How Much Is My Home Worth?

“How much is my property worth?” “How much could we get for our place?” “How much do you think my condo would sell for?”

San Francisco Median Home Price Graph, What Is My Home Worth

I get asked different variations of this question every single day, everywhere I go. It doesn’t matter if I’m at a dinner party, bbq, school event, or even on a field trip with my 7 year old. It’s okay. It’s totally normal. Everybody wants to chat real estate. It’s why I started this blog, and it’s a go-to if conversation about Blue Bottle versus Ritual Roasters gets so heated it’d be better left settled in the Octagon. Everybody wants to know if their home value has gone up, and everybody wants free information about the market and their property. So how does a real estate professional accurately answer this question in a market where (currently) home values seem to be going nowhere but up every week, and every new sale sets a new high water mark in your area?

The answer is this, nobody REALLY knows. A couple things I do know are Zillow Zestimates do you no good in San Francisco, your property is worth more than your cousin’s in Kansas, and your property could be worth more than it ever was. I know what comparable properties have recently sold for, and I know how I can help you market, show, and price your property to get the maximum number of people through the door in an effort to let the market dictate what is the maximum value your property is worth.
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Current San Francisco Home Values by Neighborhood, Property Type & Bedroom Count

These tables report average and median sales prices and average dollar per square foot, along with average home size and units sold, by property type and bedroom count for a wide variety of San Francisco neighborhoods. The tables follow the map in the following order: houses by bedroom count, condos by bedroom count, 2-bedroom TICs, and finally a small table on 2-unit building sales.

The analysis is based upon sales reported to MLS between April 1, 2013, when the last big surge in home values began in San Francisco, and February 21, 2014. Value statistics are generalities that are affected by a number of market factors and all numbers should be considered approximate.

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