The total population of Nob Hill is 12,651, where the median age is 41.8, and the average household income is $138,968 per year according to data provided the U.S Census Bureau.
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Living as a resident of Nob Hill places you in a quintessential urban lifestyle with unparalleled convenience. The walkable neighborhood boasts dining options, boutique shops, and essential services such as grocery stores and pharmacies, as well as establishments like Whole Foods and Trader Joe’s. Families with young children have access to Spring Valley Elementary or Redding Elementary. At the same time, older students can go to Marina Middle School and the prestigious Galileo Academy of Science and Technology.
Nob Hill is one of San Francisco’s most prestigious and historic neighborhoods, known for its elegant architecture, luxurious hotels, and commanding views of the city and the bay. Nob Hill has long been associated with wealth and sophistication, dating back to the days of the Gold Rush when it became home to some of San Francisco’s most affluent residents.
Nob Hill boasts a microclimate influenced by its proximity to the Pacific Ocean. The locals enjoy cool summers and relatively mild winters. Additionally, it experiences some fog and drizzle compared to other parts of San Francisco, allowing the residents to enjoy a comfortable climate.
Nob Hill, one of San Francisco’s historic downtown districts, has a storied past dating back to its origins as an enclave of luxury mansions and homes. However, the devastating 1906 earthquake reshaped the neighborhood, wiping its slate clean and prompting a rebuild. A century later, Nob Hill still retains its reputation for luxury and splendor. The neighborhood is adorned with luxury condos offering contemporary amenities, Queen Anne-style townhouses exuding old-world charm, and buildings adorned with elegant Art Deco finishes.
In 2023, San Francisco’s housing market experienced a decline of 6.7% in median home prices compared to the previous year, with properties selling for a median price of $1.2 million. Conversely, in February 2024, Nob Hill witnessed a notable increase of 18.4% in median home prices compared to the previous year, reaching a median price of $1.0 million. This data underscores the contrasting trends between the two areas, with Nob Hill offering a more budget-friendly alternative to San Francisco’s higher-priced market despite its limited space and fluctuating demand.
In San Francisco, homes typically sell within an average of 52 days, reflecting the brisk pace of the city’s real estate market. In contrast, properties in Nob Hill linger on the market for a more extended period, with houses selling within an average of 72 days. This discrepancy underscores the influence of neighborhood dynamics on selling periods, with Nob Hill exhibiting a slower turnover compared to the broader San Francisco area.
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.
Nob Hill’s Community Spirit and Lifestyle Treasures
Nob Hill is renowned for its friendly atmosphere. A welcoming community spirit and vibrant social scene characterize its inviting atmosphere. Residents greet each other with warmth and hospitality as they explore the gathering spot together. The residents often engage in lively conversations with neighbors, sharing a meal at one of the neighborhood’s renowned restaurants, contributing to a friendly ambiance that makes everyone feel right at home.
Nob Hill exudes a residential charm that epitomizes elegance and grandeur. Historic Victorian and Edwardian homes line the streets, showcasing intricate architectural details. Residents enjoy the prestige of residing in one of San Francisco’s most exclusive neighborhoods, where stately mansions and upscale apartment buildings exude sophistication. From the classic cable cars traversing the steep streets to the proximity to upscale boutiques and fine dining establishments, Nob Hill exudes an unparalleled aura of refinement and luxury, making it a coveted destination for those seeking a blend of historic charm and modern luxury in the heart of the city.
The neighborhood food scene in this area is renowned as some of the finest in the city. 398 Brasserie specializes in a fusion of European and American cuisine, while Liholiho Yacht Club serves up Asian and Hawaiian dishes alongside an impressive selection of cocktails, wine, beer, and sake. Del Popolo is renowned for its pizzas, while Pakwan Indian Restaurant offers authentic Indian flavors. Families seeking a casual yet delicious dining experience can head to Tratto, where they’ll find a family-friendly atmosphere.
Nob Hill is a hub of cultural and arts integration. The neighborhood’s iconic landmarks, such as the Cable Car Museum and the Fairmont Hotel, serve as focal points for artistic exploration. Residents can immerse themselves in the diverse array of galleries, theaters, and performance spaces.
Nob Hill is renowned for its vibrant community events, which bring residents together in celebration. Throughout the year, the neighborhood hosts a diverse array of gatherings, ranging from street fairs and block parties to cultural festivals and charity events. Residents and visitors alike eagerly anticipate events such as the Nob Hill Art Festival and the Nob Hill Food and Wine Festival.
Nob Hill prioritizes the safety and well-being of society, offering residents a secure and peaceful living environment. The visible presence of law enforcement contributes to its reputation as one of the city’s safest neighborhoods. Additionally, the proximity to healthcare facilities and necessary amenities heightens the area’s security measures.
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Ready to SELL or FIND your perfect Twin Peaks District Of San Francisco home?
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About Haley Zhao
As a local San Francisco realtor, I take great pride in helping residents sell their houses for the most money. I firmly believe in honesty and accessibility for all our clients.
With decades of accumulated local knowledge and proven marketing strategies I make sure you sell your house for the most money possible, while also providing a stress-free experience.
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Our team researches your property and the area’s home values to provide you with a free Home Value Report.
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Our real estate agents in San Francisco don’t only help you sell your house in the Bay Area. I can also help if you are looking to buy a property in San Francisco. Join the many highly satisfied homeowners who have worked with Haley Sells the City to sell their home or property quickly and for top dollar.
