Posts

Showing posts with the label News,home sales,real estate,Sunset District

San Francisco Sunset District Homes Sell in 18 Days

Image
Market Data Shows Strong Price Performance In a rapid two-week period, 18 home sales in San Francisco's Sunset District closed, with properties going from listing to close in a median of just 18 days. This quick transaction pace highlights intense buyer competition amid shifting neighborhood dynamics. Recent sale prices in the district ranged from $1,250,000 to $2,550,000, with the median sale price reaching $1.64 million. This represents a 2.5% increase from the previous year despite broader market volatility. The district's premium status is evident, with recent transactions averaging $1,079.80 per square foot. Some sales even reached up to $1,708.04 per square foot. Currently, there are 35 active listings and 17 pending sales, indicating more buyer demand than available inventory. The total pipeline includes 77 listings across various stages, showing constrained supply. Geographic differences are emerging within the Sunset area. While central Sunset saw price appreciation, t...