Last year when people asked me about the real estate market, I told them it was a great time to buy. You don’t often see a buyer’s market in San Francisco but last year was it. Condo prices were down, particularly in elevator buildings in South of Market, and homes, while holding their value, were not appreciating like they had in the past. Some people told me they would wait until next year as they thought the market would continue …
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Tag: Inner Mission
It feels like a cooler wind is hitting our market. I saw twelve properties of varying price points between $699,000 and $4,700,000 on Broker’s Tour today. They were in the north and south ends of the city, including Presidio Heights, Pacific Heights, Nob Hill, Russian Hill, Noe Valley, the Inner Mission and Glen Park. In a hot market, some agents list properties with an “offer date,” a date when offers will be reviewed, to create a sense of urgency and …
There are some terrific homes out there that I have seen which have not come on the public market yet. This past week I saw a home that stood out in the Inner Mission which is worth seeing. It’s a 1905 San Francisco classic with three levels consisting of five bedrooms and six baths in 4635 square feet of space. It last sold exactly two years ago today on Halloween. It sold for $3,525,000 and is currently listed for $4,400,000. …