Ritz in San Francisco

Purchased as new for $1.53 million, or roughly $1,284 per square foot, in early 2008, right as the Great Recession was picking up steam, the two-bedroom Ritz-Carlton Residences unit #1702 at 690 Market Street returned to the market in early 2015 priced at $1.75 million. Reduced to $1.65 million... Read More »

House-Like Russian Hill Gem Drops Below its 2016 Price

House-Like Russian Hill Gem Drops Below its 2016 Price

The three-bedroom Russian Hill townhome at 2201 Leavenworth street, which offers “fabled Bay views,” a remodeled kitchen with a restored Wedgewood stove, and stacked parking for two cars in its garage below, and access to the building’s shared roof deck above, last traded hands for $3.2 million in March... Read More »

Another Million Dollar Drop for Rare Pac Heights Parcel and Plans

Another Million Dollar Drop for Rare Pac Heights Parcel and Plans

As we outlined this past November: The Pacific Heights parcel and approved plans for a modern 6,800-square-foot home to rise on the 2921 Vallejo Street site, which were drawn by John Maniscalco Architecture and the subject of both a confidentially settled lawsuit and unsuccessful Discretionary Review (DR), hit the... Read More »

Number of Homes Listed for Sale in San Francisco Starting to Climb

Number of Homes Listed for Sale in San Francisco Starting to Climb

Muted by the holiday weekend, the net number of homes on the market in San Francisco (615) was relatively unchanged over the past week but remains 28 percent higher than at the same time last year, 76 percent higher than at the same time in 2015 (350) and a... Read More »

Dolores Heights View Home Drops Below its 2014 Price

Dolores Heights View Home Drops Below its 2014 Price

Touting its location, location, location on “one of the most coveted blocks in Dolores Heights,” a block and a half from Dolores Park, the “one-of-a-kind home” at 352 Cumberland Street, which totals around 2,800 square feet (including two vacant studio units which front the street), was purchased for $3.75... Read More »

Rock Star’s Second Sea Cliff Home Finally Fetches $11.7 Million

Rock Star’s Second Sea Cliff Home Finally Fetches $11.7 Million

Having hit the market in December of 2016 listed for $16 million, the 5,200-square-foot home hidden behind the privacy wall at 320 Sea Cliff Avenue, which was purchased by Metallica’s lead guitarist, Kirk Hammett, for $8 million in early 2010, has finally sold with a contract price of $11.7... Read More »

Stunning Russian Hill Apartment Now Listed for $2.5 Million Less

Stunning Russian Hill Apartment Now Listed for $2.5 Million Less

As we detailed in the third quarter of last year: Purchased by an art collector for $1.55 million in August of 2003, the 3,070-square foot Russian Hill cooperative unit #6 at 947 Green Street was gutted and completely transformed into a stunning “European-Deco inspired masterpiece” with views by LeavittWeaver.... Read More »

Modern Silicon Valley Mansion Now Listed for Nearly $5 Million Less

Modern Silicon Valley Mansion Now Listed for Nearly $5 Million Less

Having been priced at $29.8 million early last year, touting nine Feng Shui selling points (including that the “grounded nature of the home will allow the owner to expand their income”), the list price for modern Atherton mansion at 96 Ridge View Drive was reduced to $27.8 Million in... Read More »