Inside San Francisco Real Estate

Ready for the Top 5 Listings that have sold this year?  We figured it would be a good time.  The luxury market, although battered and bruised, has loosened up a little since March.  Take the $4 million + price bracket, for example.  In the first quarter there were only 5 sales of homes in this range.  Since then, there have been 16 sales of $4 million or more city-wide.

Sales on the uber-high end tend to have undisclosed sales prices.  That’s why we can’t call this the “Top 5 Sales in 2009″, but rather, the “Top 5 Listings That Have Sold in 2009″.  When we search the MLS, the sales price will be the same as the listing price, with an asterisk beside it.  It’ll say something like:  List Price $5,000,000.  Sales Price $5,000,000*.

So what does that mean?  Why are people hiding their sales prices in MLS?  I’m sure there are a number of reasons, the obvious one being to protect one’s privacy when it comes to wealth.  Although the sales prices are undisclosed in the MLS, you can often find them at Property Shark or by going to City Hall and perusing their files.  Out of the 21 sales over $4 million this year, 13 of them have “undisclosed sales prices”.

Interestingly (but perhaps not surprisingly), all of the homes on our list are in Pacific Heights or Presidio Heights, and all are single family homes (not condos or co-ops).  They are all within a few blocks of one another.  Here’s a map:

All right, enough with the how-to’s and why’s, lets hammer this thing out.

Coming in at Number 5 on the countdown is 3222 Jackson Street

• Listed at $6,995,000.  Sold for an “undisclosed amount”.
• 6BR/7BA, built in 1900, square footage undisclosed.
• Sold within 50 days of hitting the market.
• Sale date:  3/20/2009
• Neighborhood: Presidio Heights

Number 4 on the countdown:  200 Locust Street

• Listed at $7,195,000.  Sold for an “undisclosed amount”.
• 5BR/5.5BA, built in 1905, square footage ~6,500.
• Sold within 15 days of hitting the market. Was under contract after just 7 days.
• Sale date:  7/8/2009
• Neighborhood: Presidio Heights

Number 3 on the countdown:  2712 Broadway Street

• Listed at $7,750,000.  Sold for an “undisclosed amount”.
• 7BR/5BA, built in 1896, square footage ~7,000.
• Sold within 42 days of hitting the market. Was under contract after just 18 days.
• Sale date:  4/17/2009
• Neighborhood: Pacific Heights

Number 2 on the countdown:  2629 Pierce Street

• Listed at $7,750,000.  Sold for an “undisclosed amount”.
• 5BR/4.5BA, built in 1908, square footage undisclosed.
• Sold within 49 days on market.
• Sale date:  3/24/2009
• Neighborhood: Pacific Heights

Finally, Number 1 on the countdown:  3355 Pacific Avenue

• Listed at $8,900,000.  Sold for an “undisclosed amount”.
• 6BR/7.75BA, built in 1926, square footage undisclosed.
• Sold within 19 days on market.
• Sale date:  2/27/2009
• Neighborhood: Presidio Heights

For more Countdown and Ranking Articles, click HERE.