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February 29, 2012

Cash Buyers Snap Up Liberty Hill Luxury Condo


The market is moving quickly in prime San Francisco neighborhoods, as I’ve recently noted. The latest example of purchasing prowess occurred at 482 Liberty, a 3BR/2BA condo with an amazing view and parking at Liberty and Rayburn.

482 Liberty went into contract within four days with a list price of $1,699,000. The all-cash sale closed yesterday at $1,850,000.

It’s really critical for buyers to get into highly desirable properties as soon as possible once these homes hit the market. There’s certainly a large supply of buyers ready to jump on the right place, and it’s not unusual to have a multiple-offer situation the day after the first open house.

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