Outer Richmond, San Francisco: Real Estate & Market Overview

Outer Richmond Real Estate: Why Lower-Priced Homes Are Winning Bidding Wars While Luxury Listings Sit The Outer Richmond real estate market is producing a striking contradiction. Nearly three out of every four homes sold during the most recent three-month period closed above the seller’s asking price, with 73% of sales finishing over list price. Yet […]

There's a rule in San Francisco real estate that most homeowners never think about, even though it can be worth hundreds of thousands of dollars.

70% of San Francisco homes sell above asking price. Here's why that's not proof of a hot market — it's a pricing strategy — and how buyers and sellers should really read the numbers.