Articles Filed Under: RealRecentReductions

(883 posts)
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 »

They’re Back!

They’re Back!

As we expected, at least 7 of the listings in the 776 Tehama/1277 Howard development are back on the MLS with…wait for it…new pictures, new MLS numbers, and new prices. So while it might appear like the units have only been on the market for a week, they’ve actually... Read More »

We’ve Added “Fantastic” To The List

We’ve Added “Fantastic” To The List

Not “Dramatic”, “Drastic”, “Big”, “Major”, or “Huge”; but rather a “FANTASTIC PRICE REDUCTION!” for 65 Saint Germain (reduced by $625,000 (11.1%) and now listed at an even $5,000,000). Update: A day after we noted the “FANTASTIC” $625,000 reduction, Hill & Co. dropped the price by another $500,000 (now listed... Read More »

When “SOLD!” Really Isn’t Sold

When “SOLD!” Really Isn’t Sold

Despite being marketed as “SOLD!” over the past six weeks, we recently noticed a listing for 776 Tehama #9. As we previously noted, #9 is a Below Market Rate (BMR) unit and will be offered through the Mayors Office of Housing for $247,566. Not a bad deal considering that... Read More »

A Premature Reduction?

A Premature Reduction?

After a whopping eight days on the market, the asking price for 32 Arnold Avenue was reduced 5% from $875,000 to $829,000 (according to ZipRealty). We can’t help but wonder: a lack of patience, a lack of pricing acumen, or a lack of reality? Listing: 32 Arnold Avenue (2/2)... Read More »