The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-03-02
THE REAL ESTATE MARKET.
Sales by Auction "A $4,000 Sale.
Agents, Sellers and Buyers.

Sales by Auction $4,000 Sale.
Agents, Sellers and Buyers.
March opens up well ia real estate. Not
withstanding the inclement weather there
WAS much interest manifested yesterday in
the market.
The auction sale of Easton, Eldridge &
Co. was largely attended, and the bidding
was more spirited and satisfactory than it
has been for some time.
The residence and lot 924 Fulton street,
1917 &c feet west of Fillmore, brought So, $50;
the residence lot 25x100, on south line of
Golden Gate avenue. 90 &c feet west OF Lyon
street, brought S2025; s57 Sacramento
street, 90 feet east of Stockton, lot 23X65,
with brick building, S6475; lot 81 :3x100 on
northwest corner of Fell and Lott street.,
$685.; lot 81 .3xl37 IS on northeast corner of
Fell street and Masonic avenue. $500;
Western Addition residence lot, 40:6x107:6,
on east line of Lyon street. 81
feet south of Bush, S3675; Western
Addition home. lot 25x90, on west
line OF FaTTen avenue, between Pierce and
Scott streets, $3.50; twO-StOry tenement.
lot 25Xl00, south line of Harrison street.
east OF Eleventh. S4I00; Mission Heights
street, west Of Sanchez, $500 and S625
respectively; Mission residence lot 25xI15,
west line of Treat avenue, south OF Tween
tieth street. $3.50; Point Lobos avenue
IUlos AOA1DO, EAST OF DOAce STREET, SIOoU
each; lot 35X96 with four-rocm house. south
side Of State street. west of Castro, S2225;
Sanchez street lot, 30xl5:35, near Market,
south of Fourteenth, $1,000.
The College Terrace department of the
CaTnall- Hopkins Company has just closed
the safe Of fifty lots near Stanford Univer-
sity to VI. l.. Mowry, for $4,000, which is
considered very reasonable price " hen the
location Of the property is considered, as
the next five years will doubtless see the
same lots enhanced to a valuation thrice
what their transfer price is to-day.
q. Ii. UmbSen u Co. give their views of
the present condition o: the real estate
market in their Real Estate Record for
March, after the following manner:
There is a fair general inquiry for downtown
business property and brokers have been kept
busy during the past month. during which a
number OF Representative sales have teen made.
The marker has A marked Improvement ia Tone
owing 10 sellers abandoning fancy pTic $.
Brokers baY- themselves 10 blame for many OF
those eXorbuant demands. Competition has
reached a phase where. to obtain tile sale of
properly il has become common TO promise to
sell il for Impossible prices. The solicitor be-
HeYes that, when in the hands of an agent The
seller Will accept fair price tor The property
when offered. In this he Is often deceived. The
effect OF his promises is generally 10 make The
seller honestly believe his property IS worth the
| lTice first asked, and all subsequent argument
10 the contrary Is thrown aside. This has been
tie great trouble during the past Few months
thereby. 1t is beginning TO be Understo
among owners that they must ask prices based
| upon present aud not future values If they wish
| to SELL and that it Is useless putting property
When this is thoroughly understood "A consideFa-
| bic amount OF business VIII be done as there
| are plenty of buyers Upon reasonable terms.
! Bargains are not expected, but fancy prices are
tn