These are the SF neighborhoods where 2018 prices went up and down the most


  • 1bade 920x920 These are the SF neighborhoods where 2018 prices went up and down the most

    Lone Mountain’s median went up over 50% this year. This home sold for $1.675K in September after listing in August for $1.495K

    Lone Mountain’s median went up over 50% this year. This home sold for $1.675K in September after listing in August for $1.495K


    Photo: Redfin/MLS

  •  These are the SF neighborhoods where 2018 prices went up and down the most

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Lone Mountain’s median went up over 50% this year. This home sold for $1.675K in September after listing in August for $1.495K

Lone Mountain’s median went up over 50% this year. This home sold for $1.675K in September after listing in August for $1.495K



Photo: Redfin/MLS


Which neighborhood experienced the highest gain in year-over-year median sales price (over 50 percent!) and which neighborhood experienced the biggest decline? These 2018 real estate figures might surprise you.

Mixed results


Traditional wisdom says the lower-priced neighborhoods have the most room to grow. But San Francisco real estate regularly thumbs its nose at tradition. 2018 was no different.

Among the top 10 areas for year-over-year appreciation, we see both formerly less expensive neighborhoods and neighborhoods that have always been expensive.

For an example of the latter, take Presidio Heights. Here we see a location that was one of the city’s priciest sales in 2017, when the median sale price was $3.610 million. Yet based on 40 transactions, Presidio Heights prices grew almost 25 percent year-over-year, landing at a median of $4.5 million.


Pricey performance 

Neighborhoods with “heights” or “wood” in them are among S.F.’s most expensive, having established themselves early in the city’s history as wealthy enclaves.

Some of these traditionally pricey neighborhoods like Presidio Heights (up 24.58 percent), Sea Cliff (up 11.11 percent) and St. Francis Wood (up 3.81 percent) all gained in sales price.

Meanwhile, Pacific Heights, despite hosting the most expensive sale of the year (2920 Broadway closed in October for $39 million), posted a decline in price — down 7.9 percent from 2017.

Clarendon Heights is also down, 14.48 percent. This is the steepest drop of any neighborhood on the list.

The biggest positive gain, year-over-year

Lone Mountain is 2018′s biggest winner in terms of appreciation. It demonstrates that sometimes a less pricey neighborhood will experience more dramatic growth since there’s room to grow in the first place. In 2017, Lone Mountain recorded a median sale of $1.385 million. In 2018, based on 16 transactions, that median increased an eye-popping 57.40 percent.

Now the median for Lone Mountain sits at $2.18 million.

Mt. Davidson Manor and Ingleside Terrace also gained considerable appreciation: 27.23 percent and 25.36 percent, respectively.

The gallery above offers more in-depth infographics from the PropertyShark study used to compose this article, as well as a few of the homes sold in SF’s most (and least) appreciated neighborhoods for 2018.


What’s on tap for 2019? Now’s the time to make your predictions. With San Francisco, anything goes.

Anna Marie Erwert writes from both the renter and new buyer perspective, having (finally) achieved both statuses. She focuses on national real estate trends, specializing in the San Francisco Bay Area and Pacific Northwest. Follow Anna on Twitter: @AnnaMarieErwert


Article source: https://www.sfgate.com/realestate/article/San-Francisco-real-estate-2018-biggest-gains-13475071.php

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