Articles Filed Under: RealRecentReductions

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How to sell a Prime Presidio Heights Home in Just One Day

How to sell a Prime Presidio Heights Home in Just One Day

The remodeled 6,245-square-foot home at 3530 Washington Street, “on one of the finest blocks in Presidio Heights,” appears to have been priced in late 2018 and was officially listed for $10.25 million in May of last year. The five-floor home features “Bay and Golden Gate views” from its rear-facing... Read More »

2019 Ends with Fewer Homes for Sale in SF, Pending Sales Up

2019 Ends with Fewer Homes for Sale in SF, Pending Sales Up

With only a handful of homes having been newly listed for sale over the past week and the seasonal culling of unsold listings – most of which are likely return to the market as “new” in the new year – having peaked, the number of homes officially listed for... Read More »

Reductions on the Rise, Let us Count the Ways…

With roughly 29 percent of the homes currently listed for sale in San Francisco have been reduced at least once, which is three percentage points higher than at the same time last year, we turn our attention to the various verbiage and positioning now in play. There’s the straightforward... Read More »

End-of-Year Pricing in Play

End-of-Year Pricing in Play

Purchased for $1,055,500 in June of 2017, the 819-square-foot unit #11G at 401 Harrison Street, a “highly coveted corner 1br home w/ water & marina views at The Harrison,” returned to the market priced at $1,149,000 last year. In addition to Siberian oak flooring and high-end appliances in the... Read More »

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 »