Mouse over the map to see neighborhood median prices.
Which neighborhood has the most expensive median home value in San Francisco? According to a new interactive map by Paragon Real Estate, which compiles sales prices of homes around the city over the past six months, it's Presidio Heights. The venerably leafy hood clocked in at a whopping $5.95 million for sales between March 1 and September 15. As for condos, Yerba Buena took the top spot for prices of two-bedrooms, at $2.075 million. To create the map, Paragon gathered six months of sales data to arrive at each neighborhood's median. In this case, all of the neighborhoods included had at least 10 home sales, and most had more than 20.
Neighborhoods with lots of new condo sales—think Potrero Hill, Duboce Triangle, Hayes Valley, and Mission Dolores—saw their median sales prices head upwards as big, pricey new buildings hit the market. Noe and Eureka valleys also saw strong bumps, with the median house price topping $2 million and the median condo price at $1.245 million. However, these trendy neighborhoods still couldn't knock old stalwarts like Presidio Heights, Pacific Heights (median house price: $4.75 million), Cow Hollow ($4.2 million), and Russian Hill ($3.625 million) out of the top spots.
Although the city's southern neighborhoods, from the Bayview to the Excelsior and Oceanview, remain the most affordable, with prices hovering in the $600-700K range over the six months studied, they also saw a big jump over the summer. As the rest of the area's prices stagnated for the summer lull, these neighborhoods continued to see a rise, according to Paragon. This reversal of the habitual summer slowdown was likely due to an influx of buyers who had been priced out of other areas in the city.
· San Francisco Neighborhood Home Values [Paragon Real Estate]
· Summer's Over! Will Home Prices Resume Their Dizzying Climb? [Curbed SF]