Tag Archives: luxury

Top 40 San Francisco Deals for 2009

Reside has just put together its Top 40 San Francisco transactions for the year. The list features the most opulent sales above $4M throughout the city.

My favorites: 300 Sea Cliff Avenue for $18M (rumored to have been purchased by everyone from Tom Cruise to Larry Ellison); 2510 Jackson for $11.5M; and 2430 Broadway for $9M.

A lot of real estate crystal ball holders are anticipating a much stronger 2010 for the luxury market.

Luxury Market Stays Alive

Properties in the $1.5M+ range are indeed changing hands in the current economy. A look at single-family home and condo estate sales activity reveals a fairly busy market.

There are currently 145 single-family homes available for $1.5M or more, with an average list price of $4,199,252. And there are 29 such homes in contract—three are priced above $5M—as well as 23 pending (one of which is a six-bedroom home on Jackson listed at $8M). Since January, 76 homes have sold, with six selling for above $5M. Continue Reading

Luxury TICs Pray For Buyers

Luxury TICs Pray For Buyers

Constructed in the shadow of St. Paul’s Church in Noe Valley, 1667-1669 Church is a two-unit TIC offering in search of buyers looking to spend $1,289,000 and $1,479,000 for either of the 3BR/2.5BA units, which offer 1750 square feet each. Continue Reading

3961 25th St. Lands in Lap of Luxury

3961 25th St. Lands in Lap of Luxury

When I listed and sold 3961 25th Street in Noe Valley back in the summer of 2006, there were multiple offers and the lucky buyer purchased the property for $1,050,000. About a year later, the owners—a Google employee and Noe resident who’d bought the house as a guest quarters of sorts for visiting parents—resold the property for $1,250,000. Continue Reading

Luxury Moves to Mission

Luxury Moves to Mission

There seems to be no stopping luxury development in the Mission, despite the current economy. I stopped in yesterday during my broker tour at 3099 22nd Street, where three new condos priced at $785,000, $789,000, and $795,000 are gracing the landscape at the corner of 22nd and South Van Ness. Continue Reading

Take Your Pick of Luxury Properties

With 68 single-family homes and 37 condos listed at $2M or more, the San Francisco luxury market has a lot to offer. Unfortunately, there’s a limited number of individuals who can afford an average of $5,332,763 for a house, or $3,407,770 for a condo. Continue Reading

Buyers Just Not That Into Luxury TICs

Buyers Just Not That Into Luxury TICs

Got a luxury tenancy-in-common (TIC) building you’re ready to sell? Keep this in mind: Buyers are just not into luxury TICs these days.

TICs were traditionally a way for first-time home buyers to get into the housing market. So TICs priced well above $1M are facing particular challenges. Continue Reading

Contact Eileen for Real Estate Help

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

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