SF: Prices Going Down All Over Town
Hurray for recession! Okay, sorry, I don’t mean that. But I do like to see prices go down, mainly because prices here are ridiculous. I realize price reductions are less thrilling for sellers than buyers, so I dedicate this blog to buyers alone. Enjoy!
This one comes from San Francisco Schtuff, interesting A) because it is a $450K cut, and B) because it is in a swank area.
- 1170 Sacramento St., Penthouse B: a 3/2 penthouse down from $4,900,00 to $4,450,000.
In South Beach, we have almost 100K reduction at 88 King St., 101. This is a 2/3 condo down now to $899K.
In the Central Richmond at 1928 Clement, #1 is a 3/2 which has been reduced twice since it went on the market in June, landing now at $918K.
In the Haight, this pretty 2/1 flat at 658 Cole St. is down to $729K.
Even Noe is not immune: here is a 2/2 condo at 484 Alvarado St., down now to $899K.
Finally, over in Potrero Hill, this 3/2 SFH is now down to $1,049,000, after is third reduction. 507 Rhode Island St.
Want more? There are tons! Just do a search at Redfin for homes on the market over 45 days- most of them have been reduced once, if not twice. Sucks for the seller, but sweet for the buyer!
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Photo credit: Gizmodo.com
