San Francisco home sells for an astounding $2 million over the asking price

A home in San Francisco's Inner Richmond neighborhood sold for $4.95 million, $2 million over the asking price. The four-bedroom, 2.5-bathroom Edwardian-style home received 18 offers, with the top eight competitors making cash offers.
A San Francisco home sold for $4.95 million, exceeding its listing price by $2 million. The home, located at 659 12th Avenue, features an open floor plan, a two-car garage, and a level walk-out yard. It was remodeled in 2011 and is near Golden Gate Park. The property received 18 offers, with the top eight being cash offers. The sale closed after just six days on the market. The San Francisco housing market is known for being volatile, with home prices influenced by the tech industry.
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