Carol Solfanelli | Compass | DRE License # 01347033 | 415-297-7031 | carol.solfanelli@compass.com
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide

Two Recent Sales – Two Very Different Outcomes!

My recent experiences representing two sellers, one selling a condo and one selling a home and both going into contract at the end of 2022, suggests this current market may be different for condos versus homes, even though the properties are very different. A large upper condo in a 2-unit Edwardian building at 2248 California Street was spacious, on two levels, and had 4 bedrooms with four baths. Its location a block from the hot part of Fillmore Street made

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The Real Estate Market in Presidio Heights Shows Resilience!

PresidioHeights

As the holidays approach, the neighborhood feels quieter as people head out of town to be with family. What is happening with the real estate market in San Francisco?  It took a turn as interest rates began to rise at the end of April this year. For Presidio Heights, this rise does not appear to have affected our neighborhood as much as some others. However, I personally felt the impact when I listed the lower condo in my two-unit building

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Russian Hill Splendor!

Let’s take a deep dive into the co-op market in Russian Hill. Before we do that though,  I can’t help but mention a co-op which Joan Maze Miles and I have on the market there, a beautiful gem built in 1915. (See my post that discusses co-ops). Known for breathtaking views and exceptional cuisine, Russian Hill sits on, well, a hill, with Pacific Heights and Cow Hollow to the west, North Beach and Telegraph Hill to the northeast, and Nob Hill to

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She Didn’t Tell Us About the Bats and other Non-Disclosures!

The market has been crazy the last couple of years. As a result, buyers would often see a property once, have 24-48 hours to review disclosures, and make a non-contingent offer.  This meant that they had no inspections before going into contract. Often the disclosures were hastily read with little time to ask questions. Representing buyers, I would try to slow things down a bit and work with them to understand the disclosures. If I saw a situation where  sellers

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Just Sold! Buyer Makes a Surprising Return!:)

Back in June, a woman came into my very sweet listing, a 2-bedroom, 2-bath condo with an exclusive deck and garden. Perfectly located at 1879 Green Street in Pacific Heights on the border of Cow Hollow, it was the lower flat of an Edwardian 2-unit building that had tons of curb appeal. The first person to see the condo at my initial open house, she walked in and seemed to “fall in love,” came back two additional times, but she

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Another Just Sold!

My listing at 233 Presidio Avenue recently sold. It was listed for $2,095,000 and sold for over the asking price. It was a 3 bedroom, 2 bath condo in Presidio Heights my husband and I owned that I had mentioned in an earlier post. It  was the lower flat of an Edwardian 2-unit building. A nice couple moved in with their sweet Labrador. It is the only dog I know that doesn’t bark – lucky neighbors! Interest rates had just

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Just Sold!

I recently helped my client, Jonathan, buy a home perfect for him in Eureka Valley. This home at 204 Grand View Avenue is very tastefully renovated inside with a modern look to its chef’s kitchen, two bedrooms and two bathrooms. The living room has a cozy fireplace and views of the Bay. The back patio and terraced garden are a delight and exactly where my client wants to entertain his friends. He thanked me for helping him find his first

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Is the SF Real Estate Market Shifting?

Price reductions Fewer offers on the offer date Offer dates with no offers Properties staying on the market longer All of these are signs of a changing market! Last week, I helped two buyers purchase homes in Eureka Valley in San Francisco – one listed for $1.6M and one listed for $4.2M. In each of these situations the seller only received two offers, including my client’s. The listing agent for each home expected to receive more offers based on the

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Time to Sell!

presidio avenue

Back in 1998, my husband and I bought a two-unit building and moved into the lower flat and renovated it. We condo-converted the building and eventually moved upstairs and renovated that flat, renting out the lower unit at 233 Presidio Avenue. The lovely family that grew from three to five over 15 years, and who rented the lower flat, gave notice at the end of last year so after much deliberation my husband and I decided it was time to

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When An Offer More Than One Million Over the List Price Doesn’t Prevail!:(

Paintd Ladies

Last week I wrote an offer for clients that was more than one million dollars over the list price. Yes you heard that right – and they didn’t get it! Out of 14 offers, theirs was number 3. How did we get to this point in San Francisco? I had previously heard of one or two properties selling for more than a million dollars over the list price but those were notable exceptions. However, this experience tells me that it

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