It looks like Jen and Victoria underbid 118 Joost by $20,000 (it sold for $830,000 or 19.4% over asking). And as another reader was quick to note, 339 Cumberland closed escrow on 7/12 for $2,335,000 (2.1% under asking).
1310 Minnesota #206 sold for “market value” at $609,000 (but $30,000 or 4.7% below original asking), as did 464 Tehama at $3,200,000 (1.5% under list), 119 Hancock at $965,000 (7.3% over list), 1703 Octavia at $1,870,000 (14.8% under original asking), and 130 Santa Ana Avenue at $2,000,000 (11.4% over asking).
Both 3512 Clay Street and 1771 North Point closed for what appear to be “undisclosed amounts” (tipsters?), and once again, 442 Anderson closed escrow on 6/29 for $1,230,000 (27% over asking) while 20 Villa Terrace closed on 7/13 for $1,523,660 (39% under original asking).
Editor’s Note: These listings are not intended to be (and are not) representative of the market as a whole (although there are a few interesting data points) and simply represent an update on properties that we happen to have written about in the past (in case you’d like to know how the story, or at least chapter, ends).
UPDATE (7/18): The reported contract price for 339 Cumberland has been changed from $2,235,000 to $2,335,000 (2.1% below asking). We’re guessing nothing nefarious and simply a data entry error.
∙ There’s Something To Be Said For Pride Of Ownership (When There Is) [SocketSite]
∙ Windows, Views, And A Big Orange Garage Door [SocketSite]
∙ Not Quite “Instant Equity” (But Close) [SocketSite]
∙ No Words (Just Drool) [SocketSite]
∙ A Plugged-In Reader Recommends: 119 Hancock Street [SocketSite]
∙ Real Estate Numerology: The Numbers Seven And Two [SocketSite]
∙ A SocketSite Reader Reports: 130 Santa Ana Avenue [SocketSite]
∙ Then Again, You Can Probably Afford A Driver (Or Two) [SocketSite]
∙ The “Marina Green Showcase” Hits The Market (1771 North Point) [SocketSite]
∙ Pick Your Proof: “See, I Told You The Market Is Up/Down!” [SocketSite]