Articles Recently Tagged: Real Estate Records

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Cesar Chavez Project Site on the Market at a Near-Record Price

Cesar Chavez Project Site on the Market at a Near-Record Price

Approved for a 24-unit development to rise up to six stories in height on the Mission District site, with 20 two-bedrooms and 4 one-bedrooms over a 761 square foot retail space and a garage for six cars, the 3620 Cesar Chavez Street parcel and plans are now on the... Read More »

Office Rents Hit a Record High in SF but Barely Budged Last Year

Office Rents Hit a Record High in SF but Barely Budged Last Year

Having slipped for the first time since 2010 in the third quarter of last year, the average asking rent for office space in San Francisco inched up 0.8 percent in the fourth quarter and ended 2016 at a record high of $69.77 per square foot per year, up a... Read More »

Designer Noe Pad Priced at $6.8 Million

Designer Noe Pad Priced at $6.8 Million

While it hasn’t yet been listed for sale, the asking price for the designer five-bedroom home at 4352 26th Street has been set at $6.8 million or roughly $1,420 per finished square foot for the new 4,800-square-foot pad. A sale at asking would make the 26th Street pad the... Read More »

2016 Ending with Bay Area House Values at a Record High

2016 Ending with Bay Area House Values at a Record High

Having slipped in September, the Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – inched up 0.6 percent to a record high in October while the index for Bay Area condo values was unchanged. On... Read More »

Pac Heights Compound Fetches $18.1 Million

Pac Heights Compound Fetches $18.1 Million

Purchased as a legal three-unit building for $7.3 million in early 2014 and then gutted, merged, expanded and “restored,” 2476 Broadway returned to the market listed as a “Stately Pacific Heights Compound” for $22 million this past May. Reduced to $19.5 million in August, the property was in contract... Read More »

The Nearly 64,000 Apartments and Condos in SF’s Housing Pipeline

The Nearly 64,000 Apartments and Condos in SF’s Housing Pipeline

With new proposals for slightly more units of housing than finished construction in the third quarter of 2016, the overall pipeline of apartments and condos under development in San Francisco has inched up by 400 to a record 63,700. While that’s 4,700 more units in the pipeline than at... Read More »

Mission Dolores Statement Home Fetches a Record $6.85 Million

Mission Dolores Statement Home Fetches a Record $6.85 Million

Originally marketed at $9 million, the sale of the modern 4,665-square-foot home at 50 Oakwood Street, which was listed on the MLS for $7.998 million in late April, has closed escrow with a contract price of $6.85 million, making it the most expensive home sale on record in Mission... Read More »

San Jose Breaks the Million Dollar Mark for Single-Family Homes

For the first time ever, a major metropolitan area in U.S. has recorded a median sale price above $1 million for single-family homes. And that honor belongs to San Jose, which includes Sunnyvale and Santa Clara. Behind San Jose at $1,085,000, which is 10.7 percent higher versus the same... Read More »

Office Vacancy Rate in San Francisco Jumps the Most since 2009

Office Vacancy Rate in San Francisco Jumps the Most since 2009

Citing the emergence of “slow or no growth policies” amongst both start-ups and more established local firms, the office vacancy rate in San Francisco jumped 1.6 percent in the second quarter of 2016, the largest quarterly increase since the first quarter of 2009, according to data from Cushman &... Read More »

Index for Bay Area Home Values Ticks up but Rate of Change Slows

Index for Bay Area Home Values Ticks up but Rate of Change Slows

The Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area gained 1.5 percent in April, hitting an all-time high and surpassing the previous cycle peak recorded in May 2006 by 4 percent. But the rate of change has been slowing since the second quarter of 2015,... Read More »