San Francisco House & Condo Values
Which Neighborhoods Dominate Home Sales?
Who Is Buying the City’s Luxury Condos and Why?
September saw the largest surge of new listings coming on market in the past 2 years, which led to a big jump in deal-making, but data on transactions negotiated in September won’t be available until most close escrow in October and early November. In the meantime, we’ll look at the last 2 quarters.
Median Sales Prices & Average Dollar per Square Foot
The following 2 charts look at current and longer-term trends in home values. As is common, median house sales prices dropped a bit in the 3rd quarter – this is due mostly to seasonality issues – though condos have held steady for 3 quarters now at $950,000. Dollar per square foot values have continued to increase to new peaks: This metric is particularly being impacted by new-development condo sales, which are breaking dollar per square foot records virtually everyplace they’re being built.
If you wish to drill down on values in very specific city neighborhoods, we recently updated our interactive map, which can be found here: SF Home Price Map
Where Home Sales Occur at What Prices
Are you somebody that lives in San Francisco, has a home that is either on one level or contains an elevator, and you’ve been on the fence about selling your home? PocketListings.net has a buyer for you, they aren’t picky about their neighborhood, and they have $2,000,000 to spend.
Maybe you are a resident living in Pacific Heights, Sea Cliff, Cow Hollow, or Presidio Heights and you don’t want all the hullabaloo of listing on MLS, but you’d love for a buyer to come take a look at your home. PocketListings.net has a couple of those multi-million dollar buyers too.
Are you a buyer looking for a two unit building in the Marina? PocketListings.net has that too!
The moral of this story is if you are a buyer or seller anywhere in the United States, and especially in San Francisco (our hottest market), you should not only be visiting the site yourselves, but telling your real estate agent to do the same. There are opportunities galore, and it’s getting better every day!
-Single Family Home Buyer Needing One Level Or Elevator Home
-Pacific Heights, Presidio Heights, Cow Hollow, Sea Cliff Buyer [PocketListings.net]
-Marina Two Unit Building “Not On MLS”, $2,800,000 [PocketListings.net]
If you have it in you to get an A+ Sea Cliff property with views like this
…. give me shout, because have I got the roughly 3800 square foot home on a roughly 5600 square foot lot on the end of Lake Street just for you.
Principals only please. I am NOT representing the seller, but I’ve known about it for a while. I’ve tried to get it for a couple developers already, but to no avail. It looks like the asking price will cut the developers out of the picture, thus only making sense for a family looking to buy a Sea Cliff fixer, sink $500,000+ into it, and end up with their dream $3.5MM to $4MM property in one of San Francisco’s best neighborhoods. So if you fit that description, give me a shout and we can talk about the property and how I can help you get it.
Are you a San Francisco Realtor with a Lake District or Sea Cliff home one of your clients would be willing to sell? Well…we just found your dream buyer:
Very motivated all cash buyers looking for a SFR that meets the following requirements:
-$2.5M or less
-3 Beds/2 Baths+
-Around 3000 sq. ft.
-Good condition w / some original detail
– Lake Dist., Laurel Heights, Jordan Lake, Inner/Central Richmond, or Sea Cliff
We keep telling you, there is opportunity galore showing up on PocketListings.net all across the country. If you’re not on there yet, you’re missing out, and you’re going to miss the boat. Mark our words on that.
-Lake District Buyer Need around $2.5M [PocketListings.net]
You can look from this angle:
…or this angle:
…or this angle, and you’ll find the same house. You can also look right here or right here and you’ll get pretty darn close, but if you look right here, or here or here, you’ll come up empty as this home has “not been on the market in over 30 years,” but it’s available right now, as we speak…just not on MLS. Price? A cool $2,000,000 for four bedrooms, three baths, three parking spaces, one great hiking trail, golf course, beach, and museum out your door, and one big landmark (Golden Gate Bridge) view around every corner.
-Sea Cliff Pocket Listing [PocketListings.net]