CFAH

Articles Filed Under: RealRecentReductions

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Landmark Doelger Building Listed for $1.5M!

Landmark Doelger Building Listed for $1.5M!

Having been listed for $8 million near the end of 2019, relisted for $7.45 million last year, and then reduced three times, down to $5.16 million last October, the landmarked Art Deco building with a Streamline Modern addition at 320-326 Judah Street, which was built for the San Francisco... Read More »

Over 40% More Sub-Million Dollar Homes on the Market in SF

While the net number of condos and single-family homes listed for sale in San Francisco (1,160) ticked down 2 percent over the past week, as is typical for the first week of August, there are still over 30 percent more homes on the market than there were at the... Read More »

Inventory in San Francisco Is Up 30 Percent, Sales Drop

While the net number of single-family homes and condos for sale in San Francisco inched down a little under a percent over the past week to 1,180, inventory levels typically drop closer to 10 percent at the end of July based on historic seasonality and late summer slowdowns. And... Read More »

Fraudster’s Luxuriously Crafted Townhome Forfeited, Reduced

Fraudster’s Luxuriously Crafted Townhome Forfeited, Reduced

Purchased by a former Cisco Executive for $3.5 million in 2016 with funds that appear to have been acquired by way of an illegal kickback scheme, the 2,888-square-foot townhome unit #108 at The Pacific (a.k.a. 2121 Webster Street) was forfeited to the U.S. Government this past April and listed... Read More »

Number of Homes for Sale in S.F. Peaks, Reductions Rise

Number of Homes for Sale in S.F. Peaks, Reductions Rise

Driven by a slowdown in new listing activity rather than an uptick in sales, the net number of homes on the market in San Francisco (i.e., inventory) dropped 9 percent over the past week to 1,190 but is still 25 percent higher than at the same time last year,... Read More »

Number of Homes for Sale in S.F. Up Over 35 Percent YOY

Number of Homes for Sale in S.F. Up Over 35 Percent YOY

With an ongoing slowdown in the pace of sales, the net number of homes on the market in San Francisco ticked up 9 percent over the past week and is up over 35 percent, year-over-year. With the uptick last week, listed inventory in San Francisco is now nearly 70... Read More »

Contemporary One-Bedroom Condo Slips Below Its 2016 Price

Contemporary One-Bedroom Condo Slips Below Its 2016 Price

Purchased for $650,000 in March of 2016, the 545-square-foot, one-bedroom unit #206 at 870 Harrison Street, which was built by JS Sullivan in 2015 and features “floor-to-ceiling windows with an open layout creating a modern and open living space,” along with a Bertazzoni range in the kitchen and “abundant... Read More »

Another Reduction for the Redeveloped BrainWash Building/Site

Another Reduction for the Redeveloped BrainWash Building/Site

Purchased for $4.6 million in February of 2018 and then remodeled to yield four office suites over an open 4,000-square-foot retail space, with four new bathrooms and a newly poured slab floor, the two-story Western SoMa building at the corner of Folsom and Langton Streets, which was home to... Read More »

Price Cut(s) for Permitted Third Street Building to Rise

Price Cut(s) for Permitted Third Street Building to Rise

Acquired for $1,075,000 in the second quarter of 2018, with plans for a skinny six-story, seven-unit building to rise on the site having been drawn, the fire-damaged McAfee’s One Hour Martinizing building at 4128 Third Street then re-sold at loss for $906,500 in June of 2019. Permits to clear... Read More »

Number of Homes for Sale in San Francisco Drops, But…

Driven by a typical slowdown in new listing activity prior to a holiday weekend, the net number of homes on the market in San Francisco (a.k.a “inventory”) dropped 10 percent over the past week and currently totals 1,200. That being said, with the pace of home sales in San... Read More »