What came on, went pending and sold in San Francisco on September 22
650 2nd Street #404 recorded at $1,625,000 — $70,000 below its asking price. Two condos in the $2.7M–$3M range appeared on the MLS the same day.
650 2nd Street #404 closed at $1,625,000 on September 22, finishing $70,000 below its $1,695,000 list price at $905.80 per square foot across 1,794 square feet. That gap — about 4 percent under ask — is the day's clearest price signal.
The day's activity
| Detail | |
|---|---|
| New listings | 2 |
| Went pending | 0 |
| Recorded closings | 1 |
The closing
| Address | Type | List Price | Sale Price | Sq Ft | $/Sq Ft |
|---|---|---|---|---|---|
| 650 2nd Street #404 | Condominium | $1,695,000 | $1,625,000 | 1,794 | $905.80 |
650 2nd is a larger-than-typical condo for the South Beach corridor. At $905.80 per square foot, it came in below the broader San Francisco market median of $1,200 per square foot recorded across 138 sales in the last 180 days — though that figure spans all property types and size bands, so it is context, not a direct comparison.
New listings
Two condos appeared on the MLS feed on September 22.
| Address | Type | List Price |
|---|---|---|
| 1998 Broadway Street #805 | Condominium | $3,000,000 |
| 188 Minna Street #36D | Condominium | $2,695,000 |
1998 Broadway Street #805 sits in Pacific Heights, asking $3,000,000. 188 Minna Street #36D is in SoMa, asking $2,695,000. Both are condominiums with no pending activity recorded by end of day. The combined ask on the two new listings is $5,695,000 against a single recorded closing of $1,625,000 — a lopsided day in terms of dollars entering versus dollars settling.
No homes went pending on September 22.
How the San Francisco market is doing
Across all property types, 138 sales have recorded in San Francisco over the last 180 days, with prices ranging from $305,000 to $8,500,000. The median sale price over that window is $1,412,500, and the median price per square foot is $1,200. The median home size is 1,196 square feet. Year-ago figures for the same 180-day window are not available for comparison.
Among the most recent closings in the city: a 4-bedroom house at 212 Union Street sold September 15 at $8,500,000 ($2,125 per square foot), and a 480-square-foot unit at 631 O'Farrell Street #715 sold September 16 at $355,000 ($740 per square foot) — a range that illustrates how wide the San Francisco market runs on any given week.
Tim McMullen · Tim McMullen, Broker · CA DRE #02016832
[email protected] · (415) 691-9272
Tim McMullen, CA DRE #02016832. Real estate services provided by Tim McMullen, Broker, CA DRE #02016832. Figures are from recorded sales; nothing here is an opinion of the value of any home.