We’ve been hearing a lot of talk lately about how the high-end of the real estate market is performing better than the overall market. But what about here in San Francisco? Some reports tout that the luxury market has remained relatively unscathed, while others say that there is a lag and it will soon be hit. We wanted to sample some neighborhoods around San Francisco so we could get a feel, not just for the high end of the market, but also for the middle and low ends.
Here’s what we did. The most expensive single family home to sell in 2008 (per the MLS) is in Pacific Heights. The least expensive single family home to sell in 2008 is in Bayview. The neighborhood with the highest number of median-priced sales (median is currently $835,004) was Central Sunset. These 3 neighborhoods are our three samples from around the city of the high, the middle, and the low end.
The results from our analysis?
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