Brand new condos help kick up pricing in Eureka Valley / Dolores Heights

Gotta love the quint Eureka Valley / Dolores Heights neighborhood. With Dolores Park, the Castro, and Valencia Street all within walking distance homes in this popular neighborhood are highly sought after. Last month 7 condos traded hands in this neighborhood. The average sale price came in at $1,233,445. The condos that sold during August were on the market for an average of 29 days before going under contract.

The August sales included 3 units in a brand new building at 2299 Market Street.  This building is named, ICON, and features 18 condos over ground floor retail space. Here’s more from the developers website.

“Designed by an award winning San Francisco architectural firm, Ian Birchall & Associates, ICON is an impressive representation of cutting edge modern architecture paired with innovative state-of-the-art building materials. There are 18 luxury residences, including eight one bedrooms, eight two bedrooms, and two penthouse townhomes each with two bedrooms and two and one-half bathrooms. All residences feature modern open-plan living and dining rooms, spectacular European designed gourmet kitchens, spa inspired bathrooms, top-of-the-line finishes and expansive sound-dampening double paned windows.  The building is highlighted with a variety of outlooks including spectacular City and neighborhood views and there is also a beautifully landscaped common area sun deck.”

While the square footage of the condo units has not been disclosed, we estimate they are selling in the $1,000-$1,200 per square foot range.

For more information on these transactions or to inquire about homes for sale in Eureka Valley / Dolores Heights, feel free to call our office at (415) 385-5263.

Address Type List Price Sale Price Date Sold Days on Market
2299 Market St #302 1BR/1BA $739,000 $750,000 8/22/13 48
2299 Market St #304 1BR/1BA $799,000 $825,000 8/26/13 3
66 Eureka St 2BR/1BA $899,000 $1,060,000 8/7/13 10
2299 Market St #503 2BR/2BA $1,189,000 $1,189,000 8/26/13 46
4658 18th St 3BR/3BA $1,495,000 $1,530,000 8/22/13 74
3652 20th St 3BR/2BA $1,289,000 $1,550,188 8/28/13 14
268 Cumberland St 3BR/1.5BA $1,379,000 $1,730,000 8/28/13 6
Average   $1,112,714 $1,233,455   29
Median   $1,189,000 $1,189,000   14

 

Sale prices and market data are based on information from the San Francisco Association of Realtors Multiple Listing Service.
MLS data is deemed reliable but is not guaranteed.

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