Brokers’ Tour report from my tour around the City today. Here are the deals I was told about beyond the one on 19th Street I reported on in my previous posting.

50 Carmelita

50 Carmelita on Duboce Park reportedly received a ‘pre-emptive’ offer and went over $2.5mil which is above its $2.4mil asking price.

985 Clayton

985 Clayton a single family in Ashbury Heights asking $1,748,000 went into contract. I don’t have specifics on the deal.

575 28th Street

575 28th Street in Noe Valley which was a spec remodel where the contractor cut a lot of corners and it is next to a fixer house that will someday ‘more than likely’ go up at which point would block this homes views is in counter offers with a buyer. This house was on the market previously above $3mil and didn’t go anywhere. It is now re-listed and asking $2,250,000.

I also have inked several listings that will be coming on the market shortly but are not in the system yet. I have a large house like condo at 70 Valley with 3 bed/3bath/1pkg asking $1,250,000. Just signed a top floor full floor condo in the Castro at 366 Sanchez for $1,095,000 and a top floor condo in a lovely 1920’s building in Pacific Heights at 1824 Jackson for $1,849,000. I don’t have any photos yet but if you’re interested please give me a call.

With the current low level of inventory in the better neighborhoods and the fast activity, there truly may be a silver lining in the Spring market. It is a ‘moment of opportunity’.

More to come……

Lance

415-793-6140