From what I understand, both units wound up going into contract in the low 600s. Each of the units fell out of escrow at one point but new buyers were quickly found to replace them.
They are remaining in escrow without closing and showing up on Redfin because the listing agent is negotiating with the lender(s). LIke all short sales, this one will probably take awhile.
Call or email me if you want more information about these units or other short sales and/or lofts in San Francisco. You can learn more about who I am and how I work on my blog http://www.sfrealestatebuzz.com and my website, http://www.ceceblase.com . Thanks.
Gregory Garver - Commercial Real Estate Broker
Broker License# 01716531
If you're planning to live in your next home for a 5-7 year period, I'd recommend continuing to look for properties in this price range. If you can get a loft for the low $500,000s, you will probably be ok. At the height of the market, units in 500 Bryant were selling in the mid $500,000s and a couple sold in the mid $600,000s.
There are a lot of options in this price range right now; in fact, I wrote a blog post on the subject this week:
Feel free to message me directly if you'd like to talk about further details.