More home price appreciation in Bernal Heights

As the seller’s market continues, it’s getting more expensive to buy a home in Bernal Heights. During March prices were up for the third month in a row. The rate of home price appreciation in Bernal Heights is starting to mirror the recent gains achieved in the nearby (very hot) neighborhoods of Noe Valley and the Mission District.

Eleven (11) single-family homes sold in Bernal Heights last month. The average sale price came in at an impressive $938,091. This figure compares to the average in February of $829,429 and the average in January of $820,125.

The homes that sold during March were on the market for an average of 31 days before going under contract.

A few notes: 719 Anderson Street and 3 Bennington Street were sold as fixer uppers. The home at 21 Bessie Street was a short sale. The home at 347 Mullen Avenue totals 3,000 square feet and was built in 2011.  The lot this home sits on was purchased for $399K in June of 2008.

For the inside scoop on buying or selling a home in Bernal Heights, feel free to call our office at (415) 385-5263.

Address Type List Price Sale Price Date Sold Days on Market
719 Anderson St 3BR/1BA $550,000 $590,000 3/14/13 27
88 Norwich St 2BR/1BA $720,000 $670,000 3/27/13 7
21 Bessie St 1BR/1BA $679,000 $691,000 3/14/13 174
3 Bennington St 2BR/1BA $449,500 $702,000 3/29/13 0
352 Richland Ave 1BR/1BA $795,000 $795,000 3/4/13 21
68 Glen Ct 3BR/3.5BA $879,000 $915,000 3/15/13 38
34 St Marys Ave 2BR/1BA $729,000 $920,000 3/29/13 12
525 Franconia St 5BR/2.5BA $999,999 $1,008,000 3/20/13 21
760 Moultrie St 2BR/1BA $849,000 $1,008,000 3/1/13 11
57 Benton Ave 3BR/2BA $825,000 $1,020,000 3/1/13 15
347 Mullen Ave 4BR/3.5BA $1,695,000 $2,000,000 3/20/13 12
Average $833,682 $938,091 31

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