San Francisco's most expensive neighborhood in 2014, based on median sale price, was Sea Cliff, according to figures compiled by real estate website PropertyShark. Altogether, just nine Sea Cliff sales over the year boasted a median sale price of $4.725 million. The neighborhood, which is filled with huge homes and incredible views, was more than $2 million ahead of its closest competitor, Clarendon Heights, which saw a median sale price of $2.45 million across 13 sales. Presidio Heights and Cow Hollow came in next, with medians of $2.337 and $2.1 million, respectively, and many more sales than the top two neighborhoods. Fifty homes sold in Presidio Heights during 2014 and seventy-two Cow Hollow properties found buyers. St. Francis Wood rounded out the top five.
Though Pacific Heights claimed the year's biggest sale, with $23.25 million going to 2520 Pacific, the neighborhood's greater number of lower-priced sales pulled its median down to the No. 13 spot, far below that of tiny, exclusive Sea Cliff.
In 2013, only two neighborhoods—Sea Cliff and Presidio Heights—cleared a median price of $1000 per square. That all changed in 2014, with 13 neighborhoods, from North Beach to Duboce Triangle, hitting a four-figure median per-square price. Sea Cliff was also San Francisco's most expensive neighborhood by square foot, with a median of $1,206, followed by Cow Hollow at $1,161 and Yerba Buena—which was only the city's 57th most expensive neighborhood by overall median price but came in third in price per square at $1,126.
At the other end of the market, the Tenderloin was the city's least expensive neighborhood. It had only four sales, with a median of $402,500. The southern neighborhoods of Hunters Point, Candlestick Point, Bayview, and Bayview Heights made up the rest of the least-expensive list. The least expensive neighborhood per square foot was Hunters Point, with a median of $322, but prices there were up 59 percent both overall and per square over 2013. That made it the biggest price gainer per square in the city and the second biggest gainer overall, topped only by Cow Hollow, where median sale prices were up 62 percent over 2013.
· PropertyShark [Official Site]
· Sea Cliff Mid-Century Sells for Jaw-Dropping $1.4M Over Asking [Curbed SF]
· Mapping the Top Ten Most Expensive Homes That Sold in 2014 [Curbed SF]
· University of Phoenix Founder Lists Pac Heights Home for $27M [Curbed SF]
· Bayview Booming: SF Home Appreciation by Neighborhood [Curbed SF]
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