The Sunset Rocking The Overbids!

Ok, @harriet, finally closed and confirmed at 1.44M. Reasonably close to that fav on 25th at 1.55M…

Hmmmm, same real estate outfit (not same broker) in on selling and buying. Coincidence? I smell me some salted fish…That is why I also say go with a big firm instead of a small time brokerage/agent (unless they actually do have the listing). Everybody is trying to keep deals inhouse or double dip.

Come on, Cyndi, my Sunset house is worth more!!!

Dang, a small 2/1 under 1k sq ft outer Sunset fixer goes for 1M+ now…

https://www.zillow.com/homes/for_sale/2131-43rd-Ave,-San-Francisco,-CA-94116_rb/?fromHomePage=true&shouldFireSellPageImplicitClaimGA=false&fromHomePageTab=buy

Ok let me contribute to this one instead of sfdragonboy:

450k over asking…

Thanks! That is a nice one!

This is not sunset but it’s gutted, wonder how much over

Yeah, I def want to know too. This is close to City College in that Ocean/Sunnyside area. Access to 280 is sweet.

From this before pic and the other details, this was all original when bought for 805K only last October which is what slightly more than a half a year? My god, it was a 2/1 780 sq ft fixer home which sold for $1799/sq ft. Damn!!! What do you think the remodel cost was, to transform this into a 4/3 at 1865 sq ft? It just seems like ANY SFH that is especially run-down is quickly snapped up by flippers who turn a turd into a diamond.

Come on, didn’t Jason just close on that 18th Ave beauty??? Boom!!!

See, corner Sunset homes are highly desired… 1.54M folks for a 3/1 semi FIXER!!!

Wow, this is a nice, big one that hits 1.58M!!! Not too keen on the fountain action and the dark coverage in the yard though…

Good lord, next year not a single house in the Sunset will sell for less than 1.5M…

Well, you would think it would slow down some but it just kepts goin’. That corner one is ridiculous for a fixer!!!

This one sold surprisingly high. Bad photos too. Bad representation, maybe discounted broker

Yeah, not sure why the buyer went that high on an original condition home. Maybe tired of losing out or needing to get something soon due to closing exchange window?

Ok, tunnel entrance did not hurt this reverse plan beauty that offers some ocean view. +50% over asking, Sunset naysayers!!! That’s $506K and some change over for near Outer Sunset!!!

$1.5M for Outer Sunset. That is insane. I guess money is worthless to some people.

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Or, more likely that people are realizing that Sunset homes are worth every dime!!! Come on, @harriet, drink the Sunset Kool-Aid!!!

Value of money is fast declining, is all I know. Many of us is trying to keep up with this asset inflation. So as the value of money decline, the divide would be wider in term of absolute dollar. Adjusted may be narrower than few decades ago.

I think all these buyers of million dollar homes are probably repeat buyers, not first time buyers. There is a big gap between the haves and the have nots here. Let me do some research to find out if this is the case…

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If you’re right, the % ownership rate will be declining for SF.