Potrero Hill has a total population of 15,000, a median age of 36, and an average annual household income of $196,764 per year according to data provided the U.S Census Bureau.
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Mission Bay is located near Oracle Park, and Chase Center offers residents access to entertainment and shopping spots with local shops, restaurants, bars, luxury boutiques, etc. Moreover, Mission Bay is home to necessary amenities that are easily accessible, making the locals’ lives convenient.
Potrero Hill radiates small-town charm, where the locals are familiar with each other and a sense of community is witnessed. The thriving local businesses, such as cafes, boutique shops, restaurants, and recreational spots like Esprit Park, allow the residents to come together and contribute more to this vibe. With the city and bay views, this area feels like a tranquil enclave.
Potrero Hill enjoys a pleasant microclimate shaped by its geography and proximity to the bay. The neighborhood typically experiences mild and temperate weather throughout the year, with relatively stable temperatures and lower levels of fog compared to other parts of the city, which contribute to its reputation as a desirable residential enclave within San Francisco.
In Potrero, housing options cater to a diverse range of residents, from single commuters to growing families. The neighborhood boasts a charming mix of colorful row homes, historical detached houses, and a plethora of new condos and apartments. Among the sought-after properties are spacious three-bedroom single-family homes, providing ample space and comfort for families looking to settle in the area.
In 2023, San Francisco experienced a 6.7% decrease in median home prices compared to 2022, with properties selling for a median price of $1.2 million. Conversely, in February 2024, Potrero Hill witnessed a 10.2% increase in median home prices compared to the previous year, reaching a median price of $1.3 million. This data highlights Potrero Hill’s position as a more affordable alternative to San Francisco, offering a budget-friendly option for homebuyers. Despite the fluctuating market conditions and limited space, Potrero Hill stands out as a viable choice with fair median sales prices, contrasting with the higher prices driven by high demand in San Francisco.
In San Francisco, homes typically sell within an average of 52 days, reflecting the dynamic nature of the city’s real estate market. However, in Potrero Hill, houses boast a notably shorter selling period, with properties typically finding buyers within just 34 days. These variations underscore the influence of different market conditions and neighborhood dynamics on the duration properties remain available before being sold, with Potrero Hill’s swift turnover suggesting strong demand and favorable conditions for sellers in the 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.
Potrero Hill‘s Community Spirit and Lifestyle Treasures
Potrero Hill exudes a welcoming atmosphere, drawing residents with its vibrant community spirit. Whether enjoying a stroll through the streets or gathering at local cafes and parks, residents engage in friendly interactions. From neighborhood block parties to volunteer initiatives, Potrero Hill exemplifies a community where people come together to support one another and celebrate.
Potrero Hill, with its diverse architecture ranging from historic Victorians to modern condominiums, showcases residential charm. Nestled along the hill’s slopes are rows of colorful homes, many of which offer stunning views of the city skyline or the Bay.
In Potrero Hill, residents have a plethora of dining options to explore. El Sur Empanadas offers a taste of South American flavors, while Thee Parkside is a go-to spot for casual dining and live music. For sports enthusiasts, Connecticut Yankee is a beloved old-school sports bar serving affordable comfort food. If you’re in the mood for Japanese cuisine, head to Live Sushi Bar to enjoy the freshest and highest quality seafood for diners to enjoy.
Potrero Hill boasts a vibrant cultural and arts scene. Potrero Hill is home to a community of artists, creatives, and cultural institutions that create an atmosphere of expression and innovation. Residents and visitors alike can explore a wealth of galleries, studios, and performance spaces showcasing the work of local artists and performers.
Potrero Hill thrives on community events that bring residents together in celebration. Throughout the year, the neighborhood hosts gatherings, from lively street fairs to cultural festivals and local markets. Residents eagerly anticipate events like the annual Potrero Hill Festival, where they can enjoy live music, artisanal crafts, and delicious food from local vendors.
Potrero Hill is renowned for its commitment to safety and well-being. The neighborhood has active community engagement and robust neighborhood watch programs to ensure vigilant oversight and rapid response to any concerns. Additionally, access to quality healthcare facilities and emergency services further enhances the overall sense of well-being.
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Ready to SELL or FIND your perfect Mission/Bernal Heights 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.
Testimonials
Hear from real clients who reached their goals with the help of Haley Zhao at Haley Sells the City:
Our team researches your property and the area’s home values to provide you with a free Home Value Report.
We recommend a target “sale price” and provide you with a plan to sell that will give you the most money possible, while also selling within your timeframe.
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From listing to “Sold!”, we take care of the details so that you can live your life.
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.
