Articles Filed Under: RealRecentReductions

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Price Reductions for Homes in San Francisco Hit a Four-Year High

In a trend we first noticed forming a year ago, the share of active listings for single-family homes and condos in San Francisco for which the original list price has been reduced at least once has ticked up to 20 percent versus 15 percent at the same time last... Read More »

Another Big Reduction for a Silicon Valley Estate with Parking Galore

Another Big Reduction for a Silicon Valley Estate with Parking Galore

On the market for $23.995 million last year, the list price for the Los Altos Hills home with nearly 17,000 square feet of living space at 11627 Dawson Drive was reduced to $18.95 million four months ago. And this morning, the list price for the property was cut another... Read More »

$3 Million Cut for Modernized Pac Heights Mansion

$3 Million Cut for Modernized Pac Heights Mansion

Having quietly hit the market priced at $28 million last year, the asking price for the recently modernized Pacific Heights mansion at 2250 Vallejo Street has just been reduced by $3 million (10.7 percent). But at $25 million, it remains the second most expensive home officially listed for sale... Read More »

Stunning Telegraph Hill Penthouse Now Listed at a Loss

Stunning Telegraph Hill Penthouse Now Listed at a Loss

Having been newly remodeled and renovated, including an all-new designer kitchen, bathrooms and interior design, the penthouse condo at 341 Filbert Street – which offers big Telegraph Hill, Bay Bridge, and skyline views – sold in three weeks for $5.5 million, the price at which it was listed, in... Read More »

A Quiet Cut for Villa Tara in Tiburon

A Quiet Cut for Villa Tara in Tiburon

Listed for $10.9 million eight months ago, the asking price for the “Villa Tara” at 12 Tara Hill Road in Tiburon was reduced to $9.8 million in October and then to $9.5 million at the end of the year. Withdrawn from the MLS this past March, the 6,500-square-foot villa... Read More »

One Day on the Market at $3.55M in Potrero Hill

One Day on the Market at $3.55M in Potrero Hill

Listed for $3.8 million in February, the asking price for the newly renovated two-unit building now being marketed as 838 Rhode Island Street (with the legal studio on the ground level “perfect…for hosting back yard BBQ’s” or “a home theatre, office or retreat”) was reduced to $3.61 million in April.... Read More »

Back Below 2005 in Bayview?

Back Below 2005 in Bayview?

As we wrote about the Bayview home at 1426 Van Dyke Avenue last month (which sparked an interesting and honest dialog about the neighborhood): “Purchased for $670,000 in 2005, the remodeled…home at 1426 Van Dyke Avenue resold for $630,000 in 2007. And in 2012, the property was foreclosed upon and... Read More »

$8M Price Cut for a New Silicon Valley Villa

$8M Price Cut for a New Silicon Valley Villa

Newly built on a 1.5-acre Atherton lot which was purchased for $7.25 million in 2013, the 16,500-square-foot “contemporary Italian villa” at 47 Camino por los Arboles, which was “designed with Silicon Valley living in mind,” was listed for $42.8 million in March. And yesterday, the asking price was reduced... Read More »

A Curious $4M Reduction for the Finest Residence in Ross

A Curious $4M Reduction for the Finest Residence in Ross

Marketed as “the finest residence in Ross,” the three-acre “Ross Estate” at 1 Upper Road has been on the market for over two years and listed for $20 million. Earlier this year, the listing for the estate was updated to note: “One of six luxury homes to be sold... Read More »

Price Reductions for Condos in San Francisco on the Rise

While the inventory of listed condos for sale in San Francisco only ticked up one percent over the past week, with new listings outnumbering new sales by just a few, the number of condos listed for sale on the MLS is now 57 percent higher versus the same time... Read More »