Local Market Updates
Median Sales Price of San Francisco vs Buena Vista Park/ Ashbury Heights
When comparing the median sales prices between San Francisco and Buena Vista Park, it becomes evident that Buena Vista Park offers a more affordable alternative despite being part of the larger city. San Francisco’s median home prices were down by 6.7% in 2023 compared to 2022, selling for a median price of $1.2 million. In contrast, Buena Vista Park experienced a more significant decrease, with home prices down by 10.2% compared to the previous year, selling for a median price of $1.4 million. Despite both areas experiencing declines in home prices, San Francisco maintains higher prices due to its high demand, making Buena Vista Park a relatively more budget-friendly option for homebuyers.
Days on Market of San Francisco vs Buena Vista Park/ Ashbury Heights
When considering San Francisco’s housing market, homes typically sell within an average of 52 days, showcasing the city’s robust demand and competitive atmosphere. In contrast, properties in Buena Vista Park tend to remain on the market for an average of 90 days, reflecting a slightly longer selling period influenced by factors such as neighborhood dynamics and buyer preferences.
Percent of Original Price of San Francisco vs Buena Vista Park/ Ashbury Heights
The “Percent of Original Price” is a metric calculated by dividing the final sale price of a property by its most recent listing price.
In general, factors such as high demand, limited housing supply, and the desirability of a neighborhood can influence whether properties sell below or above their most recent listing listing price.