Articles Recently Tagged: Real Estate Records

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Bay Area Home And Condo Values Hit Two Record Highs

Bay Area Home And Condo Values Hit Two Record Highs

Single-family home values within the San Francisco Metropolitan Area gained 1.3 percent in May, while condominium values gained 1.1 percent, according to the latest S&P Case-Shiller Home Price Index. The San Francisco index for single-family homes is running 9.7 percent higher on a year-over-year basis. And having gained 58... Read More »

Record U.S. Existing-Home Prices, Pace Of Sales Highest Since 2007

The seasonally adjusted pace of existing-home sales in the U.S. increased 3.2 percent from a downwardly revised 5.32 million in May to 5.49 million in June, the highest annual pace since February 2007 when the pace measured 5.79 million.  The current pace is 9.6 percent higher versus the same time... Read More »

Office Rents In S.F. Nearing An All-Time High, Deal Flow Slows

Office Rents In S.F. Nearing An All-Time High, Deal Flow Slows

The net occupancy of office space in San Francisco increased by a nominal 66,000 square feet in the second quarter of the year, the smallest quarterly increase in two years and versus 539,000 square feet of net absorption in the second quarter of 2014. That being said, potential demand... Read More »

No Sale For Eye-Popping Cole Valley Listing (Yet)

No Sale For Eye-Popping Cole Valley Listing (Yet)

Aiming for a record-shattering $7.7 million sale, the listing for the completely re-built Cole Valley home at 150 Carmel Street has been withdrawn from the MLS after two and a half months on the market without a reported sale. Designed by Sutro Architects and built by Design Line Construction,... Read More »

Median S.F. Home Price Hits A Record $1.15M And Sales Slip (Again)

Median S.F. Home Price Hits A Record $1.15M And Sales Slip (Again)

Recorded sales activity for single-family homes and condos in San Francisco slipped 1.4 percent in May and is currently running 6.1 percent lower on a year-over-year basis, versus 5.6 percent lower last month. Sales activity in San Francisco typically increase around 10 percent from April to May. As sales... Read More »

Bay Area Home Values Climb, Condo Values Hit New High

Bay Area Home Values Climb, Condo Values Hit New High

Single-family home and condominium values within the San Francisco Metropolitan Area gained 2.0 and 2.2 percent respectively in April, according to the latest S&P Case-Shiller Home Price Index. The San Francisco index for single-family homes is running 10.0 percent higher on a year-over-year basis and is within 3.7 percent... Read More »

Noe Valley’s New Second Most Expensive Home

Noe Valley’s New Second Most Expensive Home

Purchased as a “pride-of-ownership” Mid-Century home for $1.51 million in late 2012, the Noe Valley three-bedroom at 471 Hoffman was gutted, expanded, and returned to the market a month ago as a contemporary five-bedroom, with four levels, an abundance of stairs (and no elevator), and a list price of... Read More »

Noe Valley Has A Second $7M Sale And New Most Expensive Home

Noe Valley Has A Second $7M Sale And New Most Expensive Home

Listed for $5.8 million in April, the sale of the rebuilt Noe Valley home at 553 Elizabeth Street has closed escrow with a reported contract price of $7 million, matching the record setting $7 million sale price of 625 Duncan which recently resold for $4.4 million having been “stripped out... Read More »

Median Price Hits A Record $1.1M As San Francisco Home Sales Slip

Median Price Hits A Record $1.1M As San Francisco Home Sales Slip

With inventory ticking up and price reductions as well, recorded home sales activity in San Francisco was 6 percent lower on a year-over-year basis in April versus 4 percent lower the month before. Sales activity did increase 12 percent from March to April with seasonality in play. And in... Read More »

Bay Area Home Values Jump, Condo Values Rocket To New High

Bay Area Home Values Jump, Condo Values Rocket To New High

Single-family home and condominium values within the San Francisco Metropolitan Area gained 3.0 and 4.5 percent respectively from February to March, according to the latest S&P Case-Shiller Home Price Index. The San Francisco index for single-family homes is running 10.3 percent higher on a year-over-year basis and is within... Read More »

Russian Hill Condo Misses The $3K Mark (But Fetches $6.9M)

Russian Hill Condo Misses The $3K Mark (But Fetches $6.9M)

Listed for $7.5 million last month, twice the price at which the three-bedroom Russian Hill condo had been purchased at the end of 2013 prior to being completely remodeled by Black Mountain Construction with April Sheldon Design, and a sale at which would have topped $3,000 per square foot,... Read More »

Billionaires Row Mansion ‘Only’ Fetches $31M

Billionaires Row Mansion ‘Only’ Fetches $31M

The sale of the Billionaires Row mansion at 2701 Broadway has just closed escrow with a contract price of $31 million, a whopping $8 million under asking but still $4 million more than celebrity chef Roxanne Klein and her entrepreneur/environmentalist husband Michael Klein (who once toured with The Dead) paid... Read More »

Record Setting $8M South Park Sale Confirmed

Record Setting $8M South Park Sale Confirmed

As we suspected when the sale of the two modern condos at 147 South Park closed escrow with a combined contract price of exactly $8 million ($3,005,000 for the second floor unit #1 and $4,995,000 for the penthouse unit #2), it was one buyer, or more accurately a couple,... Read More »

San Francisco Area Home And Condo Values Hit All-Time Highs

San Francisco Area Home And Condo Values Hit All-Time Highs

Single-family home and condominium values within the San Francisco MSA hit all-time highs in February, with home values jumping 2 percent and condos gaining 1.3 percent, according to the latest S&P Case-Shiller Home Price Index. The San Francisco index for single-family homes is currently running 9.8 percent higher on... Read More »

Aiming For A Record-Shattering Cole Valley Sale

Aiming For A Record-Shattering Cole Valley Sale

While it’s not yet listed, the completely re-built Cole Valley home at 150 Carmel is about to hit the market with an asking price of $7.69 million, a sale at which would not only make it the most expensive home in the neighborhood, but would be nearly double the $3.9... Read More »