Local Market Updates
Median Sales Price of San Francisco vs Eureka Valley/Dolores Heights
Comparing the median sales prices between San Francisco and Dolores Heights reveals that, despite San Francisco’s higher prices due to its high demand, Dolores Heights offers a more affordable alternative. In 2023, the median home prices in San Francisco experienced a decrease of 6.7% compared to 2022, selling for a median price of $1.2 million. Conversely, Dolores Heights saw an increase in home prices by 11.3% compared to the previous year, with homes selling for a median price of $1.7 million.
Days on Market of San Francisco vs Eureka Valley/Dolores Heights
When comparing the average days houses remain on the market, San Francisco homes typically sell within 52 days, while houses in Dolores Heights have a shorter selling period, averaging 42 days. These variations can be attributed to factors such as market conditions and neighborhood desirability, with Dolores Heights likely experiencing higher demand and quicker turnover due to its appeal and location within the city.
Percent of Original Price of San Francisco vs Eureka Valley/Dolores 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.