Hi Gang!
Check out the latest analysis from our team at Paragon Real Estate about the San Francisco Market and it’s trends..
The San Francisco Luxury Home Market
Cooler, but Surprisingly Resilient in 2016
February 2017 Survey including 18 custom charts
In this report, various price thresholds will be used for the luxury home designation, depending on when the chart was first created, if different property types are being combined, or simply to look at the high-end market from slightly different angles. If the luxury segment is defined by the top 10% of sales, then the threshold in San Francisco for houses was approximately $3 million in 2016, and for condos, between $1.85 and $1.9 million. However, due to the essential relation of location to value, $3 million might buy you a large, gracious, pristine house in one neighborhood, and an uninhabitable fixer-upper in another. As always in real estate, the devil is in the details.
Read on in the attached report…
The San Francisco Luxury Home Market Cooler, but Surprisingly Resilient in 2016
Enjoy!!!
