2018 WRAP-UP

Single-Family Homes

2018 was another banner year for San Francisco. On a year-over-year basis, the median sale price rose 13% for single family homes; the largest annual dollar increase ever (not adjusted for inflation), which was largely driven by market conditions at the beginning of the year. Similarly, the price per square foot rose over 7% to a median of $958. Eight out of ten single family homes sold over their list price for a total of 116% total list price received. The median market time remains unchanged since 2017 at 14 days. A total of 2,218 single family homes were sold in 2018, which is comparable to last year’s number. Currently, there are 143 single family homes listed for sale in San Francisco, ranging from $598K to $11.9MM.

YEAR-OVER-YEAR COMPARISON: SINGLE FAMILY RESIDENCES

YEAR-TO-DATE 2018: SINGLE FAMILY RESIDENCES

 

Condominiums and TIC's

Looking at condominiums and TIC, the median sale price increased by nearly 5% on a year-over-year basis to just over $1.2MM. Six out of ten condominiums/TIC sold over their list price for a total of 106% list price received. The median market time decreased by 17% to 19 days. There were 3.5% more condominiums/TIC sold in 2018 than 2017, at a total of 2,919. There are currently 310 condominiums/TIC listed for sale in San Francisco, ranging from $320K to $19.5MM. 

YEAR-OVER-YEAR COMPARISON: CONDOMINIUMS/TIC

YEAR-TO-DATE 2018: CONDOMINIUMS/TIC


MEDIAN AREA VALUES

 

MEDIAN PROPERTY VALUES - SINGLE FAMILY HOMES

MEDIAN PROPERTY VALUES - CONDOMINIUMS/TIC’s

For past San Francisco market updates, please visit Vanguard Properties' archive.


Top 5 - 2018

 

Top Five Sales: Single-Family Houses

2900 Broadway St | Pacific Heights   $32,000,000   $3,754/SQ. FT.  5 bed/6 bath  8,525 SQ. FT.

2900 Broadway St | Pacific Heights

$32,000,000

$3,754/SQ. FT.

5 bed/6 bath

8,525 SQ. FT.

34 Maple St | Presidio Heights   $18,500,000   $1,581/SQ. FT.  9 bed/6.5 bath  11,700 SQ. FT.

34 Maple St | Presidio Heights

$18,500,000

$1,581/SQ. FT.

9 bed/6.5 bath

11,700 SQ. FT.

807 Francisco St | Russian Hill   $16,500,000   $2,670/SQ. FT.  6 bed/6.5 bath  6,180 SQ. FT.

807 Francisco St | Russian Hill

$16,500,000

$2,670/SQ. FT.

6 bed/6.5 bath

6,180 SQ. FT.

3020 Pacific Ave | Pacific Heights   $16,500,000   $2,523/SQ. FT.  9 bed/5 bath  6,540 SQ. FT.

3020 Pacific Ave | Pacific Heights

$16,500,000

$2,523/SQ. FT.

9 bed/5 bath

6,540 SQ. FT.

1266 Washington St | Nob Hill   $16,000,000   5 bed/5 bath

1266 Washington St | Nob Hill

$16,000,000

5 bed/5 bath

 

Top Five Sales: Condominiums / TIC’s / Coop’s

945 Green St #3 | Russian Hill   $11,000,000   $2,651/SQ. FT.  2 bed/3.5 bath  4,150 SQ. FT.

945 Green St #3 | Russian Hill

$11,000,000

$2,651/SQ. FT.

2 bed/3.5 bath

4,150 SQ. FT.

188 Minna St #38A | Yerba Buena   $10,900,000   $3,399/SQ. FT.  3 bed/3.5 bath  3,207 SQ. FT.

188 Minna St #38A | Yerba Buena

$10,900,000

$3,399/SQ. FT.

3 bed/3.5 bath

3,207 SQ. FT.

2121 Webster # PH7 | Pacific Heights   $8,501,000   $2,805/SQ. FT.  3 bed/3.5 bath  3,031 SQ. FT.

2121 Webster # PH7 | Pacific Heights

$8,501,000

$2,805/SQ. FT.

3 bed/3.5 bath

3,031 SQ. FT.

401 Harrison St #PH45B | South Beach   $7,300,000   $2,271/SQ. FT.  3 bed/3.5 bath  3,214 SQ. FT.

401 Harrison St #PH45B | South Beach

$7,300,000

$2,271/SQ. FT.

3 bed/3.5 bath

3,214 SQ. FT.

168 Sproule Ln | Nob Hill   $6,050,000   $1,877/SQ. FT.  3 bed/3.5 bath  3,224 SQ. FT.

168 Sproule Ln | Nob Hill

$6,050,000

$1,877/SQ. FT.

3 bed/3.5 bath

3,224 SQ. FT.