When I was first selling real estate seven years ago, I remember looking at my Tuesday broker tour lineup, and noticing that there was actually a house listed at close to $1M. This was a pretty high price for my neighborhood.
It hit me today that there’s now a collection of 15 single-family homes currently available for $1.8M+, and one condo for $1,895,000. At the top end of the lineup is 3816 22nd, the renovated firehouse listed at $5,975,000, but the bulk are between $2,450,000-3M.
On the “solds” front, three single-family homes have sold since September 1st at $1.8M or above. The most expensive was 625 Duncan, a 5BR/5.5BA home that closed escrow on November 7th for $5,818,000 in an all-cash transaction.