Listings Spotlight

What $1 Million Buys In SF’s North Panhandle

What $1 Million Buys In SF’s North Panhandle

As the Median Sales Price in San Francisco continues to rise — up ±18% from the start of the year — homes priced to sell under $1 million are increasingly hard to find. In fact, properties at all price points are seemingly too few to meet buyer demand. Here in the North Panhandle neighborhood, there are just 15 Single-Family and Condo/TIC/Coop...

VIP Homes For Sale: Janis Joplin, Haig Patigian, Ken Fulk

VIP Homes For Sale: Janis Joplin, Haig Patigian, Ken Fulk

It's a line as true today as it was when Paul Kantner said it over a half-century ago: San Francisco is 49 square miles surrounded by reality. Indeed, it's an undeniably exceptional place — culturally, geographically, economically — and touched by some of the world's most extraordinary people. From tech titans to politicians to artists to old...

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New Developments

2177 Third Is 80% Sold, New Home Prices Reduced

2177 Third Is 80% Sold, New Home Prices Reduced

When it comes to modern condominium developments in the Dogpatch neighborhood, 2177 Third is the standout. Premium is the standard here, from resident concierge and valet services, and on-site amenities aplenty, to the high-end custom finishes that grace all 114 homes. And mere steps from Crane Cove Park, RH San Francisco, and the Chase Center,...

Inside The $13 Million Penthouse At 181 Fremont

Inside The $13 Million Penthouse At 181 Fremont

Word on the street is that San Francisco's condo market is on the mend. According to data reported to the San Francisco Association of REALTORS®, last month's Median Sales Price hit $1,150,000 citywide — an increase of more than 10 percent from the start of this year. And while bidding wars are most definitely back in most parts of town, and...

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Pro Tips, Etc

Soaring Prices & Fierce Competition: The Growth Cycle Has Begun

Soaring Prices & Fierce Competition: The Growth Cycle Has Begun

Make a visit to any open house this spring and you'll likely encounter multiple house hunters eager to make a deal. And while many new listings are accompanied by the invitation to submit an offer on some specific date 1-2 weeks out, buyers are not waiting. In fact, we've witnessed more than one pre-emptive bidding war recently. Winning offers...

Market Frenzy Is Back, Here’s What Buyers Can Expect

Market Frenzy Is Back, Here’s What Buyers Can Expect

Those who experienced San Francisco's real state market during the tech boom know what fever pitch looks like. On the ground, it was long lines to get into open houses, 20+ buyer bidding wars, and prices soaring faster than appraisers could substantiate. From the start of recovery post-Great Recession in 2012 until the onset of the COVID-19...

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Preview

Home On Alamo Square’s “Seattle Block” Prepares For Sale

Home On Alamo Square’s “Seattle Block” Prepares For Sale

The world-famous painted ladies of Postcard Row draw millions of visitors to Alamo Square each year, but the historic district has no shortage of eyepopping real estate all around. There's the lineup of resplendent Queen Annes just one block north on the 800 block of Steiner Street, the landmark Archbishop's Mansion at 1000 Fulton Street, and...

High Life: Hilltop Modern Masterpiece Quietly Lists For $20 Million

High Life: Hilltop Modern Masterpiece Quietly Lists For $20 Million

Purchased not so long ago for a record-shattering $17.5 million, San Francisco's highest-altitude private residence is once again on the market. Make no mistake, its singular perch atop Mount Sutro is only the beginning of all that distinguishes 150 Glenbrook Avenue. Inspired design by award-winning architect John Maniscalco, 7,400+ square feet...

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Deals

Herbst Manor Sheds $1 Million (Again), Now $12,990,000

Herbst Manor Sheds $1 Million (Again), Now $12,990,000

Update 11 April 2024: The list price of 2800 Pacific Avenue has been reduced to $12,740,000.   —   This year is already shaping up to be one for the books, an inflection point for local real estate amidst growing confidence that the worst is over. Venture capital is flowing into the city, investors are betting big on revitalization, and...

Top Underbids Of The Past 30 Days

Top Underbids Of The Past 30 Days

The market is heating up in San Francisco! As we reported earlier this month, open houses are booming, bidding wars are back, and prices are trending up. While the number of New Listings hitting the market last month is unchanged from a year ago, Pending Sales clocked an impressive 39.9% increase. At the same time, the Median Sales Price rose...

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Data

SF House & Condo/TIC/Coop Market Metrics, April 2024

SF House & Condo/TIC/Coop Market Metrics, April 2024

The following is adapted from the April 2024 Monthly Indicators report published by the San Francisco Association of REALTORS®. Elevated mortgage interest rates and rising sales prices continue to keep some prospective buyers on the sidelines. The benchmark 30-year fixed rate spent the second half of the month above 7 percent, reaching the...

SF House & Condo/TIC/Coop Market Metrics, March 2024

SF House & Condo/TIC/Coop Market Metrics, March 2024

The following is adapted from the March 2024 Monthly Indicators report published by the San Francisco Association of REALTORS®. Across the country, existing-home sales existing home sales improved for the second month in a row, jumping 9.5 percent — the largest monthly gain in a year, according to the National Association of REALTORS®. The...

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Extreme Overbids

SF Askhole Of The Month, April 2024

SF Askhole Of The Month, April 2024

If the head-turning world of San Francisco real estate has any constant no matter the times, it's OUTRAGEOUS overbids. Indeed, local agents have a unique and longstanding custom of pricing listings strategically with the goal of generating multiple offers. It's an effective means of arriving at true market value when done responsibly. Taken to...

SF Askhole Of The Month, March 2024

SF Askhole Of The Month, March 2024

If the head-turning world of San Francisco real estate has any constant no matter the times, it's OUTRAGEOUS overbids. Indeed, local agents have a unique and longstanding custom of pricing listings strategically with the goal of generating multiple offers. It's an effective means of arriving at true market value when done responsibly. Taken to...

SF Askhole Of The Month, February 2024

SF Askhole Of The Month, February 2024

If the head-turning world of San Francisco real estate has any constant no matter the times, it's OUTRAGEOUS overbids. Indeed, local agents have a unique and longstanding custom of pricing listings...

SF Askhole Of The Month, January 2024

SF Askhole Of The Month, January 2024

If the head-turning world of San Francisco real estate has any constant no matter the times, it's OUTRAGEOUS overbids. Indeed, local agents have a unique and longstanding custom of pricing listings...

SF Askhole Of The Month, December 2023

SF Askhole Of The Month, December 2023

If the head-turning world of San Francisco real estate has any constant no matter the times, it's OUTRAGEOUS overbids. Indeed, local agents have a unique and longstanding custom of pricing listings...

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