Monthly Archives: August 2009

No Summertime Blues for SF Real Estate

I was surprised at the overall sales stats for the past three July months in the house, condo, TIC, and 2-4 unit building departments. Given the recent market turmoil, I expected a lot worse. Granted, the median price this year is down significantly, and in some cases, so are volumes. But I wouldn’t say a median price of $785,000 for a house in San Francisco is exactly rock bottom. Condo and TIC prices and volumes were hit hardest, which is typically the case in a down market. Continue Reading

Neighborhood Spotlight: Forest Knolls

Often overlooked by prospective buyers, Forest Knolls is a very appealing neighborhood developed in the late 1950s and 1960s in San Francisco. Its homes feature accommodating floor plans, many properties have views, and the area provides a nice urban retreat with its woodsy, private feel. Bordered by the Inner Sunset, Cole Valley, and Forest Hill, Forest Knolls is a great alternative for those house hunters who’ve been priced out of these adjacent areas. Continue Reading

4114 20th St. Implodes

4114 20th St. Implodes

Last sold in November 2007 for $1,513,000, 4114 20th Street is now on the market as a short sale by its Realtor owner for a cool price of $1,150,000.

This 4BR/3BA home has a great Eureka Valley location, and a great kitchen. The rear and front gardens are nicely landscaped, and the master bedroom has sweeping views. The seller-agent attempted to unload the property in late 2008 for $1.7M and then in early 2009 for $1.6M. But now it’s come to this.

The sale has to close by 8/27, so don’t waste time hauling your cash over to 4114 20th. There could be a deal here if you play your cards right.

SF Market Shifts Gears, For the Better

It’s been a challenging first half of 2009 in the San Francisco real estate market. But signs abound that indicate a shift for the better.

Take July, for instance—a good barometer for what to expect for the next half of the year. 235 single-family homes sold in July alone. And the luxury market even picked up speed. Of the 235 homes, 29 were sold for more than $1.5M, including five for above $5M. Multiple-offer scenarios and all-cash offers were reported by many agents, lending credence to my belief that there is still considerable money coming into San Francisco. Continue Reading

New Listing: 834-836-838 Dolores

If you’re looking for a great income property, check out my listing at 834-836-838 Dolores, between 21st and 22nd Streets in Dolores Heights. List price: $1,425,000.

This is an immaculately maintained, three-unit Edwardian. The lower and middle units each have five rooms that include two bedrooms, one split bath, formal dining room, eat-in kitchen and laundry porch with washer/dryer hookups. The upper unit has two levels and an additional two rooms. Continue Reading

Get in touch:

Eileen Bermingham

Zephyr Real Estate


BRE# 01352627

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