I just sold a top floor 2 bedroom view condo up the street from the iconic “Painted Ladies” on historic Alamo Square Park. This property was different from condos I have sold in the past. The reason? It was a “Smart Home” condo. It was equipped with state-of-the-art features including Brilliant control light panels, Mysa smart thermostats, a Café Oven and a Tesla Universal EV Charger. You could control lights and music on the light display panels with Amazon’s Alexa. The …
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
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide
Tag: multiple offers
What is happening with the real estate market in San Francisco as we head into February? Realtors are generally seeing that inventory is still low, especially for single family homes. This has created a strong market for homes with low inventory and high buyer demand. Multiple offers with substantial over asking prices are happening across the city for single family homes that are priced right. The condo market with much more inventory is moving more slowly with condos staying on …
I recently had the pleasure of helping my great client sell her home in St. Francis Wood. Ten years ago, I helped her and her husband buy the home when they had a toddler and she was pregnant with their second child. They raised their two children there and their children are now teenagers so it was time to move. The home at 240 Santa Paula Avenue is a 3 bedroom, 3 bath English style home with a lush garden; I …
There are some sales that affect you more than others. I recently represented a client who was selling a home at 230 22nd Avenue that had been in the family for over 70 years and meant a lot to her. My client’s dad had grown up here and her grandparents had held onto the home until they passed away. It had not been lived in since 2011 so there was quite a bit of deferred maintenance. The floors had old carpeting …
I recently had the pleasure of helping a nice client buy a lovely home in Forest Hill. The home at 512 Dewey Blvd. is a 5 bedroom Edwardian home with 4 of the bedrooms on the top level. The home has beautiful original moldings and feels very elegant. Not only does my client have a luxurious primary suite but she will have a light-filled office on the same floor. It is perfect for her family with much more room than …
Eight years ago I met Sarah and Kevin. They had a daughter who was almost 2 and were expecting another. I helped them find their first home near USF, known as the Lone Mountain neighborhood. Flash forward, with 3 children under 10, they had finally outgrown their home and were ready to sell. The market wasn’t very good the last half of 2022 so putting their home on the market in February was a leap of faith. They still loved …
Over the past three to four weeks, I have watched the San Francisco market go from being a slow moving market to one picking up speed. Based on my colleagues’ experiences and mine, I think it is fair to say that San Francisco is in a “mixed market” right now. At recent sales meetings, I have heard a number of colleagues say that they have been in multiple offer situations, particularly for homes but for some condos as well. The …
Last year I received a call to help a brother and sister sell their late mom’s home in Bernal Heights. While it was sad for them to let it go, it was time. It was an absolutely sweet home on a historic street that needed some TLC. I knew it would make some buyer very happy and it ended up receiving multiple offers and being sold to a nice couple – a fireman and a nurse. They eventually brought a …
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 …
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 …