Statistically average homes in the neighborhood had two bedrooms, one bathroom, 1,200 square feet of living space and listed for $499,000 and sold for just slightly over the list price. The median days on market was 39 days.
What was the smallest home sold in the Excelsior neighborhood in 2010? Â The smallest home had just over five hundred square feet of living space, and listed for $175,000. After only three days on the market, it sold for over asking at a price of $192,500. The largest home in the Excelsior that sold in 2010 was over four times that size, with six bedrooms, 4 and a half bathrooms, and almost 2,400 square feet of living space. It was on the market for a much longer time – 246 days on market, and sold for under it’s asking price of $795,000.
While median price per square foot is almost always a bad measure of value in San Francisco, for those of you that just have to have your price per square foot statistic, the median for the Excelsior district was $417 per square foot. Which would put it on the more affordable list of San Francisco neighborhoods. If, that is, you wanted to make a list of affordability using a metric that provided questionable usefulness in a city with such diverse housing stock.
All of the data in this post comes from the San Francisco multiple listing service. Data is considered reliable, but it is not warranted. Your mileage may vary, and as always be sure to brush and floss on a daily basis!