The Brief
- A home in San Francisco sold for $2M over the asking price.
- It closed last week at $4.95 million.
- The house was on the market for six days and received 18 offers, many of them cash offers.
SAN FRANCISCO – It’s even staggering by Bay Area standards, where homes commonly go for over the asking price. In San Francisco last week, a home in the city’s Inner Richmond neighborhood sold for $2 million over the listing price, to close at $4.95 million.
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The four-bedroom, 2.5-bathroom single family property is located at 659 12th Avenue and is described as an Edwardian-style home that was remodeled in 2011. …