Dolores Heights Condo Sales Emerge From Year-End Hibernation

Condo sales in Dolores Heights slowly came back to life during February from the year-end holiday hibernation. Six sales were completed last month (this compares with only four sales completed during December and one sale during January).

Little has changed in the market from the tail-end of 2013. Mortgage interest rates remain attractive in the low to mid 4% range, the inventory of homes for sale is still very limited, and elevated prices persist.

Last month the average sale price for a condo in Dolores Heights came in at an impressive $1,162,707. With pent up buyer demand due to the year-end slowdown, the pace of sales was very quick. The condos that traded hands during February were on the market for an average of only 13 days before going under contract.

For more info or if you are looking to buy or sell a home in Dolores Heights feel free to drop us a line.

Address Type List Price Sale Price Date Sold Days on Market
141 Hancock St 1BR/1BA $699,000 $774,444 2/20/14 13
155 Hancock St #5 2BR/1BA $799,000 $940,000 2/26/14 10
2024 15th St 2BR/1BA $895,000 $1,000,000 2/7/14 15
366 Sanchez St 2BR/2BA $1,199,000 $1,250,000 2/20/14 20
795 Dolores St 3BR/2BA $1,099,000 $1,350,000 2/3/14 8
49 Ford St 3BR/1.5BA $1,195,000 $1,661,800 2/27/14 11
Average   $981,000 $1,162,707   13
Median   $997,000 $1,125,000   12

 

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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