Articles Filed Under: RealRecentReductions

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Price Cut for Sleek Loft Already Listed Below its 2014 Price

Price Cut for Sleek Loft Already Listed Below its 2014 Price

As we wrote last month: Purchased for $1.75 million in October of 2014, the “modern and sleek” unit #5 in The Silver Building, a full-floor loft conversion with exposed beams, eleven foot ceilings, high-end finishes and air conditioning at 10 Mint Plaza, a Mid-Market location a few blocks from... Read More »

40 Percent More Homes on the Market in San Francisco

Having peaked at a 7-year high last month in the absolute, the relative number of homes listed for sale in the San Francisco (940) remains around 40 percent higher versus the same time last year. At a more granular level, the number of single-family homes currently listed for sale... Read More »

Million Dollar Reduction for Rare Pac Heights Parcel and Plans

Million Dollar Reduction for Rare Pac Heights Parcel and Plans

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 market earlier this year with a $9.995 million... Read More »

Inventory Peaks in San Francisco, Price Cuts on the Rise

With the number of homes actively listed for sale in the San Francisco hovering around 960, the 7-year high it hit last week, inventory levels appear to have peaked for the year and are now running an average of 40 percent higher on a year-over-year basis. At a more granular... Read More »

Modern Mid-Market Loft Now Listed Below its 2014 Price

Modern Mid-Market Loft Now Listed Below its 2014 Price

Purchased for $1.75 million in October of 2014, the “modern and sleek” unit #5 in The Silver Building, a full-floor loft conversion with exposed beams, eleven foot ceilings, high-end finishes and air conditioning at 10 Mint Plaza, a Mid-Market location a few blocks from Twitter, returned to the market... Read More »

$2 Million “Adjustment” for That Modern Silicon Valley Mansion

$2 Million “Adjustment” for That Modern Silicon Valley Mansion

Having been priced at $29.8 million earlier this year and now 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 new Atherton mansion at 96 Ridge View Drive has just officially... Read More »

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

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

It would appear we called the “top” too soon, at least with respect to the number of homes listed for sale in the San Francisco. And having hit a 7-year high in September, the inventory of homes on the market in San Francisco has ticked up another 6.7 percent... Read More »

Modern $10M Tiburon Home Now Listed at a Loss

Modern $10M Tiburon Home Now Listed at a Loss

Designed by Sutton Suzuki Architects and built in 2009, the 5,400-square-foot Tiburon home at 1925 Straits View Drive, with modern finishes and sweeping views of the bay, Golden Gate bridge and San Francisco skyline, was purchased for $10.1 million in October of 2015 having hit the market priced at... Read More »

Bigger Cut for Approved Development in the Trendyloin

Bigger Cut for Approved Development in the Trendyloin

As we reported last year: Purchased as an un-entitled Tenderloin parcel for $1.6 million three years ago, plans for an eight-story, market-rate building with 23 sub-500-square-foot residential units to rise on the 430 Eddy Street site were approved by the City . Two months later, the now “Fully... Read More »

Sub-2015 Priced ‘Ultra-Premium’ Condo in the Mission Reduced

Sub-2015 Priced ‘Ultra-Premium’ Condo in the Mission Reduced

Purchased for $1.625 million in mid-2015, the two-bedroom Mission District condo #205 in the “V20” building at 3590 20th Street, at the corner of Valencia, was on the market for 4.7 percent less ($1.549 million) last year but failed to find a buyer. Today, the “ultra-premium V20 home” is... Read More »