As a plugged-in reader notes, the sale of 41 Castle closed escrow yesterday with a reported contract price of $2,500,000 ($789 per square foot). The 3,170 square foot recently rebuilt Telegraph Hill house had been listed for $3,950,000 in June 2007.
Last asking $2,750,000 having been reduced and relisted anew four times, three times in the past year alone, it’s officially 9 percent under asking and just 52 days on the market according to industry statistics.
∙ A Castle Perch From Which To Ponder San Francisco (And DOM Stats) [SocketSite]
