Single-family home prices in Bernal Heights ended the year on a high note. During the month of December eleven (11) homes traded hands in this neighborhood at an average sale price of $1,135,364. This figure was relatively close to the average in November that clocked in at $1,163,250, which represented the highest average price during 2013. Keep in mind with the relatively small number of homes that sell each month in Bernal Heights the average and/or median figures are subject to fluctuations due to high and low end sales and should be taken with a grain of salt.
The interesting question to ask is what’s next for this neighborhood? Recently, Bernal Heights was named as the hottest neighborhood in the country by Redfin. Will prices continue to push higher or have they hit a plateau? It will be interesting to see how things unfold with all the hype surrounding this charming ‘hood. One thing is certain, its still a sellers market out there. The homes that traded hands during December sold very quickly. They were on the market for an average of only 24 days before going under contract.
Two properties sold last month as fixer uppers. They were 37 Rutledge St and 345 Richland Ave.
For more info or if you are looking to buy or sell a home in Bernal Heights feel free to drop us a line.
|Address||Type||List Price||Sale Price||Date Sold||Days on Market|
|37 Rutledge St||2BR/1BA||$749,999||$700,000||12/13/13||84|
|39 Samoset St||4BR/1.5BA||$749,000||$730,000||12/12/13||15|
|345 Richland Ave||3BR/1BA||$849,999||$750,000||12/2/13||4|
|332 Virginia Ave||2BR/2BA||$819,000||$819,000||12/10/13||31|
|230 Prentiss St||2BR/1BA||$650,000||$910,000||12/24/13||12|
|185 Crescent Ave||2BR/1BA||$849,000||$965,000||12/12/13||12|
|70 Anderson St||3BR/2BA||$1,050,000||$1,400,000||12/31/13||14|
|86 Wool St||4BR/3.5BA||$1,560,000||$1,500,000||12/19/13||28|
|11 Wright St||3BR/2.5BA||$1,299,000||$1,500,000||12/31/13||11|
|3318 Folsom St||4BR/3BA||$1,259,000||$1,605,000||12/27/13||29|
|146 Bocana St||2BR/2BA||$1,095,000||$1,610,000||12/4/13||24|
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.