It’s always helpful to check in on quarterly price averages and market activity in San Francisco.
First off, prices are down. However, properties are selling fairly briskly, and the single-family homes, condos and TICs located in desirable, centrally located areas are not exactly being given away.
Here are the basics:
Single-Family Homes
# Sold: 541
Avge Price: $1,022,238*
Avge Price Per Sq Ft: $529
*There are at least 23 homes which sold between $2M-$6M in which confidential sales were requested. So the average would be altered if those sales details were reported.
Most Expensive House Sold:
2712 Broadway
7BR, 7,000-square foot home listed at $7,750,000.
Least Expensive House Sold:
1348 Palou
3BR house in Bayview, sold for $220,000 in a short sale.
Condos
# Sold: 386
Avge Price: $787,326
Avge Price Per Sq Ft: $610
Most Expensive Condo Sold:
1009 Francisco
4BR condo sold for $5.5M.
Least Expensive Condo Sold:
195 7th #410
A 341-square foot unit sold for $232,000 in SoMa.
TICs
# Sold: 102
Avge Price: $600,837
Avge Price Per Sq Ft: $571
Most Expensive TIC Sold:
1549 Francisco
2BR condo sold for $1.4M.
Least Expensive TIC Sold:
2725 Harrison
1BR unit sold for $230,000.