SF: New Listings: Are Sellers Overly Optimistic?

Some new listings hit the MLS in the past week that harken to the halcyon days of multiple offers for over the already appalling asking price.  Course, to hear realtors talk, we never left those days. These sellers agree. Do you?

1/1 condo at 2347 Union St., #4- $749,500:

Having sold in ’92 for $279,00, the sellers stand to make a healthy profit if they get asking (or over).

1/1.5 condo at 1080 Chestnut St., #7D-

$1, 350,000: for over $1000 per square foot, you get quite the luxury condo: stellar view, oak floors, …leather (?) accent walls. Oh, and an HOA of $1,127 per month ( it covers all utilities, by the way). The unit sold for $770,000 in ’05.

Commercial studio condo with .5 bath at 1300 Pacific Ave.

For $649,000, this is a commercial unit in Nob Hill. No parking included for you or your ostensive customer. It’s also currently rented…

2/2 single-family at 519 Arkansas St.

$1,149,000: Zillow actually rates this home at $1,300,000, and all the comps looks close in price. It’s a very pretty looking place, to be sure. Still, something about the fact that is sold in ’94 for $348,000 makes the current asking price a little eye-popping.

3/2 single-family at 28 Hillpoint- $1, 295,000.

Not saying this is too much to ask for a spacious abode overlooking the Marin Headlands. Am wondering why there’s not a single interior photo, however…