Search homes for sale in Nob Hill, known for its luxurious hotels, mansions, and houses.
Nob Hill, CA Real Estate Overview
In September 2024, home prices in Nob Hill experienced a modest increase, rising 3.9% year-over-year to a median price of $1.2 million. This growth suggests steady demand within the market, though not at the pace seen in some other high-demand areas. Homes are taking longer to sell, averaging 105 days on the market compared to 83 days last year, which could reflect increased inventory or buyers exercising more selectivity. Despite this longer market time, the number of homes sold rose to 31, up from 25 last year, indicating that interest in Nob Hill remains strong. This combination of gradually rising prices and stable sales volume shows a balanced market, appealing to both buyers and investors seeking properties in this desirable San Francisco neighborhood.
Nob Hill is currently a less competitive market, with homes typically selling in about 103.5 days. Multiple offers are infrequent, and, on average, properties sell for around 4% below the list price, going pending in approximately 104 days. Even "hot" homes—those with desirable features or prime locations—sell closer to the list price and go pending within 53 days. This slower pace offers buyers the opportunity to thoroughly explore options without facing intense bidding wars, making Nob Hill an attractive choice for those seeking a sophisticated San Francisco lifestyle with more room to negotiate.
Buying or selling a home in Nob Hill offers a unique opportunity to engage with one of San Francisco's most historic and prestigious neighborhoods. Known for its classic architecture, sweeping city views, and proximity to renowned dining, shopping, and cultural landmarks, Nob Hill provides an elegant urban lifestyle with a strong sense of community. Buyers are drawn to the area’s timeless appeal and central location, while sellers can benefit from the steady demand and interest from those looking for a refined, iconic San Francisco experience. Whether you're entering or exiting the market, Nob Hill’s enduring charm and prime location make it a valuable choice.
Whether you’re considering a move to Nob Hill or just have questions about the neighborhood and current market trends, our team is here to help. With deep knowledge of Nob Hill's unique character and housing options, we can provide valuable insights, answer your questions, and guide you in finding the perfect property. Reach out today, and let us assist you in experiencing the charm and elegance that makes Nob Hill a beloved San Francisco neighborhood.
Discover the timeless allure of Nob Hill with our in-depth neighborhood guide! From iconic landmarks and upscale dining to its rich history and vibrant culture, Nob Hill offers a distinctive San Francisco experience. Whether you’re thinking of relocating or simply curious about the area, our guide provides everything you need to explore this elegant neighborhood. Start browsing today and see why Nob Hill might be the perfect place to call home!
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