The assumption that if you are privileged enough to buy property in Pacific Heights then money is no issue is a fallacy. Not every home in the city’s priciest neighborhood is a whopper a la the mansions along Billionaires Row. Some abodes are simple condos going for well under a million. Others are Victorians comparable with asking prices comparable to the Mission.
The current average price in Pacific Heights is $1,259 per square foot. However, the individual properties that make up that average range considerably, anywhere from $608/square foot (over at 2341 Franklin) to $4,207/square foot (2121 Webster, penthouse 5).
“We are analyzing the neighborhoods of San Francisco using price per square foot as well as the range of prices per square foot," said NeighborhoodX founder Constantine Valhouli. "When people only see a single number as an average price for an area, it is easy to assume that there is not much variation in pricing across the neighborhood. With Pacific Heights, nothing could be further from the truth."
Care of research and analytics outfit NeighborhoodX, here’s a handy chart to help spell it out.
- San Francisco’s most expensive neighborhood is Pacific Heights [Curbed SF]
- Pacific Heights [Curbed SF]