We recently released our 2014 SF Real Estate Report, which tracks five key statistics for SF home prices in every SF neighborhood, for both single family homes and condos. We follow the SF condo market in depth at sfmoderncondos.com, and the information for single family homes is here on jacksonfuller.com:
Of the roughly 80 neighborhoods tracked by the SFAR MLS, only 19 of them have a median sales price of under $1,000,000. The least expensive neighborhood for a single family home in 2014 was The Bayview, with a median sales price of $600,000. The most expensive neighborhood for a single family home in 2014 was Presidio Heights, with a median sales price of $5,950,000. Here’s the entire breakdown:
As we all know, single family homes in San Francisco are expensive and only getting more so. 2014 was a year where numerous neighborhoods set records. Almost all new construction in SF is for condo homes, there is one current project – Summit 800 – that is selling single family homes in the city.
We’d love to hear your thoughts about SF home prices in the comments below, on our facebook or linked in page, and you can also find us on twitter and instagram.