Bumped into one of our local Realtors last night at the annual Best of the Bay Area fundraiser/party/see-and-be-seen.
We’d last seen Jeffrey at an open house down the way on Sunday. We’d poked through the place. Three units. Top unit is vacant and has been rehabbed. We introduced ourselves to a new tenant/neighbor who moved in less than a month ago into the middle unit. Tenant/neighbor works at Linden Labs and can walk to work. His unit is in a more original state than the vacant upper unit. We didn’t see the bottom unit.
Last night Jeffrey told us the place we’d been through was in escrow.
$1.395m.
Eight days on the market before getting a signed offer.
Downturn anyone?