Mission Hills: Low End Trends

[bearishgurl]

[quote=jpinpb]Another deal in 92103. 216 W Robinson 46% off the 2007 price, almost 2002 pricing. I loved that porch. I think it’s a pretty good deal when you consider how low rates are right now. Trying not to be jealous. Nice house. Really liked this place.[/quote]

Beautiful property jp. Very nice inside, FP and stair panel are its best assets. Some good friends of mine who sold and moved away about 15 years ago had a porch just like that in Burlingame.

Is it a possible Mills Act candidate? From the back view, it does not look like the original footprint was altered.

Thanks for sharing!

[pemeliza]

I think the market is finally reacting to the fact that 92103 homes are trading at prices at or very near par with 92116 and 92104 homes in similar condition. The market seems a little hotter this January than last with 3 more detached pendings today, for example.

According to sdlookup, 92103 now has 68 homes for sale. Still many of the homes are still way overpriced so it is hard to imagine inventory coming down much more just in time for spring selling season.

Further, it remains to be seen how many sellers are going to “try their luck” again this year after seeing a string of very weak closing prices being posted.

[pemeliza]

I think the market is finally reacting to the fact that 92103 homes are trading at prices at or very near par with 92116 and 92104 homes in similar condition. The market seems a little hotter this January than last with 3 more detached pendings today, for example.

According to sdlookup, 92103 now has 68 homes for sale. Still many of the homes are still way overpriced so it is hard to imagine inventory coming down much more just in time for spring selling season.

Further, it remains to be seen how many sellers are going to “try their luck” again this year after seeing a string of very weak closing prices being posted.

[pemeliza]

I think the market is finally reacting to the fact that 92103 homes are trading at prices at or very near par with 92116 and 92104 homes in similar condition. The market seems a little hotter this January than last with 3 more detached pendings today, for example.

According to sdlookup, 92103 now has 68 homes for sale. Still many of the homes are still way overpriced so it is hard to imagine inventory coming down much more just in time for spring selling season.

Further, it remains to be seen how many sellers are going to “try their luck” again this year after seeing a string of very weak closing prices being posted.

[pemeliza]

I think the market is finally reacting to the fact that 92103 homes are trading at prices at or very near par with 92116 and 92104 homes in similar condition. The market seems a little hotter this January than last with 3 more detached pendings today, for example.

According to sdlookup, 92103 now has 68 homes for sale. Still many of the homes are still way overpriced so it is hard to imagine inventory coming down much more just in time for spring selling season.

Further, it remains to be seen how many sellers are going to “try their luck” again this year after seeing a string of very weak closing prices being posted.

[pemeliza]

I think the market is finally reacting to the fact that 92103 homes are trading at prices at or very near par with 92116 and 92104 homes in similar condition. The market seems a little hotter this January than last with 3 more detached pendings today, for example.

According to sdlookup, 92103 now has 68 homes for sale. Still many of the homes are still way overpriced so it is hard to imagine inventory coming down much more just in time for spring selling season.

Further, it remains to be seen how many sellers are going to “try their luck” again this year after seeing a string of very weak closing prices being posted.

[CA renter]

Thanks for keeping us updated, pemeliza.

Your observations are pretty much in line with what we’re seeing up here. Prices have been very weak in the better areas, and in many cases, are beginning to make some sense (almost!). 😉

[CA renter]

Thanks for keeping us updated, pemeliza.

Your observations are pretty much in line with what we’re seeing up here. Prices have been very weak in the better areas, and in many cases, are beginning to make some sense (almost!). 😉

[CA renter]

Thanks for keeping us updated, pemeliza.

Your observations are pretty much in line with what we’re seeing up here. Prices have been very weak in the better areas, and in many cases, are beginning to make some sense (almost!). 😉

[CA renter]

Thanks for keeping us updated, pemeliza.

Your observations are pretty much in line with what we’re seeing up here. Prices have been very weak in the better areas, and in many cases, are beginning to make some sense (almost!). 😉

[CA renter]

Thanks for keeping us updated, pemeliza.

Your observations are pretty much in line with what we’re seeing up here. Prices have been very weak in the better areas, and in many cases, are beginning to make some sense (almost!). 😉

[jpinpb]

pemeliza – did you see this one? 1086 Hayes. Started out at 900k. I had set an alert on it. It went contingent. Then they changed the price to 650k. It kept reducing while contingent. Got the email that it ended up selling for 580k
Beds: 4
Baths: 3
Sq. Ft.: 2,300
$/Sq. Ft.: $252
Lot Size: 5,248 Sq. Ft.

I think they got a great deal. I hope it’s not a flipper, but someone who will love this place.

[jpinpb]

pemeliza – did you see this one? 1086 Hayes. Started out at 900k. I had set an alert on it. It went contingent. Then they changed the price to 650k. It kept reducing while contingent. Got the email that it ended up selling for 580k
Beds: 4
Baths: 3
Sq. Ft.: 2,300
$/Sq. Ft.: $252
Lot Size: 5,248 Sq. Ft.

I think they got a great deal. I hope it’s not a flipper, but someone who will love this place.

[jpinpb]

pemeliza – did you see this one? 1086 Hayes. Started out at 900k. I had set an alert on it. It went contingent. Then they changed the price to 650k. It kept reducing while contingent. Got the email that it ended up selling for 580k
Beds: 4
Baths: 3
Sq. Ft.: 2,300
$/Sq. Ft.: $252
Lot Size: 5,248 Sq. Ft.

I think they got a great deal. I hope it’s not a flipper, but someone who will love this place.

[jpinpb]

pemeliza – did you see this one? 1086 Hayes. Started out at 900k. I had set an alert on it. It went contingent. Then they changed the price to 650k. It kept reducing while contingent. Got the email that it ended up selling for 580k
Beds: 4
Baths: 3
Sq. Ft.: 2,300
$/Sq. Ft.: $252
Lot Size: 5,248 Sq. Ft.

I think they got a great deal. I hope it’s not a flipper, but someone who will love this place.

[Author]

Posts