San Francisco Market Update | Q1 2016

CUSTOM MODERN AND RARE LEED PLATINUM

Market Highlights

Throughout 2015, prices for single-family homes remained on the rise and that momentum carried over to the first quarter of 2016, according to the San Francisco Multiple Listing Service.

  • The average sales price for a single-family home in San Francisco climbed 7 percent, from $1,570,000 in Q1 2015 to $1,680,000 in Q1 2016.
  • The average sales price for condominiums remained relatively flat, going from $1,200,000 in Q1 2015, to $1,220,000 in Q1 2016.
  • Low inventory throughout the city played a factor as the number of single-family homes sold fell 18.5 percent, and condominiums saw a 7.4 percent decrease in total units sold.

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MODERN MISSION DOLORES OASIS

Mission District: Modern Mission Dolores Oasis

Tucked away on a serene block in the heart of Mission Dolores. Designed by renowned architect Stanley Saitowitz.

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ARCHITECTURE, NATURE, AND DESIGN

Pacific Heights: Architecture, Nature, and Design

Eco-Contemporary, approximately 1 block from San Francisco’s Gold Coast. Four bedrooms, four and a half baths, 2-plus car parking.

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EXCEPTIONAL EDWARDIAN HOME

Jordan Park: Exceptional Edwardian Home

Finely crafted, upgraded, 5-bedroom, 4 and a half bath exquisite. Edwardian, polished with quality and style.

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