Articles Filed Under: RealRecentReductions

(817 posts)

Opportunity, Funk, And The Color Purple

Back in April, 2415 Van Ness #606 was advertised as a “rare opportunity” but failed to sell at $549,000. We’re hoping they used the past couple of months to remodel, because it’s back on the market, it’s still being advertised as a “rare opportunity,” and it’s now $579,000. Speaking... Read More »

What’s After Anxious?

What’s After Anxious?

According to the listing for 855 Oak Street, the “Seller anxious!” That might explain the $701,000 (41%) price cut a month ago (and yet it’s still on the market). ∙ Listing: 855 Oak Street – $999,000 Read More »

Irony Or Foreshadowing?

Irony Or Foreshadowing?

It probably didn’t seem quite so ironic to have originally included “Sellers to remain on the property at no cost until 9/29” in the listing for 1141-1145 Filbert. But after two months on the market, and a $1,250,000 (25%) reduction, it’s looking like the sellers just might have an... Read More »

Betting On A Bidding War?

Betting On A Bidding War?

A tipster notes that after two weeks on the market, the list price for 142 Saturn was reduced $124,000 (8.8%). Three weeks later, the price was dropped another $276,000 (27.6%). With “Offers on 6/21,” we’re guessing that they’ve changed pricing strategies from “reaching for the stars” to “betting on... Read More »

Free Plasmas Coming Soon?

Free Plasmas Coming Soon?

Two months ago we introduced you to Alamo Square at which time the sales office was reporting “approximately 60% sold” with one-bedrooms from $535,000 and two-bedrooms from $695,000. Well, it appears that selling at least a portion of that last 40% is proving to be a bit of a... Read More »

RealRecentReductions: Twofer

RealRecentReductions: Twofer

After over a year on the market (listed 5/9/05), 3367 Washington has just reduced their asking price by $250,000 (4.2%). While on the same day, and after only a month on the market (listed 5/10/06), 765 Market #22A reduced their asking price by $200,000 (5.2%). And if for some... Read More »

Krafft Work

Krafft Work

A turn of the century condo at 2616 Jackson, and which is “attributed to renown architect” Julius E. Krafft, has been on the market for three months and has just undergone a second “Unbeatable price reduction!” of $405,000 (first reduction was $200,000). The condo is now listed at... Read More »

Even More Instant Equity!

In April we alerted you to the “instant equity” over-promise of 618 Precita Ave. And now a tipster points out that the property was re-listed at a reduced price two weeks ago, and was then reduced yet again last Friday (now listed at $799,000). For those of you who... Read More »

Not Huge (But Not Bad)

Not Huge (But Not Bad)

Despite a “Huge Price Reduction of $406,000!” this past April, 1081 Pine Street #401 failed to sell and has since changed brokers and been reduced by another $194,000 (7.8%). ∙ Huge Reduction(s) At 1081 Pine Street ∙ Listings: 1081 Pine Street #401 (3/3) – $2,295,000 Read More »

That’s $50,000 Per Week

That’s $50,000 Per Week

After less than two weeks on the market, 1515 Lyon Street has been reduced $100,000 (6.9%). Apparently people are getting jumpy out there. And the market has most definitely changed. ∙ Listing: 1515 Lyon (3/3) – $1,350,000 ∙ A Premature Reduction? Read More »