20
with realtor Kira Mead Take the Sale of Your Home from GOOD TO GREAT Modern Real Estate for a Modern San Francisco SALES & MARKET STATISTICS FOR YOUR NEIGHBORHOOD 201 4

Market Stats for 2014

Embed Size (px)

DESCRIPTION

Market stats for Noe Valley, Cole Valley, Mission Dolores, Glen Park, Duboce Triangle, the Castro, Haight Ashbury and more.

Citation preview

Page 1: Market Stats for 2014

with realtor Kira Mead

Ta k e t h e S a l e o f Yo u r H o m e f r o m

G O O D TO G R E AT

Modern Real Estate for a Modern San Francisco

S A L E S & M A R K E T S TAT I S T I C S F O R YO U R N E I G H B O R H O O D • 2014

Page 2: Market Stats for 2014

Every block is a short story, every hill a novel: LET US TELL THE STORY OF YOUR HOME.

2

Page 3: Market Stats for 2014

M O D E R N R E A L E S T A T E F O R A M O D E R N S A N F R A N C I S C O

Y O U R S U C C E S S I S O U R S U C C E S S

DEAR NEIGHBOR,

It is our pleasure to share with you our annual

review of the District 5 residential real estate

market, which is based on extensive personal

research for our clients. In the section for your

neighborhood, you'll find a detailed breakdown

and analysis of sales for both houses and condos.

We hope you find this information useful as we

move toward a stellar 2015. 

2014 was a great year for San Francisco real

estate, and 'District 5', in the heart of the city,

was no exception. The year was characterized

by incredibly low inventory and multiple, over

asking price offers on almost every property.

Prices also rose year over year in almost all

neighborhoods, most dramatically. 

In 2015, we expect to see more homes come

on the market, and if you've been thinking of

selling your home, now is the time to harness

the power of a thriving, high competition market.

Each property is unique and the place to start

is seeing your home and providing you with

an analysis for what your property could sell

for. Whatever your goal, we're here to help you

achieve it.

We look forward to helping you succeed in the San Francisco real estate market.

Warmly,

Kira Mead & the Modern SF Team

3

Page 4: Market Stats for 2014

What does it really mean to transform a space?

Take a look through our before and after photos to see what ‘creating a design-centric’

listing really means. Call or email us for more photos and the case studies of our approach

to these homes.

S T A G I N G & M A R K E T P R E P : B E F O R E & A F T E R

BEFORE AFTER

BEFORE AFTER

Page 5: Market Stats for 2014

BEFORE AFTER

BEFORE AFTER

EVERY PROPERTY IS DIFFERENT BUT THE GOAL IS THE SAME:

showcase what makes your home special, and present it in way

that allows buyers to make that key emotional connection.5

Page 6: Market Stats for 2014

O N - M A R K E T E X P O S U R E

CURBED.com • OUR HOME ON THEIR BLOGTRULIA

ZILLOWDEDICATED PROPERTY WEBSITE

Creating maximum exposure for your listing is vital to reaching the largest pool of qualified

buyers. From featuring our listings on Trulia, to Facebook ads that reach thousands of people

to our hyperlocal monthly magazine, we create a media blitz across all channels to ensure your

listing gets the attention it deserves.

We produce design-centric one-of-a-kind listings that command top dollar for our clients.

Page 7: Market Stats for 2014

INSTAGRAM

MONTHLY MAGAZINE FEATURE

FACEBOOK

bed 2bath 2bonus upper floor space

1222 Masonic AveSan Francisco CA 94117

CONDO IN HAIGHT ASHBURY

$1,094,000park 1 car

1222 masonic is the upper unit and spans two levels, featuring 2 bedrooms, 2 bathrooms, and a huge, special upper floor bonus space with a myriad of possible uses. The open living and dining room feature period molding, built-in shelving, modern lighting, and sliding doors opening to the private deck which lets in tons of light. The upper floor is very special, truly a wow space. Features include high ceilings, refinished parquet flooring, and new carpet as well as built-in shelving. Beamed ceilings and a decorative painted chimney add character to this gorgeous, sunny space and a private deck boasts views to downtown. This home is just a few houses away from bustling Haight Street, with a wide array of world-class boutiques, restaurants, and cafes. Blocks from the Golden Gate Park Panhandle as well as a short stroll to beautiful Buena Vista Park and charming Cole Valley, this home is perfectly situated for the ultimate urban lifestyle.

FEATURED

ON CURBED SF'S

10 MOST

BEAUTIFUL HOMES

TO HIT THE

MARKET!

N E X T U P :OUR REVIEW

OF DISTRICT 5

SEE HOW YOUR NEIGHBORHOOD

PERFORMED IN 2014

123456789

1011

Buena VistaClarendon HeightsCole ValleyCorona HeightsDuboce TriangleEureka ValleyGlen ParkHaight AshburyMission DoloresNoe ValleyTwin Peaks

1

2

3 45

6

7

8

9

10

11

Page 8: Market Stats for 2014

PRICE PER SQ FT

2014 STATS

NUMBER OF SALES

CONDOHOUSE SINGLE FAMILY

2012 20122013 20132014 2014

MEDIAN SALES PRICE INCREASE 2013–14

MEDIAN SALES PRICE

AVERAGE DAYS ON MARKET

AVERAGE % OVER ASKING PRICE

AVERAGE SALES PRICE

PRICE PER SQ FT

AVG % OVER ASKING PRICE

2 B E D

3 B E D3 B E D

4 B E D

2 B E DAVERAGE PRICE FOR A HOME IN 2014

We remember discovering BUENA VISTA and

ASHBURY HEIGHTS many years ago, when moving

to San Francisco. Buena Vista and Ashbury Heights have

some of the most beautiful, elegant architecture in the

city. With interesting views, quiet streets and within

strolling distance to Cole Valley and the Haight, these

homes are some of the most highly coveted, and

expensive, in San Francisco.

IN 2014, there were 17 sales of single family homes. The

median price for a house actually decreased by 9%, due

to 47% of homes being sold between $1.5–2.5M. However,

the price per square foot increased 13.5% to $1,062.

Impressively, 3 out of 12 of the most expensive sales in

District 5 were in Buena Vista/Ashbury Heights, with the

biggest sale in all of District 5 being the off market, all

cash sale of 737 Buena Vista Ave for $10 million dollars.

IN THE CONDO MARKET, the median price increased

25%, to $1,200,000, while price per square foot went up

11.4% to $944. On two very different ends of the spectrum,

the average price for 2 bedroom condos was $971,000,

with the majority of these sales being in Buena Vista, 7

of which were at 355 Buena Vista Ave. On the other hand,

the average price for a 3 bedroom was $1,543,000, with

most properties located in Ashbury Heights.

25

$ 776 38

1%

$ 2 235 000

$ 1 760 000

20

$ 74352

4%

$ 886 000

$ 695 000

19

$ 93646

3%

$ 2 604 000

$ 2 400 000

33

$ 84731

6%

$ 1 087 000

$ 960 000

17

$ 106230

5%

$ 3 007 000

$ 2 200 000

29

$ 94428

11%

$ 1 165 000

$ 1 200 000

$ 944

25%

11%

$ 971 000$ 1 543 000

$ 1062

-9%

5%

$ 1 692 000

$ 1 849 000$ 2 842 000

BUENA VISTA &ASHBURY HEIGHTS

ONLY 2 SALES

8

Page 9: Market Stats for 2014

PRICE PER SQ FT

2014 STATS

NUMBER OF SALES

CONDOHOUSE SINGLE FAMILY

2012 20122013 20132014 2014

MEDIAN SALES PRICE INCREASE 2013–14

MEDIAN SALES PRICE

AVERAGE DAYS ON MARKET

AVERAGE % OVER ASKING PRICE

AVERAGE SALES PRICE

PRICE PER SQ FT

AVG % OVER ASKING PRICE

2 B E D

3 B E D3 B E D

4 B E D

2 B E D AVERAGE PRICE FOR A HOME IN 2014

North of Twin Peaks and east of Mount Sutro,

CLARENDON HEIGHTS boasts incredible views

of both the Golden Gate and Bay Bridges, Clarendon

Heights is also home to a wide spectrum of architecture.

Many of the original dwellings still remain, giving the

area an eclectic feel.

2014 WAS A FUNKY YEAR for Clarendon Heights.

As usual, only a small number of homes were sold. Ten

to be exact. Reflecting the larger homes in this area,

there were no 2 bedroom houses, and only one condo.

THE MEDIAN PRICE for homes actually decreased

16%, due to 8 out of 10 homes in 2013 selling at over

$2.2M. Price per square foot also went down 7%, mainly

due to the sale of 5 out of 10 houses being over 3,200

sq ft. Still, 8 out of the 10 homes sold for over over $2

million dollars, with the highest sale being 226 Palo Alto

Avenue, at $3,955,000.

11

$ 676 75

–2%

$2 414 000

$ 2 570 000

4

$ 63659

6%

$ 854 000

$ 773 000

10

$ 87163

–3%

$ 3 126 000

$2 638 000

——

10

$ 81522

5%

$ 2 627 000

$ 2 500 000

1

$ 75225

–1%

$ 1 438 000

$ 1 438 000

$ 752

—-1%

—$ 1 438 000

$ 815

-5%

5%

$ 2 733 000$ 2 540 000

CLARENDON HEIGHTS

ONLY 1 SALE

NO SALES

NOT ENOUGH DATA

9

Page 10: Market Stats for 2014

PRICE PER SQ FT

2014 STATS

NUMBER OF SALES

CONDOHOUSE SINGLE FAMILY

2012 20122013 20132014 2014

MEDIAN SALES PRICE INCREASE 2013–14

MEDIAN SALES PRICE

AVERAGE DAYS ON MARKET

AVERAGE % OVER ASKING PRICE

AVERAGE SALES PRICE

PRICE PER SQ FT

AVG % OVER ASKING PRICE

2 B E D

3 B E D3 B E D

4 B E D

2 B E DAVERAGE PRICE FOR A HOME IN 2014

Awww, COLE VALLEY . This sweet little neighborhood

has an almost European feel, with its local businesses,

gracious streets and people strolling. Zazie doesn’t hurt

anything either. Those who love Cole Valley love Cole

Valley, and it continues to be a place that many people

search for their ‘forever’ homes. WIth its quiet streets but

proximity to the N Judah and UCSF, it’s a lovely mix of

quiet and cosmopolitan. Access to Tank Hill, Golden Gate

Park and Mt. Sutro are huge draws for cosmopolitan

nature lovers.

ITS TINY GEOGRAPHY showed itself in the sale of

21 houses and 27 condos in 2014, up 20% for houses and

down 33% for condos. The median price of houses rose

22% to $2,370,000, driven in large part by the sale of 58%

of houses over $2.25M. This higher sales price is also

reflected in the size of the homes sold. 9 of the 21

homes, or 42%, were 4 bedrooms or larger.

THE CONDO MARKET did not rise as much, though

still did well, with price per square foot rising 7.1% to a

respectable $871/sq ft. For one bedroom buyers, this

is a good place to get in the market, with 26% of homes

selling for $600–750,000. 48% of condos sold for $1–1.5M,

ranging from 1,208–1,867 square feet.

26

$ 854 43

3%

$ 1 848 000

$ 1 736 000

22

$ 68552

4%

$ 948 000

$ 883 000

17

$ 84929

9%

$ 2 082 000

$ 1 855 000

36

$ 81338

9%

$ 1 070 000

$ 1 078 000

21

$ 99526

6%

$ 2 268 000

$ 2 370 000

27

$ 87134

8%

$ 1 094 000

$ 1 115 000

$ 871

1.1%

8%

$ 959 000$ 1 322 000

$ 995

27.8%

6%

$ 1 547 000

$ 2 013 000$ 2 670 000

COLE VALLEY

10

Page 11: Market Stats for 2014

PRICE PER SQ FT

2014 STATS

NUMBER OF SALES

CONDOHOUSE SINGLE FAMILY

2012 20122013 20132014 2014

MEDIAN SALES PRICE INCREASE 2013–14

MEDIAN SALES PRICE

AVERAGE DAYS ON MARKET

AVERAGE % OVER ASKING PRICE

AVERAGE SALES PRICE

PRICE PER SQ FT

AVG % OVER ASKING PRICE

2 B E D

3 B E D3 B E D

4 B E D

2 B E D AVERAGE PRICE FOR A HOME IN 2014

Tiny, affluent CORONA HEIGHTS is described at ‘the

best kept secret in San Francisco’ by those who live here.

With its spectacular views, ample parking and beautiful

architecture, it’s a peaceful place to call home. Narrow,

quaint and winding streets lead to the bustling commercial

areas of Market and Castro streets. The architecture runs

the gamut from fine Victorians to modern masterpieces.

IN 2014, there were 15 houses and 22 condos sold.

The median price of a house increased a whopping

42.5% to $1,708,000. The average price per square foot

also increased 12.8% to $925. The highest sale was 10

Deming, a gorgeous contemporary view home which

sold at $3.3 million. The condo market was very diverse,

on both the higher and lower end of the spectrum.

PRICE PER SQUARE FOOT went up 18.9% to a very

respectable $917. The median price went up only 1%,

with 36% of condos selling under $700,000. This drove

down the average of a bedroom condo to $554,000.

On the higher end, 45% of condos sold for $1–1.5 million

and 86% of condos that sold were 2 bedrooms, with the

average sales price being $992,000.

22

$ 696 62

4%

$ 1 299 000

$ 1 218 000

37

$ 68140

3%

$ 950 000

$ 950 000

24

$ 82133

11%

$ 1 239 000

$ 1 105 000

28

$ 77137

11%

$ 1 028 000

$ 1 005 000

15

$ 92533

6%

$ 1 708 000

$ 1 575 000

22

$ 91734

10%

$ 1 109 000

$ 1 100 000

$ 917

1%

10%

$ 992 000$ 1 835 000

$ 925

42.5%

6%

$ 1 489 000

$ 1 656 000$ 2 253 000

CORONA HEIGHTS

11

Page 12: Market Stats for 2014

PRICE PER SQ FT

2014 STATS

NUMBER OF SALES

CONDOHOUSE SINGLE FAMILY

2012 20122013 20132014 2014

MEDIAN SALES PRICE INCREASE 2013–14

MEDIAN SALES PRICE

AVERAGE DAYS ON MARKET

AVERAGE % OVER ASKING PRICE

AVERAGE SALES PRICE

PRICE PER SQ FT

AVG % OVER ASKING PRICE

2 B E D

3 B E D3 B E D

4 B E D

2 B E DAVERAGE PRICE FOR A HOME IN 2014

DUBOCE TRIANGLE is one of the most loved (and

tiniest) neighborhoods in San Francisco, with its tree-lined

streets, beautiful architecture, central location, and access

to some of the city’s most vibrant commercial areas.

Nestled between Market and Church Streets and steps

to the Castro, Duboce Triangle has access to a wide

array of world-class boutiques, restaurants, and cafes.

Duboce Park is a favorite of dog lovers throughout

the city. With central Muni lines running through it, this

neighborhood is perfectly situated for the ultimate

urban lifestyle.

IN 2014, condos in Duboce Triangle can be divided into

two categories: ‘The Century’ (new construction building

at Market and Sanchez) and ‘Non-Century’. 20 units sold

at the Century, ranging from $978–$1,340/sq ft. Aside

from that, just 9 condos sold in Duboce Triangle. For these

more historic condos, the median sales price was $1.2

million and the average price per square foot was $909.

IN THE CONDO MARKET in general, 93% of sales

were of 2 bedroom properties, and just two 3 bedroom

condos sold in 2014. Price per square foot increased

29.4% overall, to $1,068/sq ft, though again this number

was largely affected by sales at the Century. There were

just 3 single family houses sold in 2014, ranging from

$2.3–2.8 million.

2

33

13%

$ 1 469 000

$ 1 469 000

12

$ 69433

9%

$ 905 000

$ 873 000

3

$ 97231

4%

$ 1 688 000

$ 1 650 000

12

$ 82545

16%

$ 1 090 000

$ 1 125 000

3

$ 98225

2%

$ 2 419 000

$ 2 308 000

29

$ 106814

6%

$ 1 083 000

$ 1 150 000

$ 1068

2.2%

6%

$ 1 068 000$ 1 280 000

$ 982

39.8%

2%

$ 2 204 000—

DUBOCE TRIANGLE

NOT AVAILABLE

ONLY 3 SALES

ONLY 2 SALESONLY 2 SALES

12

Page 13: Market Stats for 2014

PRICE PER SQ FT

2014 STATS

NUMBER OF SALES

CONDOHOUSE SINGLE FAMILY

2012 20122013 20132014 2014

MEDIAN SALES PRICE INCREASE 2013–14

MEDIAN SALES PRICE

AVERAGE DAYS ON MARKET

AVERAGE % OVER ASKING PRICE

AVERAGE SALES PRICE

PRICE PER SQ FT

AVG % OVER ASKING PRICE

2 B E D

3 B E D3 B E D

4 B E D

2 B E D AVERAGE PRICE FOR A HOME IN 2014

Encompassing serene Dolores Heights and the world

famous Castro, home to a proud history of gay rights

culture and known for its colorful residents, EUREKA

VALLEY is one of the favorite neighborhoods of locals.

Located super centrally, the hard-to-resist neighborhood

is full of narrow and curvy streets that are home to a

variety of properties, from sweet little condos tucked on

the hill to beautifully renovated homes with stellar views.

2014 WAS A FINE YEAR for Eureka Valley. There

were 45 single family house sales this year, with the

median increasing 30.7% to break the $2M mark at

$2,040,000. 64% of houses sold between $1.5–2.5 million

with the average price for a 3 bedroom home coming in

at $2.2M and the average for a 4 bedroom just pushing

$3M at $2,952,000.

ADDITIONALLY, 2 out of the 6 most expensive sales in

District 5 were in Eureka Valley, including the off market

all cash sale of 250 Cumberland for $6 million. In the condo

market, the median price rose 7.8% to $1,250,000, and

the price per square foot gained 12.1%, ending the year

at $971/sq ft, poised to break the $1,000/sq ft market in

2015. 50% of condos sold between $1–1.5 million.

75

$ 801 35

5%

$ 1 878 000

$ 1 545 000

50

$ 73247

4%

$ 1 022 000

$ 900 000

71

$ 98825

9%

$ 1 792 000

$ 1 560 000

66

$ 86627

12%

$ 1 219 000

$ 1 160 000

45

$ 104424

12%

$ 2 306 000

$ 2 040 000

67

$ 97128

15%

$ 1 269 000

$ 1 250 000

$ 971

7.8%

15%

$ 1 170 000$ 1 476 000

$ 1044

30.7%

12%

$ 1 645 000

$ 2 190 000$ 2 952 000

EUREKA VALLEY

13

Page 14: Market Stats for 2014

PRICE PER SQ FT

2014 STATS

NUMBER OF SALES

CONDOHOUSE SINGLE FAMILY

2012 20122013 20132014 2014

MEDIAN SALES PRICE INCREASE 2013–14

MEDIAN SALES PRICE

AVERAGE DAYS ON MARKET

AVERAGE % OVER ASKING PRICE

AVERAGE SALES PRICE

PRICE PER SQ FT

AVG % OVER ASKING PRICE

2 B E D

3 B E D3 B E D

4 B E D

2 B E DAVERAGE PRICE FOR A HOME IN 2014

GLEN PARK has long been considered a gem by the people

who live here. This little hamlet has a small town, community

feel to it that the residents who live here love. In the last few

years, as many buyers are looking for homes with close

proximity to BART and the Peninsula, Glen Park is quickly

becoming more and more choice. But all the things that

locals have known about remain: wild and green Glen Canyon

park, local shops, winding streets and neighbors who know

your name. We think Glen Park should continue to rise. As

Noe Valley, just to the North, has risen drastically, Glen Park is

directly affected. New, very high end houses on the border of

Noe Valley are being built and Glen Park has larger lots than

areas like Bernal, allowing many homeowners to expand.

IN 2014, there were 73 houses sold, more than most

of the closer in areas of the city. Reflecting Glen Park’s

diversity of housing stock, these sold from a little guy at

$699K all the way to a view home at $2.8M. 70% of houses

sold for between $1–1.75M. While the median price went

up 11% this year, modest for SF in 2014, the median price

from 2012–2014 has gone up 51%.

THE PRICE PER SQUARE FOOT of all houses was

$895, but interestingly, the average price per square

foot of a 2 bedroom house was $1,319/sq ft, while the

average price per square foot for a 3 bedroom was

$1,210. Just 16 condos sold, with the median price

increasing 17.2% to $985,000. 67% of all condos sold

were 2 bedrooms.

GLEN PARK

65

$ 663 44

8%

$ 1 063 000

$ 940 000

14

$ 61944

5%

$ 874 000

$ 794 000

69

$ 80330

12%

$ 1 332 000

$ 1 272 000

17

$ 72426

9%

$ 1 002 000

$ 840 000

73

$ 89524

16%

$ 1 492 000

$ 1 415 000

16

$ 76021

12%

$ 1 107 000

$ 985 000

$ 760

17.2%

12%

$ 911 000$ 1 298 000

$ 895

11.2%

16%

$ 1 209 000

$ 1 513 000$ 1 925 000

14

Page 15: Market Stats for 2014

PRICE PER SQ FT

2014 STATS

NUMBER OF SALES

CONDOHOUSE SINGLE FAMILY

2012 20122013 20132014 2014

MEDIAN SALES PRICE INCREASE 2013–14

MEDIAN SALES PRICE

AVERAGE DAYS ON MARKET

AVERAGE % OVER ASKING PRICE

AVERAGE SALES PRICE

PRICE PER SQ FT

AVG % OVER ASKING PRICE

2 B E D

3 B E D3 B E D

4 B E D

2 B E D AVERAGE PRICE FOR A HOME IN 2014

HAIGHT ASHBURY is one of the neighborhoods

most visitors think of when they conjure up visions of

San Francisco. The main drag is colorfully vibrant, with

vintage stores, local restaurants and groceries and an

eclectic blend of people. With the Panhandle, Golden

Gate and Buena Vista all within walking distance, the

Haight has some of the city’s best parks at its doorsteps.

Certainly not least, if you love classic architecture,

Haight Ashbury is a dream, with elegant and elaborate

Victorians gracing its streets.

IN 2014, just 5 houses sold in the Haight, similar to sales

over the last 3 years, making statistical predictions difficult.

While all properties are different, this is especially so in the

Haight, with sales of houses ranging from $1.1M–$3,825,000.

2 of these houses were large 6 bedrooms homes with

over 4,000 square feet. The condo market showed much

more diversity with 30 sales, almost the same as last year.

WHILE THE MEDIAN SALES PRICE rose by only 2.2%,

driven by 8 sales under 900K, the price per square foot

increased 16.7% to $861. 60% of condos sold for $1–1.75M.

The average sales price of a 2 bedroom condo was $967,000

with 19 sales, while the average price of a 3 bedroom

was significantly higher at $1,347,000, with 9 sales.

6

$ 645 41

3%

$ 1 812 000

$ 1 938 000

31

$ 63937

5%

$ 965 000

$ 955 000

5

$ 70740

8%

$ 2 325 000

$ 2 225 000

29

$ 73824

12%

$ 1 172 000

$ 1 110 000

5

$ 90818

7%

$ 2 392 000

$ 2 350 000

30

$ 86130

15%

$ 1 144 000

$ 1 124 000

$ 861

2.2%

5%

$ 967 000$ 1 347 000

$ 908

4.4%

7%

$ 1 100 000

$ 2 068 000—

HAIGHT ASHBURY

ONLY 1 SALE

ONLY 2 SALES

15

Page 16: Market Stats for 2014

PRICE PER SQ FT

2014 STATS

NUMBER OF SALES

CONDOHOUSE SINGLE FAMILY

2012 20122013 20132014 2014

MEDIAN SALES PRICE INCREASE 2013–14

MEDIAN SALES PRICE

AVERAGE DAYS ON MARKET

AVERAGE % OVER ASKING PRICE

AVERAGE SALES PRICE

PRICE PER SQ FT

AVG % OVER ASKING PRICE

2 B E D

3 B E D3 B E D

4 B E D

2 B E DAVERAGE PRICE FOR A HOME IN 2014

THESE SENTIMENTS aren’t totally reflected in the

numbers for 2014, perhaps because the Mission had

such a huge year last year. There were only four houses

sold in Mission Dolores last year, hardly enough to delve

into statistics. The highest sale was 41 Cumberland, at

$4,995,000. The average price per square foot for a

house was $978.

THE CONDO MARKET had much more diversity, with

42 sales. The median sales price actually went down

9.8% and the average price per square foot went down

1.1% This doesn’t seem as surprising when you look at

year over year gains. From 2012–2014, the median price

went up 50% to $1,105,000, while the price per square

foot went up 27.4%, ending 2014 at $914/sq ft. 79% of

condos sold in Mission Dolores were 2 bedrooms.

MISSION DOLORES

3

$ 811 12

28%

$ 1 225 000

$ 1 350 000

36

$ 71746

6%

$ 789 000

$ 738 000

5

$ 90114

20%

$ 1 821 000

$ 1 600 000

45

$ 92028

10%

$ 1 183 000

$ 1 225 000

4

$ 97832

10%

$ 2 466 000

$ 1 728 000

42

$ 91434

10%

$ 1 165 000

$ 1 105 000

$ 914

-9.8%

10%

$ 1 094 000$ 1 425 000

$ 978

8%

10%

$ 1 856 000

$ 1 505 000—

MISSION DOLORES continues to be one of the most

popular neighborhoods in San Francisco, and is in most

locals minds when they think of modern San Francisco

living. With its proximity to Dolores Park, its flat, strollable

streets and the unbelievable amount of restaurants, bars,

coffee shops and boutiques, it’s the epitome of urban

living. Many of our clients talk about wanting to be in the

center of where things are happening, and the Mission

tends to feel like just that.

ONLY 4 SALES

ONLY 1 SALE

ONLY 2 SALES

16

Page 17: Market Stats for 2014

PRICE PER SQ FT

2014 STATS

NUMBER OF SALES

CONDOHOUSE SINGLE FAMILY

2012 20122013 20132014 2014

MEDIAN SALES PRICE INCREASE 2013–14

MEDIAN SALES PRICE

AVERAGE DAYS ON MARKET

AVERAGE % OVER ASKING PRICE

AVERAGE SALES PRICE

PRICE PER SQ FT

AVG % OVER ASKING PRICE

2 B E D

3 B E D3 B E D

4 B E D

2 B E D AVERAGE PRICE FOR A HOME IN 2014

Coveted for its tree lined streets, jaw dropping views

and proximity to 24th and Church Streets as well as

its access to public transportation and the Peninsula,

NOE VALLEY continues to be one of the most coveted

neighborhoods in San Francisco. Known for its small

town, community feel, secret sauce of friendly people

and casual but elegant living, Noe Valley is at the top

of many people’s ‘dream neighborhood’ lists. It's also

quickly becoming the most interesting neighborhood

in SF for modern, architecturally significant houses.

THERE WERE 125 houses and 85 condos sold this year. In

2014, the average price per square foot for single family

homes crept above $1K, up 10.2% from 2013. The median price

for a house surpassed the $2M mark to land at $2,295,000.

Condos in Noe Valley also had a year of huge growth, with

the median sales price increasing 27.2% to $1,275,000 and

the price per square foot going up 16.9% to $941/sq ft. If

this trend continues at even half this growth, the average

price per square foot would be over $1,000/sq ft by 2016.

55% OF HOUSES SOLD in the $1.5–2.5M dollar range

while 69% of condos sold for between $1–1.75M. The

high end market for single family homes also took off this

year. In 2013, there were 10 home sales over $3 million,

which almost doubled this year to 19 and on the super

high end, there were 7 house sales between $4–7 million.

The most expensive condos were super stylish, free

standing properties sharing a lot with another home.

NOE VALLEY

147

$ 768 44

4%

$ 1 475 000

$ 1 400 000

104

$ 69939

5%

$ 1 001 000

$ 924 000

136

$ 92635

8%

$ 1 879 000

$ 1 700 000

91

$ 80533

11%

$ 1 059 000

$ 1 002 000

125

$ 102125

12%

$ 2 295 000

$ 2 040 000

85

$ 94126

15%

$ 1 266 000

$ 1 275 000

$ 941

27.2%

15%

$ 1 131 000$ 1 495 000

$ 1021

20%

12%

$ 1 456 000

$ 2 008 000$ 3 213 000

17

Page 18: Market Stats for 2014

PRICE PER SQ FT

2014 STATS

NUMBER OF SALES

CONDOHOUSE SINGLE FAMILY

2012 20122013 20132014 2014

MEDIAN SALES PRICE INCREASE 2013–14

MEDIAN SALES PRICE

AVERAGE DAYS ON MARKET

AVERAGE % OVER ASKING PRICE

AVERAGE SALES PRICE

PRICE PER SQ FT

AVG % OVER ASKING PRICE

2 B E D

3 B E D3 B E D

4 B E D

2 B E DAVERAGE PRICE FOR A HOME IN 2014

TWIN PEAKS , perched above the city, is enjoyed for

being a peaceful neighborhood with some of the very

best views in the city, access to downtown and both of

the popular Noe and Castro neighborhoods. The added

bonus is very strong legs.

IT IS COMPRISED OF mostly condos, with some lovely

single family homes, and continues to be one of the more

affordable, closer in areas to buy in the city, especially

in the 2 bedroom condo range, where the average was

$776,000. In 2014, there were just 5 houses and 20 condo

sales. The price per square foot of houses increased 21.4%

to $970, helped by a few smaller 1,000 sq ft homes selling

for about $1,200/sq ft.

60% OF HOUSES SOLD for $1.25–1.5M, with 812

Corbett selling considerably above other houses at $2.5M.

The median price of condos went up a whopping 30.2%,

to land at $879,000. Price per square foot also went up

13.8% to $734. The average price for a 3 bedroom condo

was $1,280,000 and an average of a very spacious 2,081

sq ft. 45% of condos that sold in 2014 were under $850,000.

TWIN PEAKS

6

$ 608 67

1%

$ 805 000

$ 829 000

24

$ 53683

0%

$ 818 000

$ 680 000

12

$ 79939

6%

$ 1 376 000

$ 1 400 000

31

$ 64570

4%

$ 679 000

$ 675 000

5

$ 97033

7%

$ 1 652 000

$ 1 400 000

20

$ 73430

5%

$ 969 000

$ 879 000

$ 734

30.2%

5%

$ 776 000$ 1 280 000

$ 970

0%

7%

$ 1 270 000

$ 1 497 000—

18

Page 19: Market Stats for 2014

Our clients expect nothing less than the best. We're on your side, helping you succeed.

Helping you get where you want to goWe understand that buying and selling property

is not only an important business decision, but

a life changing event. There is no one-size-fits-all

approach. We will listen to you, help you set

your goals and formulate a unique success

strategy to ensure you get the results you want.

We know these neighborhoods From the secret views to the hidden parks, from

small boutiques to neighborhood restaurants, we

know what makes living in this area of the city so

special. We work here because we love it here.

Producing Your ListingOur clients are busy people. We take ownership

of the selling process, crafting a personalized

strategy to showcase your property and highlight

the value your home deserves. Producing a

truly great listing involves many professionals,

and an exacting attention to detail. From staging

to exposure, all the way through escrow:

We've got it handled for you.

Premium listings deserve premium presentationWe treat every listing like what it is: your biggest

investment and the place you’ve called home.

With a background in design, an appreciation

for architecture and houses, we work with

professionals to present your home in a way

that allows potential buyers to make that

key emotional connection.

Real marketing is an art We produce listings that get attention and

websites that get exposure. From print materials

and event based marketing to a curated online

presence, we showcase your home through

various mediums and ensure your property

stands out from the crowd.

Negotiation and Market Knowledge But it's not just about how your property looks.

We continuously analyze the market to determine

the listing price that will attract the most suitable

buyers and will negotiate all offers for the best

price and terms. We actively manage the sale

during the escrow period, attending inspections,

keeping track of important deadlines, and making

sure your deal stays on track. You’ll have the full

support of a professional and well-experienced

team on your side every step of the way.

We love to win for our clients.

design: Candymuse.com

Page 20: Market Stats for 2014

CLIMB SF.COM251 Rhode Island #105 San Francisco CA 94103

Equal Housing Opportunity • If your property is now listed for sale this is not intended as a solicitation of the listing.

KIRA MEADREAL ESTATE AGENT

(415) [email protected]#: 01905944

Modern Real Estate SF.com