Articles Recently Tagged: Real Estate Records

(41 posts)
Mega Condos Could Top Two San Francisco Towers, Set A Record

Mega Condos Could Top Two San Francisco Towers, Set A Record

Tishman Speyer is quietly exploring the possibility of merging up to twelve three-bedroom units atop the two towers rising at 201 Folsom Street (a.k.a. LUMINA). At the extreme, the eight three-bedroom units across the 41st and 42nd floors of LUMINA’s Tower B could be combined into one mega-duplex measuring... Read More »

Scoop: The “Copper House” Is Bernal’s First $3M Home

Scoop: The “Copper House” Is Bernal’s First $3M Home

As we wrote when we first reported the record breaking sale of 152 Elsie last week, “the quiet sale of another Bernal Heights home which was never officially on the market is poised to blow away the $2.3 million record.” And this afternoon, the sale of 171 Ripley was officially added... Read More »

Million Dollar Price Cut For Record-Setting Noe Home

Million Dollar Price Cut For Record-Setting Noe Home

Purchased by a young tech couple for a record setting $7 million nine months ago, after which the couple quietly acquired the adjacent parcel to the west upon which they were planning to build an underground addition and private urban playground, the 6,000-square-foot home at 625 Duncan Street returned to the market... Read More »

Record Setting Bernal Sale Didn’t Include A Parking Spot

Record Setting Bernal Sale Didn’t Include A Parking Spot

Newly constructed upon a previously vacant Bernal Heights parcel, the contemporary four-level home at 152 Elise Street features an open floor plan on the main level, two bedrooms on the level above, another two bedrooms on the level below, and a media/family room on the lowest level. What the... Read More »

San Francisco’s Unemployment Rate Under 4%, Lowest In 9 Years

San Francisco’s Unemployment Rate Under 4%, Lowest In 9 Years

Employment in San Francisco hit a new all-time high in December and the unemployment rate dropped to 3.8 percent, the first time the unemployment rate in the city has been under 4 percent since 2007 and the lowest rate in nine years. The drop in San Francisco’s unemployment rate... Read More »

S.F. Median Home Price Hits A Record High, And Sales Take A Hit

S.F. Median Home Price Hits A Record High, And Sales Take A Hit

Having rebounded in October, San Francisco homes sales took a big hit in November, with the sales volume dropping nearly 26 percent from the month before and running over 20 percent lower versus the same time last year.  And while the sales volume in San Francisco typically dips from... Read More »

Bay Area Luxury Home Values Hit All-Time High

Bay Area Luxury Home Values Hit All-Time High

First Republic’s “Prestige Index” for the values of San Francisco Bay Area homes worth at least $1.0 million and currently averaging $3.45 million rose 3.8 percent from the second to third quarter of 2014 and is 14.3 percent higher on a year-over-year basis. Having gained 38.4 percent from the... Read More »

San Francisco Median Home Price Returns To Record Territory

San Francisco Median Home Price Returns To Record Territory

The number of San Francisco homes sold and the median price paid both rebounded in October, with the sales volume up 14.5 percent from September and even with the October before.  The sales volume in San Francisco typically rises from September to October but has increased has averaged 3.6... Read More »

Mission Dolores Home Sale Sets Neighborhood Record

Mission Dolores Home Sale Sets Neighborhood Record

While the “Castle On the Park” at 601 Dolores sold as a 17,000-square-foot single-family home for $6.6 million in 2011, it has since been converted into a school.  And as such, 41 Cumberland, the sale of which has just closed escrow for $4,999,500, is now the most expensive home within... Read More »

The Finest Home In Diamond Heights Sets Two Records

The Finest Home In Diamond Heights Sets Two Records

Listed as “the finest home in Diamond Heights” last month, the sale of 11 Cameo Way has just closed escrow with a reported contract price of $2.868 million, making it the most expensive home sale in the history of Diamond Heights. And at $1,017 per square foot, it’s the... Read More »

Employment In San Francisco Hits Another All-Time High

Employment In San Francisco Hits Another All-Time High

Employment in San Francisco has reached another all-time high as the number of residents with a paycheck increased by 1,300 last month and now totals 477,600 with an unemployment rate of 4.4 percent, the second lowest rate since 2008, according to California’s Employment Development Department. That’s 17,600 more people employed... Read More »

Bay Area Rents Hit Record High, And Oakland Has Risen The Most

The average asking rent for an apartment in the Bay Area increased to a record $2,234 in the third quarter of 2014, up 3.5 percent over the past three months and 11.4 percent higher versus the same time last year.  And the average Bay Area studio is now renting... Read More »

Timing For Record Setting 16th Street Development: 2018 (Or Later)

Timing For Record Setting 16th Street Development: 2018 (Or Later)

MX3 Ventures has filed their preliminary plans to raze the two-story Superior Automotive shop at 3140 16th Street and construct a five-story building with four floors of condos over 8,000 square feet of ground floor retail on the Inner Mission site, a site for which the group paid a... Read More »

San Francisco Condo Values Hit Record High, House Values Slip

San Francisco Condo Values Hit Record High, House Values Slip

Single-family home values within the San Francisco MSA slipped 0.4 percent from June to July but remain 10.3 percent higher than at the same time last year, the smallest year-over-year gain since 2012, according to the latest S&P Case-Shiller Home Price Index. And while still 10.7 percent below a... Read More »

Demand For Office Space In San Francisco Breaks Dot-Com Record

Back in 1999, the year before the dot-com boom busted, 7.4 million square feet of office space was leased in San Francisco.  Through the first three quarters of 2014, 7.6 million square feet of office space has been leased in the city, setting a new record with a quarter... Read More »