Articles Filed Under: RealRecentReductions

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

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

The number of homes on the market in San Francisco, net of new sales and contract activity, ticked up another 5 percent over the past week to 1,680, representing 85 percent more inventory on the market than at the same last year and a new 10-year high in the... Read More »

Expectation Gap is Growing in San Francisco

With the number of homes on the market in San Francisco poised to jump, the percentage of listings with an asking price that has been reduced at least once has ticked up to 31 percent, which is 19 percentage points higher than at the same time last year and... Read More »

Number of Homes for Sale in San Francisco Poised to Jump

Number of Homes for Sale in San Francisco Poised to Jump

Having effectively plateaued over the past couple of weeks at above recession-era levels, the number of homes on the market in San Francisco, net of all new sales and contract activity, has ticked up to 1,600, which is twice as many homes on the market than there were at... Read More »

Reductions Poised To Rise in San Francisco

With the number of homes on the market in San Francisco, net of new sales and contract activity, having effectively plateaued over the past couple of weeks but poised to jump again in September, the number of homes on the market with an asking price that has been reduced... Read More »

Number of Homes for Sale in SF Surpasses Recession-Era Marks

Number of Homes for Sale in SF Surpasses Recession-Era Marks

While the rate of increase in inventory levels has slowed to a seasonal crawl, the number of homes on the market in San Francisco, net of all new sales and contract activity, has ticked up another 4 percent over the past two weeks to 1,550, representing roughly three times... Read More »

Completely Remodeled and Facing Foreclosure

Completely Remodeled and Facing Foreclosure

Purchased as a 975-square-foot Noe Valley home with plans to nearly quadruple its size for $1.929 million in August of 2015, the now 3,750-square-foot home at 438 29th Street returned to the market as a “completely remodeled, redesigned & reinvented residence” with a $4,388,888 price tag in November of... Read More »

400 Percent More Reduced Listings on the MLS in San Francisco

With inventory levels in San Francisco having surpassed their recession-era marks last week, a trend which shouldn’t have caught any plugged-in readers by surprise, the number of homes on the market which have undergone at least one official price cut or reduction has ticked up another 15 percent over... Read More »

Price for Hacker Church and Rectory Dropped Nearly 50 Percent

Price for Hacker Church and Rectory Dropped Nearly 50 Percent

As we outlined in October of last year: Built in 1912, the 15,000-square-foot Our Lady of Guadalupe Church at 906 Broadway was designated San Francisco Landmark #204 back in 1993. The Archdiocese of San Francisco sold the church along with the adjacent 4,700-square-foot residential building, uphill at 908 Broadway,... Read More »

Reductions Rise as Inventory Levels Jump

With inventory levels in San Francisco having just hit recession-era levels, the number of homes on the market which have undergone at least one official price cut has ticked up another 20 percent in the absolute over the past two weeks to over 400. As such, there are now... Read More »

Restaurateur’s Wine County Estate Now Listed for 42% Less

Restaurateur’s Wine County Estate Now Listed for 42% Less

The 6,000-square-foot “Villa Cucina,” which sits on 40 acres of prime Napa Valley land, was built for Pat Kuleto, the famed San Francisco restaurateur, back in 1995. As one would expect, the centerpiece of the rustic five-bedroom home is an oversized kitchen designed by Kuleto himself, outfitted with commercial... Read More »