+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

This San Francisco home 'in a deteriorative state' just sold for $1.2 million

Mar 27, 2015, 02:02 IST

A home needing some serious work just sold for $411,000 over its asking price, Curbed SF reports.

Advertisement

The four-bedroom home, located in San Francisco's Outer Sunset neighborhood, was listed for $799,000 in February and sold for $1.21 million just two weeks after coming onto the market.

That's roughly 50% above asking and a lot for a house that even the listing warns is "in a deteriorative state; needs everything, not for the novice." According to Redfin, the buyer paid in cash.

It's just another example of how crazy the San Francisco real estate market has become.

Next Article