Austin KlarVanguard Properties · Lawyer Turned Real Estate Agent

Pacific Heights SF Home with Stunning Views

Name: Pacific Heights SF Home with Stunning Views
Uploaded: 2024-08-04T23:00:03+00:00
Duration: 36 s
Channel: Austin Klar
Description: In this brief market commentary, Austin Klar reports that ultra‑luxury homes in San Francisco are receiving multiple offers and selling above asking…

4 Aug 2024 · 1 min

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In this brief market commentary, Austin Klar reports that ultra‑luxury homes in San Francisco are receiving multiple offers and selling above asking price. He highlights a recent transaction: a single‑family home on Broadway in Pacific Heights with premium Bay and Golden Gate views, a rooftop, and large scale. The property was listed for only a week before an offer date, attracted four buyers, and sold for about 7% over the list price, matching the average premium for single‑family homes citywide. Klar emphasizes that strong demand spans all price tiers, provided homes are well‑priced and in desirable locations, and invites viewers to follow him for more Bay Area real‑estate insights.

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Even ultra-luxury properties are getting multiple offers and going for over ask in San Francisco right now. I just got a client into this single-family home on Broadway in Pacific Heights and has everything you could want in a Pacific Heights home. A+ location, views of the bay and the Golden Gate Bridge, a rooftop with views spanning all the way across the city, and incredible scale. It was only on the market for about a week before the seller set an offer date. 4 different buyers submitted offers and it went 7% over list price, which is in line with the average single-family home in San Francisco. So it's not just properties in the $1 to $2 million range that are getting all the action in the city right now. It's properties at all price levels so long as they're priced appropriately and in desirable locations. Follow me for more Bay Area real estate.