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The High-Low Report: San Francisco's 2024 Most Notable Sales by District

Katie Funk Moss  |  December 19, 2024

Real Estate

The High-Low Report: San Francisco's 2024 Most Notable Sales by District

The High-Low Report: San Francisco's 2024 Most Notable Sales by District

Ever wonder about the highest and lowest property sales in each San Francisco district? Step away from those median price reports – we're exploring a city where $70 million mansions and $213,000 studios coexist in perfect San Francisco harmony. Today we're throwing caution to the wind and diving into the juicy extremes of San Francisco's property market, where a staggering $69.8 million price gap separates our highest and lowest sales. Let's peek behind the curtain at San Francisco's most dramatic price tags.

District 1 | Richmond, Jordan Park/Laurel Heights, Lake Street, Sea Cliff, Lone Mountain

High: $26,000,000 in Sea Cliff

Low: $369,000 in Central Richmond

Sea Cliff doesn't disappoint with a stunning $26 million estate sale, proving that oceanfront living in San Francisco comes at a premium that would make even tech billionaires pause. This sale represents the third-highest transaction in our analysis, trailing only Pacific Heights' record-breakers, and demonstrates how micro-neighborhoods within districts can command vastly different prices.

Over in Central Richmond, a more modest condo changed hands for $369,000, showing that (relatively) attainable housing still exists in this northwestern district. Interestingly, this "low" is actually higher than several other districts' bottom prices, suggesting the Richmond maintains stronger property values even at its entry point.

District 2 | Sunset, Parkside, Golden Gate Heights

High: $5,550,000 in Golden Gate Heights 

Low: $213,389 in Outer Sunset

Golden Gate Heights reached for the sky with a $5.55 million sale, defying the fog to establish a new high for the district. This sale showcases the emerging luxury market in the historically middle-class Sunset, with a price point now rivaling traditional luxury areas like Hayes Valley and St. Francis Wood.

Down at La Playa, an Outer Sunset condo went for $213,389. Remarkably, this price point is within dollars of the lowest sales in Districts 4 and 9, suggesting a curious alignment in entry-level condo pricing across vastly different neighborhoods - from oceanside to downtown.

District 3 | Lake Shore, Merced, Pine Lake Park, Stonestown, Lakeside, Ingleside, Ingleside Heights, Oceanview

High: $2,975,000 in Lakeside 

Low: $385,000 in Ingleside Heights

The Lake Side area flaunted a 3,503-square-foot residence at $2.975 million, calculating to a solid $849 per square foot for luxury living. This represents one of the lower price-per-square-foot ratios among the district highs, suggesting luxury buyers might find relative value here compared to other high-end areas.

Over in Ingleside Heights, a 492-square-foot condo traded for $385,000 ($783 per square foot). Despite being the district's lowest sale, its price per square foot approaches that of the luxury sale, showing how smaller units in this district can maintain relatively strong values even at lower total prices.

District 4 | St. Francis Wood, Monterey Heights, Forest Hill, Miraloma Park,  Balboa Terrace, Diamond Heights, Forest Knolls, Ingleside Terrace, Midtown Terrace, Sherwood Forest, Mount Davidson Manor, Westwood Highlands, Westwood Park, Sunnyside, West Portal

High: $5,705,000 in Saint Francis Wood 

Low: $213,002 in Diamond Heights

Saint Francis Wood showcased its prestige with a $5.7 million five-bedroom home spanning 3,585 square feet ($1,592 per square foot). This sales price shows remarkable alignment with District 2's high, suggesting a consistent luxury price ceiling across the western neighborhoods.

Meanwhile, in Diamond Heights, a compact 409-square-foot studio found its match at $213,002 ($521 per square foot). The price per square foot here is notably lower than similar-sized units in more central districts, hinting at potential value opportunities for small space buyers willing to venture beyond downtown.

District 5 | Noe Valley, Glen Park, Haight Ashbury, Twin Peaks, Cole Valley, Buena Vista, Corona Heights, Clarendon Heights, Duboce, Eureka Valley, Mission Dolores

High: $7,200,000 in Noe Valley 

Low: $316,000 in Mission Dolores

Noe Valley flexed its real estate muscles with a 4,800-square-foot residence commanding $7.2 million ($1,500 per square foot). Despite being nearly three times smaller than the Pacific Heights mansion, this property's price per square foot suggests Noe Valley's continuing appeal to luxury buyers seeking more contemporary homes.

In Mission Dolores, a 703-square-foot TIC unit went for $316,000 ($449 per square foot). As the only TIC (Tenancy In Common) in our analysis, this property type explains the lower price point in an otherwise expensive area, highlighting how property type can dramatically impact price in the same location.

District 6 | Hayes Valley, Lower Pac Heights, Western Addition, Alamo Square, NOPA, Anza Vista

High: $4,995,000 in Hayes Valley 

Low: $299,000 in Civic Center

Hayes Valley brought its A-game with a 3,317-square-foot beauty selling for nearly $5 million ($1,506 per square foot). The price per square foot here almost exactly matches District 4's high, suggesting a consistent luxury threshold across different central districts.

Over by Civic Center, a 506-square-foot condo traded for $299,000 ($591 per square foot). Despite being the district's lowest sale, its price per square foot is actually higher than some larger properties' ratios, demonstrating how smaller units often command premium rates even at lower total prices.

District 7 | Marina, Pac Heights, Presidio Heights, Cow Hollow

High: $70,000,000 in Pacific Heights 

Low: $400,000 in Pac Heights

The crown jewel of 2024 (so far) is the 17,286-square-foot Broadway mansion, commanding an other-worldly $70 million ($4,050 per square foot). This sale not only tops our list but also demonstrates how Pacific Heights operates in an entirely different market segment, with its high being nearly three times the next highest sale.

Down on Van Ness Avenue, a 558-square-foot condo sold for $400,000 ($717 per square foot). Surprisingly, this district's "low" is the highest bottom price of any district besides District 10, showing how Pacific Heights maintains premium pricing even at its entry point.

District 8 | Nob Hill, North Beach, Russian Hill, Telegraph Hill, Civic Center, North Waterfront, Downtown, FiDi, Tenderloin

High: $22,100,000 in Russian Hill 

Low: $289,000 in Civic Center

History meets luxury at 825 Francisco Street – San Francisco's oldest surviving residential property (1849) – which sold for $22.1 million. At $2,618 per square foot for its 8,440 square feet, this historic property commands a premium that's 35% higher than newer luxury homes in nearby districts, proving that age can be a valuable asset.

Near Van Ness, a cozy 254-square-foot studio went for $289,000 ($1,137 per square foot). Despite being one of our lowest total prices, this tiny unit's price per square foot is actually higher than some of the district's luxury properties, showcasing San Francisco's remarkable micro-unit market.

District 9 | Bernal Heights, Inner Mission, Mission Bay, Potrero Hill, SOMA, South Beach, Dogpatch, Yerba Buena, Treasure Island

High: $9,250,000 in South Beach 

Low: $213,003 in Yerba Buena

One Steuart Lane flexed its luxury muscles with a $9.25 million condo sale, offering those coveted waterfront views. This represents the highest condo sale in our analysis, suggesting a ceiling for vertical luxury living that's still well below single-family home prices.

In Yerba Buena, a compact 229-square-foot studio traded for $213,003 ($930 per square foot). This represents the smallest unit in our analysis, yet its price per square foot rivals luxury properties, demonstrating how location can trump size in determining value.

District 10 | Bayview, Crocker Amazon, Excelsior, Outer Mission, Visitacion Valley, Portola, Silver Terrace, Mission Terrace, Hunters Point, Bayview Heights, Candlestick Point, Little Hollywood

High: $2,230,000 in Excelsior 

Low: $216,000 in Bayview

Here's where things get interesting: an Excelsior home spanning 3,120 square feet sold for $2.23 million ($715 per square foot). What's remarkable is that this district's "high" is actually lower than many other districts' mid-range sales, showing how neighborhood boundaries can still impact price ceilings.

The district's affordability shows through with a Bayview condo at $216,000 for 712 square feet ($303 per square foot), representing one of the lowest price-per-square-foot ratios in our analysis. This stark contrast within District 10 demonstrates how even within traditionally more affordable areas, luxury development and traditional housing can coexist at very different price points.

The Bottom Line (If You're Still Counting)

These sales – spanning from $70 million to $213,000 – paint a vivid picture of San Francisco's famous (or infamous) real estate market. While most transactions fall somewhere between these jaw-dropping extremes, it's these outer edges that remind us just how unique our city's property landscape truly is. Whether you're house-hunting with a tech mogul's budget or searching for that elusive sub-$500K starter home, San Francisco's market has room for every story. 

Note: The data presented reflects sales reported through the Multiple Listing Service (MLS) and select publicized off-market transactions. This analysis may not include off-market sales due to their private nature and limited public accessibility. The Pacific Heights $70M sale is included as it was widely reported in public records and media outlets.

 


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