Search homes for sale in San Francisco, CA, famous for its landmarks, neighborhoods, rich history and diverse culture.
San Francisco Real Estate Market Trends
As of February 2024, the median sale price for homes in San Francisco experienced a 4.2% increase from the previous year, reaching $1.4M. Homes in the city have been selling more quickly, with an average market time of 21 days, down from 30 days the prior year. Additionally, the number of homes sold in February rose to 323, up from 254 in the same month last year.
San Francisco's real estate market is moderately competitive. Properties are typically on the market for 33 days before being sold. It's common for some listings to receive multiple offers. On average, homes sell for approximately 3% over the asking price and tend to go under contract in about 33 days. The most sought-after homes, often referred to as "hot homes," may sell for around 9% above the listed price and can go pending in as few as 13 days.
Nationally, 3% of homebuyers are looking to move into San Francisco from different metropolitan areas. Among these, homebuyers from State College are showing the highest interest in relocating to San Francisco, followed by those from Durango and The Dalles. This trend indicates a notable attraction to San Francisco from these specific locations.
Embark on a journey through the heart of one of the most picturesque and dynamic cities in the world: San Francisco, California. From the majestic Golden Gate Bridge to the historic cable cars climbing Nob Hill, San Francisco is a city of postcard-perfect sights, innovative spirit, and diverse cultures.
San Francisco, officially the City and County of San Francisco, is a vibrant hub of commerce, culture, and finance in Northern California. With a population of approximately 808,437 as of 2022, it ranks as the fourth most populous city in California and the seventeenth in the United States. The city spans an area of 46.9 square miles at the tip of the San Francisco Peninsula and is notably the second-most densely populated large U.S. city, following New York City.
Famous for its iconic Golden Gate Bridge, historic cable cars, and picturesque Victorian houses, San Francisco offers a unique blend of natural beauty and urban sophistication. It's a city that's smaller in size but immense in its cultural and historical wealth, often celebrated for its trend-setting cuisine, from Michelin-starred restaurants to innovative food trucks, and a thriving arts scene encompassing symphony, ballet, theater, and opera. Outdoor enthusiasts will find almost endless adventures in the city's many parks and nearby natural areas.
San Francisco offers a wide range of activities and attractions that cater to every interest, from iconic landmarks and cultural experiences to outdoor adventures and culinary delights. Here are some must-do activities while in San Francisco:
San Francisco's dining scene is as diverse and vibrant as the city itself, offering everything from high-end dining experiences to cozy bistros and innovative pop-ups. Here's a taste of what you can expect:
Choosing San Francisco as your next home could offer a uniquely enriching lifestyle, celebrated for its diversity, innovation, and beauty. Here’s why living in the Bay Area could be a dream come true:
San Francisco's combination of innovation, natural beauty, cultural richness, and community spirit makes it an enticing choice for many looking to call a new city home. However, it's worth noting that the city's high cost of living and competitive housing market are considerations that prospective residents should take into account. Despite these challenges, many find that the city's benefits far outweigh the drawbacks, making it a truly special place to live
Thinking of calling San Francisco your home? Or have questions about the diverse and dynamic real estate market in the City by the Bay? Whether you're captivated by the charm of Victorian houses, the allure of modern downtown condos, or the tranquility of a beachfront property, we're here to help you navigate your journey to homeownership in this iconic city.
Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact us today.
