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The List That Just Won’t Quit | San Francisco’s Top 10 Overbids Of The Week

To say the Richmond District single family home market is hot right now is a wee little understatement. It’s white hot.

Overbid of $712,000 aside, it’s another $1100 per square foot sale in an area of town previously undiscovered and overlooked. I guess the secret is out…

Address BR/BA/Units DOM List Price Sold Price Overbid 571 20th Avenue 3/2.00/N/A 12 $1,388,000 $2,100,000 51.30% 1463 40th Avenue 2/1.00/N/A 14 $899,000 $1,350,000 50.17% 844 Detroit Street 3/1.00/N/A 22 $899,000 $1,300,000 44.61% 171 Ledyard Street 2/2.00/N/A 11 $599,000 $850,000 41.90% 340 Benton Avenue 3/2.50/ 15 $829,000 $1,142,500 37.82% 1523 26th Avenue 3/2.00/N/A 17 $998,000 $1,375,000 37.78% 3030 Rivera Street 3/2.00/N/A 12 $899,000 $1,235,000 37.37% 4045 Ocean Avenue 3/2.00/N/A 10 $1,195,000 $1,622,000 35.73% 849 44th Avenue 3/1.00/N/A 10 $1,049,000 $1,410,000 34.41% 74 Winfield Street 76 2-4 Units 29 $995,000 $1,320,000 32.66%

Special mention to my listing at 849 44th Ave that barely made it to the list even as nuts as our situation there was!

These lists are very “real-time”, and a good indication of pockets of our market. For a broader look at the San Francisco market I continually refer people to my favorite resource in Patrick Carlisle at Paragon Real Estate:
–30+ Years of San Francisco Real Estate Cycles
–Preliminary Indications of Direction of the San Francisco 2017 Market

Have a great weekend! It’s gonna be a cracker, so get out and enjoy.

–Five days later and $361,000 Over, 849 44th Ave Sets New Record Price Per Square Foot in the Outer Richmond [theFrontSteps]


Filed under: Alexander Clark, Listings, Maximum Overbid ™, Outer Richmond, Recent Transactions, Richmond, theFrontSteps

Article by thefrontsteps (c) theFrontSteps | San Francisco Real Estate - Read full story here.