If the head-turning world of San Francisco real estate has any constant no matter the times, it's OUTRAGEOUS overbids. Indeed, local agents have a unique and longstanding custom of pricing listings strategically with the goal of generating multiple offers. It's an effective means of arriving at true market value when done responsibly. Taken to the extreme, however, it's a wildly inefficient system to produce one successful bidder. What's a hopeful buyer to do? Pay attention to sales prices, trust the experts, and tune in to our monthly recap right here. Say it with me: If it seems too good t ..read more

When it comes to modern condominium developments in the Dogpatch neighborhood, 2177 Third is the standout. Premium is the standard here, from resident concierge and valet services, and on-site amenities aplenty, to the high-end custom finishes that grace all 114 homes. And mere steps from Crane Cove Park, RH San Francisco, and the Chase Center, its waterfront location is second to none. Yes, you can have it all. 2177 Third is marketed and listed exclusively by cooperating broker Polaris Pacific. All images provided courtesy of SFAR MLS. Less than two dozen new homes remain available for ..read more

As the Median Sales Price in San Francisco continues to rise — up ±18% from the start of the year — homes priced to sell under $1 million are increasingly hard to find. In fact, properties at all price points are seemingly too few to meet buyer demand. Here in the North Panhandle neighborhood, there are just 15 Single-Family and Condo/TIC/Coop homes that currently appear Active or Coming Soon in the MLS; the vast majority of them are positioned to fetch seven-figure sums. These properties below are the neighborhood’s only market-rate listings priced under a million bucks. If you’re on the hun ..read more

Word on the street is that San Francisco’s condo market is on the mend. According to data reported to the San Francisco Association of REALTORS®, last month’s Median Sales Price hit $1,150,000 citywide — an increase of more than 10 percent from the start of this year. And while bidding wars are most definitely back in most parts of town, and generally for strategically underpriced new listings, there are still deals to be found. Just look to 181 Fremont. 181 Fremont features 67 luxury condominiums impeccably designed by internationally renowned Orlando Diaz-Azcuy. Major price reductions w ..read more

The following is adapted from the March 2024 Monthly Indicators report published by the San Francisco Association of REALTORS®. Across the country, existing-home sales existing home sales improved for the second month in a row, jumping 9.5 percent — the largest monthly gain in a year, according to the National Association of REALTORS®. The rebound in home sales comes amid fluctuating mortgage rates and elevated sales prices, indicating there is plenty of buyer demand heading into the spring selling season. In San Francisco, year-over-year, New Listings were up 2.9 percent for Single-Family ho ..read more

It’s a line as true today as it was when Paul Kantner said it over a half-century ago: San Francisco is 49 square miles surrounded by reality. Indeed, it’s an undeniably exceptional place — culturally, geographically, economically — and touched by some of the world’s most extraordinary people. From tech titans to politicians to artists to old money, namedropping a larger-than-life neighbor is not hard to do. But if you want to live like a legend, then level up to these dreamy opportunities… hey, home buyer Winning in a real estate market as dynamic as San Francisco’s calls for hyperlocal e ..read more

It’s no secret that San Francisco has some fabulous old-timey real estate. Brick and timber lofts, the rarest of these historical properties, account for less than one-fifth of one percent of all housing units in the city. Created from formerly industrial structures, they are masterful examples of adaptive reuse and celebrate the craftsmanship of a bygone era. They’re timeless, they’re distinctive, and they’re sexy. Needless to say, it’s a (brick) red letter day when one lands on the market.  hey, home buyer Winning in a real estate market as dynamic as San Francisco’s calls for hyper ..read more

Purchased not so long ago for a record-shattering $17.5 million, San Francisco’s highest-altitude private residence is once again on the market. Make no mistake, its singular perch atop Mount Sutro is only the beginning of all that distinguishes 150 Glenbrook Avenue. Inspired design by award-winning architect John Maniscalco, 7,400+ square feet of immaculately appointed indoor-outdoor spaces, and world-class panoramic vistas place it squarely among the city’s finest ultra-luxury homes. Now, in advance of the listing making a public debut, the most discerning of buyers have an opportunity to ..read more

Make a visit to any open house this spring and you’ll likely encounter multiple house hunters eager to make a deal. And while many new listings are accompanied by the invitation to submit an offer on some specific date 1-2 weeks out, buyers are not waiting. In fact, we’ve witnessed more than one pre-emptive bidding war recently. Winning offers are overwhelmingly non-contingent and well above asking price. The median sales price of homes in San Francisco has increased during the first half of the year consistently over the past two decades, averaging 11.49 percent according to data reported t ..read more

Located one block off Cortland Avenue in a prime section of Bernal Heights, this early 20th century cottage was ready for a glow-up when it landed on the market in 2022. Uniquely positioned at the rear of an underimproved corner lot, its original three-room layout measured just ±625 square feet and the full basement begged for purpose. The property sold in a short 11 days, and a flip was soon underway. Twelve months from the start of construction, 400 Gates Street nearly doubled in size to 1,100+ square feet — completely within the envelope. Its living, dining and kitchen spaces were relocat ..read more