CFAH

Articles Filed Under: RealRecentReductions

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High-End Condo Reduced to Over 30% Below Its 2018 Price

High-End Condo Reduced to Over 30% Below Its 2018 Price

While not recorded on the MLS, the three-bedroom, three-bath unit #60A at 181 Fremont Street appears to have been purchased for $5,772,672 in May of 2018, based on our review of its deed, as we first outlined a couple of years ago. As we also outlined at the time,... Read More »

Number of Homes for Sale in San Francisco Up Nearly 40 Percent

The net number of homes on the market in San Francisco ticked another 6 percent over the past week from what was already a higher 11-year seasonal high to nearly 1,300 listings, driven by a pronounced slowdown in the pace of sales, trends which shouldn’t have caught any plugged-in... Read More »

Storied Venue Further Reduced Below Replacement Cost

Storied Venue Further Reduced Below Replacement Cost

As we outlined back in September of 2019: Built for an Italian men’s club in 1919, complete with a gym, boxing ring, and private social/supper club space, the ornate “Garibaldi Hall” at 435/443 Broadway, which is now on the market, has a storied history to tell. The roughly 12,000-square-foot... Read More »

Number of Homes for Sale in San Francisco Climbs

Number of Homes for Sale in San Francisco Climbs

With the pace of home sales in San Francisco having been down around 15 percent on a year-over-year basis over the past month while listing activity is up, the net number of homes on the market in San Francisco climbed another 6 percent over the past week to 1,250,... Read More »

Inventory and Price Cuts Tick Up in San Francisco

The net number of homes on the market in San Francisco (i.e., inventory) ticked up another 3 percent over the past week from what was already an 11-year seasonal high with the pace of sales currently down 15 percent on a year-over-year basis, despite the marked increase in supply. ... Read More »

Pre-Pandemic Pricing Versus Spot Value for a Twisty Two

Pre-Pandemic Pricing Versus Spot Value for a Twisty Two

Priced at $1.93 million, or $1,596 per square foot, in September of 2019, the listing for the brand new two-bedroom, two-bath unit #24C with southwest corner views in the twisty MIRA tower at 280 Spear Street was removed from the MLS in January of 2020. Listed anew for $1.835... Read More »

Number of Homes for Sale in San Francisco Keeps Climbing

Number of Homes for Sale in San Francisco Keeps Climbing

Driven by a pronounced slowdown in the pace of sales, the net number of homes on the market in San Francisco (i.e., listed inventory) ticked up another 8 percent over the past week from what was already an 11-year seasonal high. As such, there are now 30 percent more... Read More »

Number of Homes for Sale in San Francisco Up, Sales Down

Having ticked back up to an 11-year seasonal high last week, the net number of homes on the market in San Francisco (i.e., inventory) has since ticked up another 3 percent to 1,070. As such, there are now 24 percent more homes on the market than there were at... Read More »

Inventory Levels Tick Back Up in San Francisco

Having ticked down last week, the net number of homes on the market in San Francisco (i.e., inventory) has since ticked back up to an 11-year seasonal high, driven by a rebound in new listing activity as well as a continued slowdown in sales. As such, there are now... Read More »

Rebuilt Crown Jewel of Noe Valley Reduced, Relisted Anew

Rebuilt Crown Jewel of Noe Valley Reduced, Relisted Anew

Speaking of price reductions, the modern 6,000-square-foot home at 625 Duncan Street, “one of the most magnificent crown jewels of Noe Valley,” has just been relisted anew for $7.995 million, down from $9.95 million in December and $12 million in November of last year but with an official “1”... Read More »