765 Sanchez Snaps Into Contract
Posted by insidesfre on May 18, 2009
This 3BR/2.75, 3271-square foot home at Sanchez and 21st came on the market in early May and slammed into contract by the end of last week.
The average days on market has been a tiring 81 for the 34 single-family homes that have sold for above $2M since January. So I think we can all agree that 765 Sanchez achieved a rare feat in the current marketplace.
Though the home wasn’t “done” by any stretch of the imagination—and the balcony above was about the only area staged—the location was the big selling point. There are buyers who specifically seek these coveted areas of Noe and Eureka Valleys. Case in point: 3690 21st Street at Sanchez, which sold in eight days last August for cash in a confidential sale. (Word has it that the property sold for around the $4.2M point.)
