2021 SINGLE-FAMILY HOME REPORT
12.4% Increase in D5 (Central SF)
12% Single Family Home median sale price
22.3% Increase in D1 (Richmond District)
Not surprising, the single-family home market dominated the market when it comes to the greatest market gains. While impressive – and truly reflecting the value of a single-family home – District 1 (Northwest SF: Richmond, Sea Cliff, Lake, & Jordan Park) led the pack with an increase of more than 22% while D5 (Central SF: Noe Valley, Eureka Valley, Ashbury Heights, Duboce Park, Buena Vista Park) realized more than 12.4% increases. Single-family homes and condominiums with higher bedroom counts had the highest appreciation in sale price.
2021 CONDOMINIUM REPORT
-1.9% Decrease in the median sale price of Condominiums
7.2% Increase in Districts 5 & 6 (Central San Francisco)
-1.4% Average decrease in median sale price for areas with dense, high rise living
The median sale price of condominiums decreased by 1.9% citywide. However, underlying trends show dynamic neighborhood differences: Districts 5 & 6 (Central SF) showed an increase of more than 7%, while neighborhoods with a higher concentration of high rise condominiums showed an average decrease of -1.4%. This is a great improvement for high rise sales which took a near 20% drop in 2020.
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