Two $19.5M San Francisco Homes Sell, Priced Differently
The Pacific Heights mansion closed nearly 22 percent below its list price, while the Russian Hill home sold at its ask.
Updated on Nov. 2, 2026 in Residential
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Two San Francisco homes sold for $19.5 million each this week, and neither drew an overbid. The 2090 Vallejo Street mansion in Pacific Heights closed nearly 22 percent below its $25 million asking price, while the Russian Hill home at 1281 Greenwich Street sold for exactly its asking price.
Why it matters
For anyone watching the city's luxury market, the two sales show that top-end buyers are negotiating hard on large Pacific Heights properties while still paying full ask for well-priced homes in Russian Hill. Whether that pattern holds beyond these two houses is not something the sales alone can show.
The 9,650-square-foot Vallejo Street mansion sold for $2,025 per square foot, about 22 percent under its $25 million list price. The Greenwich Street home fetched $3,360 per square foot after 117 days on the market, far longer than the 22-day average for Russian Hill sales from July through September.
The players
Compass
The brokerage whose agents represented the sellers and buyers in both San Francisco transactions.
Missy Wyant Smit
The Compass agent who represented both sides of the 2090 Vallejo Street sale in Pacific Heights.
Andres Ardila
A Compass agent who represented the seller of the 1281 Greenwich Street home in Russian Hill.
David Costello
A Compass agent who worked with Andres Ardila on the 1281 Greenwich Street sale.
The details
Compass agent Missy Wyant Smit represented both the seller and the buyer in the 2090 Vallejo Street sale, a six-bedroom home built in 1919 that had been listed at $25 million in mid-September. At 1281 Greenwich Street, Compass agents Andres Ardila and David Costello represented the seller and brought in the buyer, and the home sold at its July asking price. The two sales closed in the same week, with the Pacific Heights mansion going for nearly $5.5 million less than its opening ask.
Timeline
Mid-September 2026: 2090 Vallejo Street listed at $25 million.
July 2026: 1281 Greenwich Street listed for sale.
Monday, late October or early November 2026: 2090 Vallejo Street sold for $19.5 million.
Across the Bay
The Greenwich Street home took 117 days to sell, more than five times the 22-day average for Russian Hill sales from July through September. That gap makes it an outlier in the neighborhood, even though the sale closed at full asking price.
If you are thinking about selling a high-end San Francisco home, these sales suggest that pricing matters a great deal: the Pacific Heights mansion sold well under its ask, while the Russian Hill home sold at ask only after a long wait. Buyers and sellers in your neighborhood should check recent closed sales before setting a price.
The takeaway
Pricing discipline showed up on both sides of the market this week: a $25 million ask gave way to a $19.5 million close, and a 117-day wait ended at full price. Watch the next few weeks of San Francisco closed sales to see whether these two results become a pattern.
Further reading
For more on how the city's home market is moving, browse the Residential section.
Source note: This article includes information reported by The Real Deal New York.
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