Today in Depressing Real Estate News

Yes, rental prices are officially insane in the Lower Haight, just like they are all over the city these days. But what if you're looking to buy a place here in the neighborhood? Do you have a prayer? In fact, you do not.

Curbed brings word of this charming 5-bedroom house at 627 Waller, between Pierce and Carmelita.

On October 16th, it was listed for $2.995 million. That alone would have made it the priciest single-family home sale in the Lower Haight in at least three years, according to Redfin. It was on the market for a week, and then it sold for $3.5 million. Which is $505,000 over asking. And apparently the buyer paid in cash. Happy Twitter I.P.O. eve!

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Today in depressing real estate news