Local Market Updates
Median Sales Price of San Francisco vs Haight Ashbury
Comparing the median sales prices between San Francisco and Haight Ashbury, it’s evident that San Francisco typically commands higher prices due to its high demand, whereas Haight Ashbury offers a more budget-friendly alternative. In 2023, the median home price in San Francisco experienced a 6.7% decrease from the previous year, selling for $1.2 million. In contrast, Haight Ashbury’s median home price decreased by 44.5%, selling for $1.1 million. This indicates that while San Francisco’s housing market remained relatively strong despite the decrease, neighborhoods like Haight Ashbury present more affordable options for buyers seeking a budget-conscious investment.
Days on Market of San Francisco vs Haight Ashbury
When comparing the average days houses remain on the market in San Francisco to those in Haight Ashbury, it’s evident that homes in San Francisco typically sell faster. In San Francisco, houses sell within an average of 52 days, whereas in Haight Ashbury, houses sell within an average of 70 days. This discrepancy suggests that factors such as market conditions and neighborhood dynamics play a role in determining the selling periods, with San Francisco’s market generally experiencing quicker turnover compared to Haight Ashbury.
Percent of Original Price of San Francisco vs Haight Ashbury
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.