The September Luxury San Francisco Report
I’m excited to bring you the latest updates on San Francisco’s luxury real estate market. As always, my goal is to keep you informed with key trends and insights shaping the high-end market this month. Let’s dive into the most important takeaways for buyers and sellers.
San Francisco Luxury Home Market
Luxury homes priced at $4 million and above continue to perform strongly. District 7 (Pacific Heights, Presidio Heights, Marina) leads with 97 sales in the last 12 months, 15 of which were over $10 million. District 5 (Noe Valley, Eureka Valley) follows with 48 sales, reflecting a steady demand for family-friendly homes in these popular neighborhoods.
Other areas like Sea Cliff and Richmond District are also seeing consistent activity. Whether you’re buying or selling, the demand for luxury properties in prime areas remains high.
San Francisco Luxury Condo & Co-Op Market Growth
The luxury condo and co-op market is also on the rise, with notable sales in District 7 (61 sales) and South Beach/Mission Bay (35 sales). Condos priced at $2.5 million and above are increasingly popular, especially in newer developments across SoMa and Yerba Buena.
San Francisco Year-Over-Year Sales Increase
Luxury home sales are up 58% year-to-date for homes priced over $5 million, and condo sales priced at $2.5 million+ have risen 38% compared to last year. This impressive growth reflects ongoing buyer interest in San Francisco’s high-end market.
Looking Ahead
As we head into fall, expect the luxury market to stay strong, with a possible uptick in activity before year-end. If you’re considering making a move, now is a great time to take advantage of this dynamic market.
Feel free to reach out for any questions or insights—I’m here to help you navigate San Francisco’s luxury real estate scene.
