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Articles Filed Under: RealRecentReductions

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A Million Dollar Price Cut and End of Year Sale

A Million Dollar Price Cut and End of Year Sale

Purchased for $1.7 million in June of 2017, the 947-square-foot, one-bedroom unit #30C in the Four Seasons Residences at 765 Market Street was subsequently remodeled – from its floor to ceiling and kitchen to bath – in an all-white “Modern Mediterranean-style,” with high-end finishes, custom-made lacquer cabinetry and built-ins,... Read More »

Inventory, Sales and Price Per Square Foot Drops

With typical seasonality in play, the net number of homes on the market in San Francisco dropped another 18 percent over the past week to 600, representing 45 percent fewer homes on the market than at the same time last year but 50 percent more than there were prior... Read More »

Haas Penthouse Fetches Less Than 50 Percent of Original List

Haas Penthouse Fetches Less Than 50 Percent of Original List

The 5,180-square-foot “Haas Penthouse” atop 2100 Pacific Avenue, “one of the most important penthouse apartments in San Francisco,” according to its sales agents, with extensive wall space that was positioned as a feature “for a serious art collector’s “Gallery in the Sky,” hit the market priced at $14.75 million... Read More »

Pace of Home Sales and Inventory Levels Tick Down in S.F.

The number of homes on the market in San Francisco ticked down another 3 percent over the past week to 820, which is 42 percent lower than at the same time last year and shouldn’t have caught any plugged-in readers by surprise. At the same time, the net number... Read More »

Listed Inventory Down Over 40 Percent in San Francisco, But…

Driven by a seasonal drop in new listing activity, the net number of homes on the market in San Francisco dropped another 9 percent over the past week to 850, representing 44 percent less listed inventory than at the same time last year, which shouldn’t have caught any plugged-in... Read More »

Number of Homes on the Market in S.F. Continues to Drop

The net number of homes on the market in San Francisco dropped another 9 percent over the past week to 930, as was to be expected, and listed inventory levels are now 45 percent lower than they were at the same time last year. That being said, inventory levels... Read More »

Number of Homes on the Market in S.F. Down 44 Percent, But…

Number of Homes on the Market in S.F. Down 44 Percent, But…

Having peaked last month, the net number of homes on the market in San Francisco has since dropped 19 percent to 1,020 and listed inventory levels are now 44 percent lower than they were at the same time last year. That being said, inventory levels in San Francisco are... Read More »

Condo Alternative Cottage Slips Further Below Its 2016 Price

Condo Alternative Cottage Slips Further Below Its 2016 Price

As we outlined at the end of last year, the light-filled, one-bedroom cottage at 4353 17th Street, which sits above the Castro in Corona Heights and was purchased for $675,000 in January of 2014, re-sold for $915,000 in November of 2016, representing total appreciation of 35.6 percent over those... Read More »

Prestigious Palo Alto Home Reduced, Listed for a(nother) Loss

Prestigious Palo Alto Home Reduced, Listed for a(nother) Loss

As we outlined last month: Purchased for $8.5 million in June of 2016, the “sumptuous” Palo Alto home at 1117 Hamilton Street, which measures 3,376 square feet, sits on a prestigious 10,000-square-foot Crescent Park parcel, and features “exquisite architectural and interior design, exotically-sourced materials, hand-crafted finishes, and elegant appointments... Read More »

Number of Homes on the Market in S.F. Drops, Asking PPSF Too

Following a trend that shouldn’t catch any plugged-in readers by surprise, the net number of homes on the market in San Francisco, which peaked exactly three weeks ago, ticked down five (5) percent over the past week to 1,150, driven by a slowdown in listing activity versus a jump... Read More »