Articles Filed Under: RealRecentReductions

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Inventory of Homes for Sale in SF Increases, Price Cuts Rise as Well

Inventory of Homes for Sale in SF Increases, Price Cuts Rise as Well

Having hit a 7-year high in September, the number of homes actively listed for sale in the San Francisco ticked up another 6.6 percent over the past month to 950 and overall inventory levels are now running 30 percent higher on a year-over-year basis and 41 percent above their... Read More »

Another Cut for the Latest Showcase Home

Another Cut for the Latest Showcase Home

Purchased for $8.001 million in October of 2015 and subsequently “re-imagined by some of the areas top designers,” with new fixtures and finishes throughout, the 2018 Decorator Showcase home at 465 Marina Boulevard hit the market with an $8.995 million price tag at the beginning of May, “ready for... Read More »

Palo Alto Prestige Now Listed for $1.5 Million Less

Palo Alto Prestige Now Listed for $1.5 Million Less

Purchased for $8.5 million in June of 2016, the “sumptuous” Palo Alto home which sits on a “prestigious Crescent Park” parcel at 1117 Hamilton Street returned to the market listed for $8.95 million in September of 2017. Relisted for $8.95 million this past February, the asking price for the... Read More »

Price Cut for Berkeley Parcel with Approved Plans

Price Cut for Berkeley Parcel with Approved Plans

Plans to level the former Northwest Berkeley service station turned abandoned tax office at 1740 San Pablo Avenue and develop a modern five-story building with 48 apartments over 3 street level live/work units and a stacked garage for 53 cars were approved by the city earlier this year. Two... Read More »

Trend of Homes for Sale in San Francisco Ticks Up

Having hit a 7-year high last week, the number of homes listed for sale in San Francisco has ticked up another 2.2 percent to 920 which is now 16 percent higher on a year-over-year basis and 34 percent above its mark at the same time in 2015 (the year... Read More »

Tech Mogul’s Silicon Valley Lair Now Listed for $38 Million Less

Tech Mogul’s Silicon Valley Lair Now Listed for $38 Million Less

Having hit the market with a bit of fanfare and an $88 million price tag back in 2015, the 21,400-square-foot Los Altos Hills home at 27500 La Vida Real was quietly listed behind an undisclosed address for $68 million early last year and subsequently reduced to $55 million this... Read More »

Inventory of Homes for Sale in San Francisco Jumps

In a move which shouldn’t catch any plugged-in readers by surprise, the number of homes actively listed for sale in the San Francisco (765) jumped 39 percent over the past two weeks and is now running 9 percent higher versus the same time last year (700) and 25 percent... Read More »

$1.5 Million Reduction for Stunning Russian Hill Apartment

$1.5 Million Reduction for Stunning Russian Hill Apartment

Purchased by an art collector for $1.55 million in August of 2003, the 3,070-square foot Russian Hill cooperative unit #6 at 947 Green Street was gutted and completely transformed into a stunning “European-Deco inspired masterpiece” with views by LeavittWeaver. Featuring polished teak casework, custom furnishings, and configured as a... Read More »

Exceptional Cow Hollow Home in Contract

Exceptional Cow Hollow Home in Contract

Purchased for $7.525 million, or roughly $1,597 per square foot in the fourth quarter of 2016, the contemporary Cow Hollow home with “a huge North Facing backyard drenched in sun” at 2764 Greenwich Street returned to the market this past January priced at $8.995 million, a sale at which... Read More »

Renovated Cow Hollow Home Reduced to its 2015 Price

Renovated Cow Hollow Home Reduced to its 2015 Price

With a previously renovated kitchen which has since been renovated anew, along with a couple of other improvements, it’s not perfectly apples-to-apples. But having been purchased for $4.6 million in the middle of 2015 when listed for $395K more, the 4,200-square-foot Cow Hollow home at 2622 Chestnut Street returned... Read More »