Many factors affect home values: quality of location within the market area, architectural style and curb appeal, square footage, condition, views, amenities, extra rooms, parking, decks and yards, privacy, lot size, floor, and HOA services (for condos), and so on. There is often a wide or even vast variety of homes within market areas, especially larger areas. Statistics are generally broad generalities that typically “summarize” a wide variety of disparate data in the underlying individual transactions. Median and average values can be affected by a variety of factors unrelated to fair market value, and anomalous fluctuations are common, especially in smaller and/or very expensive markets over shorter time periods. Median sales prices may diverge from values calculated by average square footage and average price per square foot. Not all SF home sales report square footage. Some of the neighborhoods delineated had low or very low sales volumes during the period, which can impact the reliability of the statistics, and make them more prone to anomalous fluctuation. How these statistics apply to any particular property is unknown without a specific comparative market analysis. Speak to your Compass agent for further insight and analysis.
A San Francisco neighborhood map can be found following the tables in this report.
Interactive home price map online
* Per sales reported to MLS, 1/1/20 – 1/20/21. Not all sales are reported to MLS. Neighborhoods, as defined by the SF Association of Realtors, vary widely in the number of sales. Data from sources deemed reliable but may contain errors and subject to revision. All numbers are approximate.
San Francisco home prices are also mapped online »
Bay Area home prices mapped online »
Compass San Francisco Bay Area Reports »
It is impossible to know how median and average value statistics apply to any particular home without a specific comparative market analysis. Many factors affect sales prices besides neighborhood/ bedroom count: quality of location within the neighborhood, condition, size, architecture, views, amenities, parking, outdoor space, floor and HOA services (for condos) and so on.
These analyses were made in good faith with data from sources deemed reliable, but may contain errors and are subject to revision. It is not our intent to convince you of a particular position, but to attempt to provide straightforward data and analysis, so you can make your own informed decisions. Median and average statistics are enormous generalities: There are hundreds of different markets in San Francisco and the Bay Area, each with its own unique dynamics. Median prices and dollar per square foot values can be and often are affected by other factors besides changes in fair market value. Longer term trends are much more meaningful than short-term.
Compass is a real estate broker licensed by the State of California, DRE 01527235. Equal Housing Opportunity. This report has been prepared solely for information purposes. The information herein is based on or derived from information generally available to the public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy or completeness of the information. Compass disclaims any and all liability relating to this report, including without limitation any express or implied representations or warranties for statements contained in, and omissions from, the report. Nothing contained herein is intended to be or should be read as any regulatory, legal, tax, accounting or other advice and Compass does not provide such advice. All opinions are subject to change without notice. Compass makes no representation regarding the accuracy of any statements regarding any references to the laws, statutes or regulations of any state are those of the author(s). Past performance is no guarantee of future results.