Sellers, take note.
, a north penthouse asking $17 million and a south penthouse asking $12 million. Together, the units combine to offer more than 10,000 square feet of panoramic views in the sky. Someone bought them both for cash, presumably to live in them as one, in the style the Shultz family did.as the most expensive condo sale in San Francisco in 2022 and is indeed the most pricey on-market sale this year.
It’s notable though that this sale does not represent an overbid transaction. The ask was a total of $29 million, and that’s precisely what was paid.Unit No. 2 at 2006 Washington St. in San Francisco was sold for $19 million.The second highest-priced public sale in San Francisco this year wasn’t a quick one: 2006 Washington St., No.
This list price/sell price match is novel to this city, at least in terms of the last two years. In 2021, it wasn’t uncommon for as much as 73% of homes in a particular San Francisco neighborhood to be selling . By year’s end, data showed that more than 70% of the homes that sold in 2021 sold above their list price in this city.2950 Pacific Ave. in San Francisco sold below asking for but was still the city's third-highest sale in 2022.This is the only on-market home that made the top sales list but was also sold below asking. The mansion has two addresses because it’s in the middle of a still-incomplete remodel — the front door was projected to move to 2895 Broadway.
But history shows San Francisco never stays down for long, and gauging when this balance might shift back to sellers might require a crystal ball. “Buyers are still hanging out trying to time the bottom, and then, as is almost always the case in SF, many of them are going to miss it,” Clark said.
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