Page 1
All data within this document is pulled from the San Francisco MLS.
San Francisco Market UpdateFourth Quarter 2015
SAN FRANCISCO BROKERAGE
117 Greenwich Street
San Francisco, CA 94111
t. 415.901.1700
sothebyshomes.com
San Francisco, CA | web: 0087687
Page 2
Source: SFARMLS - October 1-December 31 each year.
2011 2012 2013 2014 2015
SAN FRANCISCO (TOTAL) 665 736 679 654 619
DISTRICT 1 48 62 57 61 42
DISTRICT 4 84 110 92 94 104
DISTRICT 5 92 107 92 93 81
DISTRICT 6 7 19 13 15 10
DISTRICTS 7 AND 8 38 57 45 43 31
DISTRICT 9 58 51 69 66 73
A MESSAGE FROM: JEFFREY G. GIBSONSenior Vice President and Brokerage ManagerAs 2015 came to a close, the San Francisco real estate market continued to follow the same themes as the rest of year in the fourth quarter of 2015, according to the San Francisco Multiple Listing Service. The first three quarters of 2015 were marked by a dwindling inventory and a rise in average sales price. That trend marched on throughout the city in Q4 2015, as demand continued to far outpace supply.
Five years ago, the average price-per-square-foot for a SF single-family home in Q4 2011 was $488. Compare that to Q4 2015, where the average has almost doubled at $828 per-square-foot. The average price-per-square-foot for a SF condominium has also grown significantly, with the average at $591 per-square-foot in Q4 2011 to $1,006 per-square-foot in Q4 2015.
When comparing the average sales price year over year, prices again soared, according to the San Francisco Multiple Listing Service. Condominiums saw the average sales price grow 11 percent, from $1,110,360 in Q4 2014 to $1,232,400 in Q4 2015. The average sales price for a single-family home also climbed from $1,534,800 in Q4 2014 to $1,619,900 in Q4 2015, a 5.5 percent increase. Inventory was sparse throughout the City, causing the total sales of single-family homes and condominiums to fall from the prior year. A total of 619 single-family homes were sold in Q4 2015, a 5.4 percent decrease from the 654 units sold in Q4 2014. The total sales of condominiums also decreased 2.3 percent, falling from 742 units sold in Q4 2014 to 725 units sold in Q4 2015.
Q4 TOTAL CLOSED SALES (SINGLE FAMILY HOMES)
Q4 TOTAL CLOSED SALES (CONDOS)
Jeffrey G. Gibson
Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc.
2011 2012 2013 2014 2015
SAN FRANCISCO (TOTAL) 593 796 839 742 725
DISTRICT 1 33 40 35 38 46
DISTRICT 4 8 15 14 15 10
DISTRICT 5 102 131 121 100 118
DISTRICT 6 59 84 100 84 71
DISTRICTS 7 AND 8 183 222 226 211 187
DISTRICT 9 182 265 299 259 250
Source: SFARMLS - October 1-December 31 each year.
SAN FRANCISCO BROKERAGE 117 Greenwich StreetSan Francisco, CA 94111 t. 415.901.1700sothebyshomes.com/sanfrancisco
0
100
200
300
400
500
600
700
800
900
2011 2012 2013 2014 2015
560
580
600
620
640
660
680
700
720
740
760
2011 2012 2013 2014 2015
Page 3
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Jon Taylor, Gloria Smith | 415.722.2812
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Historic firehouse converted into stunning
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Caroline Kahn Werboff | 415.296.2210
FEATURED PROPERTIES
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4
SINGLE FAMILY HOME SALES
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
ABOUT DISTRICT 1Also known as the Richmond District, District 1 is nestled on
the Northwest corner of San Francisco. Home to many distinct
neighborhoods, including Jordan Park, Lake, Laurel Heights, Outer
Richmond, Central Richmond, Inner Richmond, and Sea Cliff, the
district borders both the Golden Gate Park and the Pacific Ocean. In
District 1, residents and visitors alike can enjoy some fun in the park,
or sit back and gaze upon the vast ocean.
SINGLE FAMILY HOMES | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $1,261,479 $1,502,994 $1,479,163 $1,642,729 $1,584,155 -3.6%
AVERAGE SOLD PRICE $1,251,753 $1,557,809 $1,591,397 $1,805,031 $1,732,857 -4.0%
AVERAGE DAYS ON MARKET 52 42 33 29 28 -3.9%
TOTAL SINGLE FAMILY HOMES SOLD 48 62 57 61 42 -31.1%
DISTRICT 1
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
$2,000,000
2011 2012 2013 2014 2015
San Francisco District 1
0
10
20
30
40
50
60
70
2011 2012 2013 2014 2015
San Francisco District 1
0
10
20
30
40
50
60
70
2011 2012 2013 2014 2015
San Francisco District 1
0
10
20
30
40
50
60
70
2011 2012 2013 2014 2015
San Francisco District 1
Page 5
5
CONDOMINIUM SALES
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
Q4 MARKET OVERVIEW
Like the rest of San Francisco, total sales of single family homes were down in District 1, falling 31.1 percent from Q4
2014 to Q4 2015. Buyers in the District continued to close deals sooner rather than later, as a single family home
stayed on the market an average of 28 days in Q4 2015. Despite a low supply in the district, the average sales price fell
4 percent in Q4 2015, going from $1,805,031 in Q4 2014 to $1,732,857 in Q4 2015, one of the few areas in the City to
see prices drop. The sales figures for condominiums in District 1 also bucked citywide trends. Like single family homes
in the area, the average sales price for a condominium decreased 8.6 percent, falling from $1,181,224 in Q4 2014 to
$1,080,076 in Q4 2015. While the rest of the city mostly experienced dips in total sales, District 1 saw a 21.1 percent
increase in condominiums sold, up from 38 units sold in Q4 2014 to 46 units sold in Q4 2015.
CONDOMINIUMS | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $693,570 $792,410 $887,770 $1,132,711 $1,028,696 -9.2%
AVERAGE SOLD PRICE $677,530 $823,267 $910,916 $1,181,224 $1,080,076 -8.6%
AVERAGE DAYS ON MARKET 80 55 41 37 35 -4.3%
TOTAL CONDOS SOLD 33 40 35 38 46 21.1%
DISTRICT 1
0
10
20
30
40
50
60
70
80
90
2011 2012 2013 2014 2015
San Francisco District 1
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2011 2012 2013 2014 2015
San Francisco District 1
0
10
20
30
40
50
60
70
2011 2012 2013 2014 2015
San Francisco District 1
0
10
20
30
40
50
60
70
2011 2012 2013 2014 2015
San Francisco District 1
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6
SINGLE FAMILY HOME SALES
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
ABOUT DISTRICT 4 District 4, also referred to as West of Twin Peaks is located in a
heavily wooded and picturesque area of San Francisco. District 4
encompasses 16 neighborhoods: Balboa Terrace, Diamond Heights,
Forest Hill, Forest Hill Extension, Forest Knolls, Ingleside Terrace,
Midtown Terrace, Miraloma Park, Monterey Heights, Mount Davidson
Manor, Sherwood Forest, St. Francis Wood, Sunnyside, West Portal,
Westwood Highlands and Westwood Park.
DISTRICT 4
SINGLE FAMILY HOMES | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $870,248 $1,049,765 $1,122,029 $1,225,321 $1,427,792 16.5%
AVERAGE SOLD PRICE $877,021 $1,081,658 $1,195,500 $1,374,731 $1,587,561 15.5%
AVERAGE DAYS ON MARKET 58 47 37 24 24 0%
TOTAL SINGLE FAMILY HOMES SOLD 84 110 92 94 104 10.6%
0
10
20
30
40
50
60
70
2011 2012 2013 2014 2015
San Francisco District 4
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
2011 2012 2013 2014 2015
San Francisco District 4
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
2011 2012 2013 2014 2015
San Francisco District 4
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7
CONDOMINIUM SALES
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
Q4 MARKET OVERVIEW
For single family homes in District 4, almost everything was on the rise in Q4 2015. After total sales of single family
homes fell to 92 units sold in Q4 2013, the total began to climb, from 94 units sold in Q4 2014 to 104 units sold in Q4
2015—one of the few districts in San Francisco to see an increase in sales in Q4 2015. The average sales price for
a single family home followed suit, going up 15.5 percent, from $1,374,731 in Q4 2014 to $1,587,561 in Q4 2015. By
contrast, condominiums in District 4 tended to fall in line with the rest of the city, with lower total sales and an increase
in average sales price. Total sales of condominiums in the District fell 33.3 percent, from 15 units sold in Q4 2014 to 10
units sold in Q4 2015. The average sales price for condominiums grew from $593,997 in Q4 2014 to $706,754 in Q4
2015, a 19 percent increase.
CONDOMINIUMS | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $393,000 $461,427 $468,060 $540,297 $668,800 23.8%
AVERAGE SOLD PRICE $393,875 $475,367 $482,596 $593,997 $706,754 19.0%
AVERAGE DAYS ON MARKET 62 76 53 35 28 -18.5%
TOTAL CONDOS SOLD 8 15 14 15 10 -33.3%
DISTRICT 4
0
10
20
30
40
50
60
70
80
90
2011 2012 2013 2014 2015
San Francisco District 4
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2011 2012 2013 2014 2015
San Francisco District 4
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
2011 2012 2013 2014 2015
San Francisco District 4
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
2011 2012 2013 2014 2015
San Francisco District 4
Page 8
8
SINGLE FAMILY HOME SALES
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
DISTRICT 5
ABOUT DISTRICT 5 District 5, commonly known as the Central District, is in the
geographic center of San Francisco. The sunny region, with its charm
and vitality, is popular with both tourists and residents. The district
is home to the neighborhoods of Ashbury Heights, Buena Vista Park,
Clarendon Heights, Corona Heights, Cole Valley, Castro, Dolores
Heights, Duboce Triangle, Glen Park, Haight Ashbury, Noe Valley, Twin
Peaks and Mission Dolores.
SINGLE FAMILY HOMES | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $1,382,486 $1,469,944 $1,761,042 $1,945,438 $2,072,037 6.5%
AVERAGE SOLD PRICE $1,383,789 $1,547,670 $1,864,321 $2,135,397 $2,268,185 6.2%
AVERAGE DAYS ON MARKET 57 36 33 26 25 -4.6%
TOTAL SINGLE FAMILY HOMES SOLD 92 107 92 93 81 -12.9%
0
10
20
30
40
50
60
70
2011 2012 2013 2014 2015
San Francisco District 5
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
2011 2012 2013 2014 2015
San Francisco District 5
0
10
20
30
40
50
60
70
80
90
2011 2012 2013 2014 2015
San Francisco District 5
0
10
20
30
40
50
60
70
80
90
2011 2012 2013 2014 2015
San Francisco District 5
Page 9
9
CONDOMINIUM SALES
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
DISTRICT 5
Q4 MARKET OVERVIEW
The average sales price for a single family home and a condominium in District 5 continued to ascend in Q4 2015. A
condominium sold at an average of $1,248,103 in Q4 2015, a 9.6 percent increase from Q4 2014. The average sales
price for a single family home also experienced growth, up 6.2 percent from $2,135,397 in Q4 2014 to $2,268,185 in
Q4 2015. While prices climbed in the district, total sales of single family homes and condominiums went off in different
directions in Q4 2015. Following the citywide trend, total sales of single family homes fell to 81 units, a 12.9 decrease
compared year over year, and one of the lowest totals seen in the last few years of Q4. However, after falling to 100 total
units sold in Q4 2014, total sales of condominiums rebounded 18 percent in Q4 2015, with 118 units sold.
CONDOMINIUMS | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $768,415 $803,437 $976,641 $1,043,960 $1,121,958 7.5%
AVERAGE SOLD PRICE $764,314 $851,196 $1,071,095 $1,139,201 $1,248,103 9.6%
AVERAGE DAYS ON MARKET 77 48 37 35 31 -12.1%
TOTAL CONDOS SOLD 102 131 121 100 118 18.0%
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2011 2012 2013 2014 2015
San Francisco District 5
0
10
20
30
40
50
60
70
80
90
2011 2012 2013 2014 2015
San Francisco District 5
0
10
20
30
40
50
60
70
80
90
2011 2012 2013 2014 2015
San Francisco District 5
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SINGLE FAMILY HOME SALES
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
DISTRICT 6
ABOUT DISTRICT 6 District 6, also referred to as the Central North, is a vibrant area with
easy access to public transportation, trendy boutiques, excellent
restaurants and gorgeous City views. The neighborhoods that
encompass District 6 include Alamo Square, Hayes Valley, Western
Addition, Lower Pacific Heights, Anza Vista and North Panhandle
(NoPa). Homes vary from stunning mansions and Victorian houses to
quaint single family homes and chic condominiums.
SINGLE FAMILY HOMES | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $1,703,857 $1,652,211 $1,755,923 $2,345,400 $2,466,800 5.2%
AVERAGE SOLD PRICE $1,704,057 $1,698,895 $1,888,385 $2,430,867 $2,699,000 11.0%
AVERAGE DAYS ON MARKET 66 36 26 27 31 17.4%
TOTAL SINGLE FAMILY HOMES SOLD 7 19 13 15 10 -33.3%
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
2011 2012 2013 2014 2015
San Francisco District 6
0
10
20
30
40
50
60
70
2011 2012 2013 2014 2015
San Francisco District 6
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2011 2012 2013 2014 2015
San Francisco District 6
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2011 2012 2013 2014 2015
San Francisco District 6
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CONDOMINIUM SALES
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
DISTRICT 6
Q4 MARKET OVERVIEW
Much like the rest of the city, average sales prices were up and total sales were down in District 6. The average
sales price for a single family home rose 11 percent, moving up from $2,430,867 in Q4 2014 to $2,699,000 in Q4
2015. Condominiums saw even greater growth, with the average sales price jumping from $1,008,712 in Q4 2014 to
$1,219,372 in Q4 2015, a 20.9 percent increase and one of the largest increases in average sales price in the city. Low
inventory throughout the district may have contributed to increased prices. A total of 10 single family homes were sold
in Q4 2015, a 33.3 percent drop from the 15 units sold in Q4 2014. Total sales of condominiums were also down 15.5
percent, from 84 units sold in Q4 2014 to 71 in Q4 2015.
CONDOMINIUMS | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $648,249 $690,084 $782,040 $915,557 $1,116,934 22.0%
AVERAGE SOLD PRICE $649,085 $718,443 $831,735 $1,008,712 $1,219,372 20.9%
AVERAGE DAYS ON MARKET 69 64 29 49 35 -29.2%
TOTAL CONDOS SOLD 59 84 100 84 71 -15.5%
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2011 2012 2013 2014 2015
San Francisco District 6
0
10
20
30
40
50
60
70
80
90
2011 2012 2013 2014 2015
San Francisco District 6
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2011 2012 2013 2014 2015
San Francisco District 6
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2011 2012 2013 2014 2015
San Francisco District 6
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2011 2012 2013 2014 2015
San Francisco District 6
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SINGLE FAMILY HOME SALES
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
DISTRICTS 7 and 8
ABOUT DISTRICTS 7 and 8 Districts 7 and 8 host some of the most impressive homes in the
city. District 7 includes Cow Hollow, the Marina, Pacific Heights and
Presidio Heights neighborhoods. The Golden Gate Bridge and the San
Francisco Bay are to the north and downtown is to the east, making
it ideal for both work and recreation. District 8 includes the business
and financial center of San Francisco and serves as a popular tourist
destination. Residential neighborhoods include North Beach, Russian
Hill, Nob Hill, Telegraph Hill and North Waterfront.
SINGLE FAMILY HOMES | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $3,978,059 $4,456,228 $4,285,031 $4,308,093 $5,451,581 26.5%
AVERAGE SOLD PRICE $3,777,430 $4,332,079 $4,316,067 $4,429,488 $5,428,448 22.6%
AVERAGE DAYS ON MARKET 59 53 45 39 38 -2.8%
TOTAL SINGLE FAMILY HOMES SOLD 38 57 45 43 31 -27.9%
0
10
20
30
40
50
60
70
2011 2012 2013 2014 2015
San Francisco Districts 7 & 8
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
2011 2012 2013 2014 2015
San Francisco Districts 7 & 8
0
10
20
30
40
50
60
70
80
90
100
2011 2012 2013 2014 2015
San Francisco Districts 7 & 8
0
10
20
30
40
50
60
70
80
90
100
2011 2012 2013 2014 2015
San Francisco Districts 7 & 8
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CONDOMINIUM SALES
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
DISTRICTS 7 and 8
Q4 MARKET OVERVIEW
Districts 7 and 8 made a strong case that a shortage of inventory drove prices up in San Francisco in Q4 2015. This
was especially evident for single family homes in the area which saw one of the largest declines in total sales and one
of the biggest gains in average sales price. Total sales in the district had dropped 27.9 percent, from 43 units sold in Q4
2014 to 31 units sold in Q4 2015. The limited number of sales pushed the average sales price for a single family home
up from $4,429,488 in Q4 2014 to $5,428,448 in Q4 2015, a 22.6 percent increase. Condominiums in the area also saw
a drop in total sales and an increase in average sales price. Total sales of condominiums fell 11.4 percent in Q4 2015,
from 211 units sold in Q4 2014 to 187 units sold in Q4 2015. The average sales price for a condominium went up from
$1,333,006 in Q4 2014 to $1,413,381 in Q4 2015.
CONDOMINIUMS | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $880,693 $1,109,972 $1,183,534 $1,277,180 $1,350,666 5.8%
AVERAGE SOLD PRICE $859,102 $1,110,151 $1,210,598 $1,333,006 $1,413,381 6.0%
AVERAGE DAYS ON MARKET 90 56 44 42 32 -22.8%
TOTAL CONDOS SOLD 183 222 226 211 187 -11.4%
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
2011 2012 2013 2014 2015
San Francisco Districts 7 & 8
0
10
20
30
40
50
60
70
80
90
100
2011 2012 2013 2014 2015
San Francisco Districts 7 & 8
0
10
20
30
40
50
60
70
80
90
100
2011 2012 2013 2014 2015
San Francisco Districts 7 & 8
Page 14
14
SINGLE FAMILY HOME SALES
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
DISTRICT 9
ABOUT DISTRICT 9 District 9, the central-eastern portion of San Francisco includes the
neighborhoods Bernal Heights, the Central Waterfront/Dogpatch,
Inner Mission, Mission Bay, Potrero Hill, South Beach and South of
Market (SoMa). The area includes some of the oldest homes in San
Francisco, having escaped the 1906 earthquake and fire destruction.
District 9’s real estate includes cottages, bungalows and single-family
homes in Bernal Heights and Potrero Hill, and warehouse-converted
lofts and condominiums in SoMa, South Beach and Yerba Buena.
SINGLE FAMILY HOMES | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $727,643 $875,138 $1,120,636 $1,173,252 $1,299,411 10.8%
AVERAGE SOLD PRICE $756,364 $934,608 $1,265,595 $1,331,576 $1,450,050 8.9%
AVERAGE DAYS ON MARKET 52 41 27 26 24 -8.7%
TOTAL SINGLE FAMILY HOMES SOLD 58 51 69 66 73 10.6%
0
10
20
30
40
50
60
70
2011 2012 2013 2014 2015
San Francisco District 9
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
2011 2012 2013 2014 2015
San Francisco District 9
0
10
20
30
40
50
60
70
80
90
2011 2012 2013 2014 2015
San Francisco District 9
0
10
20
30
40
50
60
70
80
90
2011 2012 2013 2014 2015
San Francisco District 9
Page 15
15
CONDOMINIUM SALES
AVERAGE SALES PRICE AVERAGE DAYS ON MARKET
DISTRICT 9
Q4 MARKET OVERVIEW
District 9 was one of the few areas in San Francisco that saw total sales of a single family home go up. A total of 73
homes were sold in Q4 2015, a 10.6 percent increase over Q4 2014. The increase in closed units did not affect buyer
demand, as the average sales price also grew 8.9 percent, from $1,331,576 in Q4 2014 to $1,450,050 in Q4 2015.
Buyers also quickly closed deals, as a single family home stayed on the market an average of 24 days in Q4 2015.
Despite total sales slightly falling in Q4 2015, condominiums were still in high demand in District 9. Total sales of
condominiums decreased 3.5 percent in Q4 2015, with the area closing 259 units in Q4 2014 to 250 units in Q4 2015.
Buyers drove the average sales price up to $1,209,170, a 16.4 percent increase over Q4 2014.
CONDOMINIUMS | Q4 2011 2012 2013 2014 2015 % Change(2015 v 2014)
AVERAGE LIST PRICE $879,026 $907,292 $957,431 $1,009,800 $1,167,707 15.6%
AVERAGE SOLD PRICE $820,527 $908,471 $983,846 $1,038,658 $1,209,170 16.4%
AVERAGE DAYS ON MARKET 77 53 39 37 36 -4.6%
TOTAL CONDOS SOLD 182 265 299 259 250 -3.5%
0
10
20
30
40
50
60
70
80
90
2011 2012 2013 2014 2015
San Francisco District 9
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2011 2012 2013 2014 2015
San Francisco District 9
0
10
20
30
40
50
60
70
80
90
2011 2012 2013 2014 2015
San Francisco District 9
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SIGNIFICANT SALES | Q4 2015
PACIFIC HEIGHTS | Web: 0087395 | $9,000,000 | Seller RepresentedSan Francisco Brokerage | Caroline Kahn-Werboff 415.296.2210
COW HOLLOW | Web: 0087385 | $9,000,000 | Seller RepresentedSan Francisco Brokerage | Janet Feinberg Schindler 415.265.5994
MARINA | Web: 0081777 | $7,100,000 | Buyer RepresentedSan Francisco Brokerage | Rebecca Schumacher 415.928.3800
COW HOLLOW | Web: 0081734 | $6,995,000 | Buyer RepresentedSan Francisco Brokerage | Carrie B. Goodman 415.624.4166
COW HOLLOW | Web: 0087641 | $5,150,000 | Seller RepresentedSan Francisco Brokerage | Neill Bassi 415.412.3089
PACIFIC HEIGHTS | Web: 0081635 | $12,500,000 | Buyer RepresentedSan Francisco Brokerage | Ludovico Mazzola 415.296.2213
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AUCTION CALENDAR FEB | MAR | APR | MAY 2016
RM Sotheby’s: ParisParis 03 Feb
Impressionist & Modern Art Evening SaleLondon 03 Feb
Contemporary Art Evening AuctionLondon 10 Feb
Finest & Rarest WinesNew York 27 Feb
WatchesLondon 08 Mar
Important Ceramics by Pablo PicassoLondon 05 Ap
20th Century Art / Middle EastLondon 18 Apr
Orfèvrerie, Boîtes en Or et Objets de VitrineParis 04 May
Paul Gauguin | Nature morte aux mangos et à la fleur d’hibiscusEstimate £2-3m
We invite you to explore our real estate listings at sothebyshomes.com and view the worldwide auction schedule at sothebys.com Enquiries +1 212 606 7000. Sotheby’s 72 & York Register now at sothebys.com SOTHEBY’S, INC. LICENSE NO. 1216058. © SOTHEBY’S, INC. 2015
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left to right from top to bottom:
METROPOLITAN MARKETS
NEW YORK, NY | Web: 00110466 | $5,200,000
SAN FRANCISCO, CA | Web: 0087635 | $5,500,000
HOUSTON, TX | Web: 1250301 | $5,499,000
RESORT MARKETS
PEBBLE BEACH, CA | Web: 0474307 | $5,895,000
PALM BEACH, FL | Web: 0076834 | $5,995,000
MONTECITO, CA | Web: 0632357 | $5,495,000
FOREIGN MARKETS
SPAIN | Web: NF2L59 | $5,584,178
FRANCE | Web: 5Q5HYV | $5,431,240
ISRAEL | Web: 9ZWTEE | $5,657,127
sothebysrealty.com
ON THE MARKET