Data reported by realtor.com reveals that, on average, more than 30 listings per day received price cuts in May 2023. While sometimes resulting in a transparent buy-it-now price or one designed to create a bidding war (a teaser price if you will), motivated sellers wishing to strike a deal sooner rather than later may still accept less. The recent sales below were all below-list following at least one reduction.
Notice the array of properties: luxury and entry-level homes, recently built and fixer-uppers, single-family and condominium and tenancy-in-common. There are opportunities across the board, just waiting for buyers to shoot their shot.
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3516 Clay Street
$6,160,000 (31.56% Under Original List)
› Neighborhood: Presidio Heights
› Single-Family: 5 Bedroom, 3+ Bath
› Listing Details
301 Mission Street #42D
$2,200,000 (29.03% Under Original List)
› Neighborhood: Yerba Buena
› Condominium: 3 Bedroom, 3 Bath
› Listing Details
2737 Bush Street
$925,000 (28.57% Under Original List)
› Neighborhood: Lower Pacific Heights
› Tenancy-In-Common: 2 Bedroom, 2 Bath
› Listing Details
5624 Fulton Street
$1,430,000 (24.70% Under Original List)
› Neighborhood: Outer Richmond
› Single-Family: 3 Bedroom, 2 Bath
› Listing Details
2131 Quintara Street
$980,000 (24.50% Under Original List)
› Neighborhood: Parkside
› Single-Family: 2 Bedroom, 1 Bath
› Listing Details
2811 Bush Street
$2,175,000 (20.88% Under Original List)
› Neighborhood: Lower Pacific Heights
› Single-Family: 3 Bedroom, 2 Bath
› Listing Details
2590 Union Street
$7,250,000 (19.40% Under Original List)
› Neighborhood: Cow Hollow
› Single-Family: 5 Bedroom, 3+ Bath
› Listing Details
570 Arlington Street
$1,200,000 (19.35% Under Original List)
› Neighborhood: Glen Park
› Single-Family: 3 Bedroom, 2 Bath
› Listing Details
2836 36th Avenue
$1,700,000 (18.85% Under Original List)
› Neighborhood: Pine Lake Park
› Single-Family: 4 Bedroom, 3 Bath
› Listing Details
338 Spear Street #18B
$1,800,000 (17.20% Under Original List)
› Neighborhood: South Beach
› Condominium: 2 Bedroom, 2 Bath
› Listing Details
31 Kirkwood Avenue
$999,000 (17.44% Under Original List)
› Neighborhood: Hunters Point
› Condominium: 3 Bedroom, 2+ Bath
› Listing Details
1650 Broadway Street #606
$1,125,000 (16.36% Under Original List)
› Neighborhood: Pacific Heights
› Condominium: 1 Bedroom, 2 Bath
› Listing Details
4031 19th Street
$3,360,000 (15.89% Under Original List)
› Neighborhood: Eureka Valley
› Single-Family: 3 Bedroom, 4 Bath
› Listing Details
88 KingStreet #919
$1,200,000 (15.79% Under Original List)
› Neighborhood: South Beach
› Condominium: 2 Bedroom, 2 Bath
› Listing Details
2057 15th Street #E
$960,000 (14.97% Under Original List)
› Neighborhood: Eureka Valley
› Tenancy-In-Common: 3 Bedroom, 2 Bath
› Listing Details
100 Brentwood Avenue
$2,788,000 (12.88% Under Original List)
› Neighborhood: Westwood Highlands
› Single-Family: 4 Bedroom, 4 Bath
› Listing Details
3347 Divisadero Street
$2,775,000 (11.62% Under Original List)
› Neighborhood: Marina District
› Tenancy-In-Common: 5 Bedroom, 4 Bath
› Listing Details
1363 Sanchez Street
$4,300,000 (10.32% Under Original List)
› Neighborhood: Noe Valley
› Single-Family: 4 Bedroom, 3+ Bath
› Listing Details