MARKET DYNAMICS BY SAN FRANCISCO NEIGHBORHOOD
San Francisco market dynamics range quite a bit from neighborhood to neighborhood.
In the last year, we have seen a high demand for homes in Noe, Eureka Valley, Cole Valley, Glen Park, Ashbury, Clarendon and Corona Heights, with 78% of them going into contract within 30 days for an average of 14 days on the market. In comparison, 48% of homes in Russian Hill, Nob & Telegraph Hills, North Beach, and the Financial District sell within 30 days, with an average of 32 days on the market.
During the same time period, it was homes in the Sunset, Parkside, Golden Gate Heights that took the prize of going the highest over their original list price at 116%, while homes in Pacific & Presidion Heights, Cow Hollow, and the Marina only sold for 99% of their asking price.
Check out some charts below that show each neighborhood’s unique dynamics and see how your neighborhood rates within each criteria.