Articles Filed Under: RealRecentReductions

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Sub-2016 Pricing for a Luxury Two-Bedroom with Views

Sub-2016 Pricing for a Luxury Two-Bedroom with Views

Purchased for $2.425 million in April of 2016, the two-bedroom unit #22E in the LUMINA tower at 338 Main Street returned to the market looking nearly new and priced at $2.488 million this past June, a sale at which would have represented total appreciation of 2.6 percent for the... Read More »

Price for the “Most Expensive Home in San Francisco” Reduced

Price for the “Most Expensive Home in San Francisco” Reduced

Priced at $45 million last year, which was misreported by some as being “the most expensive home ever listed” in San Francisco, “Residence 950” at 950 Lombard Street – which now offers around 9,500 square feet of rather spectacular living space spread across a 15,700-square-foot Russian Hill lot with... Read More »

Number of Homes for Sale in SF Is About to Jump

Number of Homes for Sale in SF Is About to Jump

With a typical seasonal nadir now a week away, the number of homes listed for sale in San Francisco has ticked down to 530, which is 4 percent fewer than at the same time last year, driven by a drop in listing activity along with an uptick in sales.... Read More »

Another Couple Cuts for Famed Restaurateur’s Wine County Estate

Another Couple Cuts for Famed Restaurateur’s Wine County Estate

As we first outlined back in January: Built for the famed San Francisco restaurateur, Pat Kuleto, in 1995, the 6,000-square-foot “Villa Cucina” sits on 40 acres of prime wine country land, 4.5 acres of which are planted with mature Cabernet, Zinfadel and Muscat vines. As one would expect, the... Read More »

Serenity Now Listed for 54 Percent Less

Serenity Now Listed for 54 Percent Less

Having hit the market priced at $42 million back in early 2015, the list price for the 101-acre Alamo estate at 10 Serenity Lane was reduced to $35 at the end of that year and then to $28 million in the first quarter of 2016. In addition to a nearly... Read More »

Inventory Levels Drop in San Francisco but Still up Year-Over-Year

While the number of homes officially on the market in San Francisco dropped 10 percent over the past week with typical seasonality in play, inventory levels remain 2 percent higher on a year-over-year basis and sales are down. At the same time, the percentage of listings which have undergone... Read More »

Rare Yerba Buena Terrace Unit Drops Below its 2015 Price

Rare Yerba Buena Terrace Unit Drops Below its 2015 Price

Purchased for $1.515 million in September of 2015, the upgraded 1,400-square-foot Yerba Buena Loft unit #523 at 855 Folsom Street, which was designed by Stanley Saitowitz and is “one of the area’s most sought after addresses,” is outfitted with two bedrooms, two baths, a private 400-square-foot south facing terrace... Read More »

Newly Reduced at the Ritz (To 35 Percent Below Its 2015 Price)

Newly Reduced at the Ritz (To 35 Percent Below Its 2015 Price)

As we outlined earlier this year: 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... Read More »

Reductions on the Rise as the Pace of Sales Slows in San Francisco

While the number of homes listed for sale in San Francisco slipped 4 percent over the past week with typical seasonality in play, inventory levels are running 3 percent higher on a year-over-year basis as the pace of sales has dropped, a trend which shouldn’t catch any plugged-in readers... Read More »

A Once in a Lifetime Opportunity Returns, Reduced

A Once in a Lifetime Opportunity Returns, Reduced

Designed by Alan Page and built on a nearly one-acre lot “in the heart of Lafayette’s sought–after Happy Valley,” the roughly 6,000-square-foot home at 22 Toledo Court boasts “elite craftsmanship, state-of-the-art technology, elegant lines and quality finishes throughout,” with an infinity-edge pool, outdoor fireplace and a covered loggia adjacent... Read More »