Condo Overbids Calm Down in June

I received a lot of comments and emails on my post earlier this week about house sales in San Francisco that didn’t require overbidding in June. The big question: “What about condos?”

The good news for buyers is that even more condos are selling for less than or at their list prices. But do note that these sales aren’t happening in the most popular neighborhoods. If you’re open to areas that aren’t Noe Valley, the Mission, Pac Heights or NoPa, there are plenty of opportunities out there—particularly in high-rise buildings where there are many units.

Here’s the lineup of resales reported in June that were marketed through the MLS:

690 Spruce / Jordan Park / Days on Market (DOM): 27
List price: $1,395,000 / Sale Price: $1,378,000

41 Lake Street / Lake District / 69 DOM
$1,195,000 / $1,175,000

155 24th Avenue #5 / Lake District / 65 DOM
$1,725,000 / $1,650,000

700 Brotherhood Way #102 / Stonestown / 51 DOM
$1,149,000 / $1,143,594

1506 Golden Gate / Western Addition / 9 DOM
$1,999,999 / $1,199,999

1572 Grove / NoPa / 12 DOM
$1,295,000 / $1,280,000

3240 Sacramento #C / Pacific Heights / 48 DOM
$2,450,000 / $2,100,000

1001 Pine #1101 / Downtown / 99 DOM
$1,250,000 / $1,075,000

333 Bush #3804 / Financial District / 47 DOM
$1,600,000 / $1,600,000

550 Davis #47 / Financial District / 15 DOM
$1,800,000 / $1,775,000

1 Daniel Burnham Court #903 / Van Ness Corridor / 22 DOM
$780,000 / $780,000

426 Vallejo / Telegraph Hill / 86 DOM
$749,000 / $725,000

325 Berry #422 / Mission Bay / 14 DOM
$960,000 / $930,000

188 Minna #30C / Yerba Buena / 68 DOM
$3,200,000 / $3,000,000

301 Mission #32D / Yerba Buena / 9 DOM
$4,175,000 / $4,000,000

501 Beale #1A / South Beach / 38 DOM
$306,559 / $306,559

403 Main #301N / South Beach / 29 DOM
$1,115,000 / $1,115,000

403 Main #707N / South Beach / 50 DOM
$1,249,000 / $1,249,000

425 1st Street #2501 / South Beach / 46 DOM
$1,150,000 / $1,139,000

425 1st Street #4302 / South Beach / 29 DOM
$2,288,000 / $2,338,000

4 Clarence Place / South Beach / 6 DOM
$3,300,000 / $3,200,000

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Get in touch:

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

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