Category Archives: Neighborhoods

Limited Inventory in Holiday Home Stretch

We’re truly coming to the end of the line for 2017 real estate offerings. A look at what’s out there reveals very little inventory in well-established, popular neighborhoods in the more central parts of the city. But there are houses and condos available; you just need to know where to look for them. Continue Reading

Last Weekend Before Offers: 131 Hancock

Last Weekend Before Offers: 131 Hancock

That adorable kitchen belongs to my two-bedroom condo listing at 131 Hancock in Eureka Valley. We’ve had a busy week of showings and have strong interest in the property. Seems there are still many buyers looking to land their next home before the end of 2017.

131 Hancock is a San Francisco dweller’s dream that checks many of the boxes—Victorian detail, modern kitchen and bath, additional half bath, private outdoor space and an amazing location only one and a half blocks from Dolores Park and equidistant to the Mission and Castro.

List price is $1,149,000 and you can see more photos and details at our property Web site.

Stop in and see us Saturday and Sunday from 2:00-4:00!

Tooting My Own Testimonial

I recently listed and sold a beautiful contemporary condo in Pacific Heights. My client took the time to write up a testimonial for me that I’d like to share (click on image to make it larger):

Thanks, Cara! It was a pleasure working with you.

Just Listed: 131 Hancock

Just Listed: 131 Hancock

My gift to holiday home buyers is over at 131 Hancock. This extremely well-appointed condo is all about San Francisco and ticks all the boxes for the most demanding city buyer: Victorian period detail, extra half bath, private outdoor space, charming front and rear gardens, on-site laundry, and an amazing location near the Mission, Castro and Dolores Park.

131 Hancock is no cookie-cutter home. It’s in a neighborhood where very little new housing is constructed, and this is the type of property you buy when an A+ location and classic San Francisco architecture are your top priorities.

Check out our Web site for photos and details.

Stop in and see this beautiful home this weekend. We’ll be open on Saturday and Sunday from 2:00-4:00!

Happy Thanksgiving!

Happy Thanksgiving!

Best wishes to all my readers for a wonderful Thanksgiving!

It’s been a challenging year on a lot of fronts, but I’m grateful for our strong Bay Area economy and another solid year in real estate sales. I’ve helped many lovely people buy and sell homes this year, and thank them all for their business and faith in my services.

I also want to thank all of you who regularly read my blog. Sometimes it feels like I’m writing these posts in a black hole, but then I get an open house visitor who says he’s a long-time reader and has dropped in specifically to meet me. Or a call from someone relocating from New York who’d like to meet to discuss a home purchase because he likes what I have to say here. I love those moments and I look forward to more of them in the new year.

In the meantime, I’ll be back next week to keep you informed about how the holiday real estate market is shaping up!

Just Sold: Pacific Heights View Condo

Just Sold: Pacific Heights View Condo

I just closed on my two-bedroom/two-bath condo listing at 2200 Pacific #10D. Featuring city and Bay views, the unit benefitted from a prime Pacific Heights location, spacious rooms and amenities that included a view roof deck with heated pool, storage, parking and 24/7 doorperson service.

Listed for $1,695,000, #10D sold for $1,750,000 in an all-cash transaction.

Congratulations to the lovely buyer who will enjoy a wonderful new home. Much thanks to selling agent Joan Smith at Pacific Union and escrow officer Michael Gaffney for their hard work.

What You Could’ve Bought for Below The List Price

The selling pattern in San Francisco continues to be list low, sell for more. However, it doesn’t always work out that way for some sellers. November brought with it some sales that veered from the typical pattern, in neighborhoods where it absolutely is the norm to overbid. Congrats to these buyers and sellers who wrapped it up before the end of the year:

136 6th Avenue
Lake Street
List Price: $3,125,000
Sale Price: $2,650,000
Days on Market (DOM): 39


136 6th Avenue was a single-family house with a legal one-bedroom apartment down (used as an office by the former owners). The location at 6th and Lake was excellent, and perhaps this home suffered from less-than-stellar marketing (no word yet if the red tea kettle and the pepper mill were included in the sale). Continue Reading

What You Can Buy in November: 21 Days & Counting

November can be a great time to finally land that home you’ve been spending much of 2017 trying to purchase. Some buyers become distracted with the onset of the holiday season, and the competition thins out. And serious sellers have less inventory with which to compete.

If you’re a buyer looking to get into contract before the end of 2017, it’s an excellent idea to consider properties that have been on the market for 21 days or more. These can sometimes be homes that have fallen through the cracks. Perhaps they’ve been in and out of contract once already, and the sellers are ready to wrap it up. Or the list price may be the actual price the seller will accept (a rarity in the current market). Continue Reading

Luxury Market Sees Extreme Overbids in October

Luxury Market Sees Extreme Overbids in October

October has been the month for buyers in the $2M+ range to throw hundreds of thousands of dollars over asking for single-family homes (and one condo) in various neighborhoods across the city.

Deep-pocketed buyers are obviously feeling pretty cheeky about our Bay Area economy.

The most egregious example of extreme overbidding happened at 128 26th Avenue in the Lake District (see photo, left). The custom 4BR/2.5 home at the Sea Cliff entrance has a roof deck with panoramic views, and was listed for $2,995,000. So why not pay a million dollars more, right? That’s exactly what happened, as the sale closed on October 20th for $3,910,000.

Here are a few more extreme overbids that went on the books in October:
1 Miguel | Glen Park
3BR/2.5BA
List price: $1,675,000
Sale price: $2,600,000 Continue Reading

Just Listed: Pacific Heights View Condo

Just Listed: Pacific Heights View Condo

Looking for a spacious, two-bedroom condo in a fantastic Pacific Heights location? My new listing at 2200 Pacific Avenue #10D may be the one for you.

Boasting expansive downtown and city views, the unit is ideal for entertaining with its light-filled living and dining areas that lead to a walk-out view balcony. The galley kitchen also has views, as well as a Sub-Zero refrigerator and double oven. Bedrooms are nicely separated for privacy, and the master has lots of closet space and a remodeled bathroom. Parking and storage unit, too.

Amenities include this roof deck with heated pool and Bay/Bridge/Alcatraz views:

The building also offers 24/7 doorperson service, laundry facilities—and pickup/drop-off laundry service.

2200 Pacific is in the heart of Pacific Heights on a flat block, and is a stroll to Fillmore and Union Street restaurants and shopping.

We’ll be open this Saturday 10/28 and Sunday 10/29 from 2:00-4:00. Check out our Web site here.

Just Sold: Edwardian SoMa Condo

We just closed on my client’s lovely one-bedroom condo at 63A Grace Street. Popular with first-time home buyers, Grace is well-appointed, top-floor condo in a four-unit Edwardian building. Prospective buyers loved the remodeled kitchen, spacious bedroom and view roof deck.

Listed for $579,000, 63A Grace closed for $600,000.

Much thanks to buyer’s agent Bijan Amini at Quest Realty, as well as Jackie Ronson at Lawyers Title for a smooth transaction!

My seller was very happy with the outcome. Here’s what he had to say about his experience working with me (click on the image to enlarge):

Congratulations, everyone!

Pritikin Mansion Reduces Price, Still Seeks Buyer

Pritikin Mansion Reduces Price, Still Seeks Buyer

The Pritikin Mansion—also known simply as 47 Chenery and owned by former ad man Bob Pritikin—splashed onto the market in early September for the ambitious price of $12.5M. The quirky estate is sort of like the Glen Park version of Hearst Castle, without all the history. The house is tucked away behind the houses that line Chenery, Randall, Dolores and 30th Street, and is situated on a 24,624 square foot lot.

The “Neo Classical-style” main house has an interior swimming pool with retractable roof, park-like grounds with wacky sculptures and, uh, uniquely designed rooms. Also included are a separate three-unit building, and parking for up to 15 cars. (The parking is actually zoned for four condo units, in case you want to do your part to create more housing in San Francisco.) Continue Reading

Just Sold: Dreamy Inner Sunset Condo

Just Sold: Dreamy Inner Sunset Condo

My two-bedroom condo in a great Inner Sunset location just sold for more than its $1,095,000 list price.

1433 14th Avenue was quite popular. Two lucky buyers nabbed the property and will enjoy its spacious layout with remodeled kitchen, formal dining room, landscaped garden and easy proximity to the N Judah Muni line to downtown.

Much thanks to buyer’s agent Anthony Chung at Sequoia Real Estate, Evan Wong at Chase and Kathie Ng at Chicago Title. Congrats to everyone, and I appreciate your hard work closing this sale.

And here’s what my client had to say about her experience working with me (click on image to enlarge):

Congratulations, everyone!

What You Can Buy: Condos With Walker’s Paradise Scores

Location counts for a lot in San Francisco, and most condo buyers want to live in neighborhoods that offer services, restaurants, shops and public transportation in walking distance. I thought I would highlight a few of my favorite properties currently on the market that have excellent Walk Scores. Here are my picks:

77 Jersey
Noe Valley

3BR/1BA, 1 tandem pkg
HOA dues: $473.33/mo
List price: $1,349,000
Walk Score: 96

77 Jersey is an ideal location for buyers who take BART, and want to be a block from the 24th Street corridor that runs through both Noe Valley and the Mission. The condo itself is a handsome, first-floor unit with a formal dining room, eat-in kitchen and a nicely remodeled bathroom in an Edwardian building. Continue Reading

Sellers, Stay Realistic on Price and Don’t Count on the Outlier Showing Up

We’ve been witnessing dramatic overbids and sky-high sale prices in San Francisco for years now. But when it comes to sellers setting their value expectations, I have some advice: Don’t count on the outlier buyer being in your offer mix.

This type of buyer goes way above the comparable sale range for a property type or neighborhood, often prompting your neighbors to meet in the street and exclaim, “I can’t believe someone paid that price for that house!”

Of course, it’s certainly possible that the outlier buyer will fall in love with your home and match or exceed the highest comparable sale. But it doesn’t always happen, because most buyers in a multiple-offer situation aren’t willing to go as high as the outlier. Continue Reading

Get in touch:

Eileen Bermingham

Zephyr Real Estate

415.823.4656

ebermingham@zephyrsf.com

BRE# 01352627

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