A: It’s a tale of two cities in San Francisco right now.
Houses in Noe Valley, the Sunset, and the Richmond are hot. Stories of well-prepared homes selling a million or two over list with 10-plus offers abound.
In Noe, $2,000 per square-foot is the new norm and $3 million is the new $2 million. A two-unit on Dolores Street listed at $3.3 million received 20 offers, the winner pushing past $5.3 million.
My clients’ preemptive purchase of 818 Douglass St. — one of the most perfect houses I’ve seen in a while — was ratified within 30 hours of a Super Bowl Sunday preview, non-contingent, at over $2,100 per square-foot (and there was an even higher offer).
Why? Buyers want charm, walkability, and a place to call their own — now, before it gets further out of reach.
