Bernal Heights Average Home Price Pushing $1.2 Million

With all the hype surrounding Bernal Heights these days its no surprise to see that home prices were up during February.  Last month fifteen (15) homes traded hands at an average price of $1,193,459 – setting a new record high for this neighborhood. While the hype factor is interesting (Bernal Heights is a charming, cool ‘hood in our opinion) keep in mind home prices are up across the city due to a perfect storm of tech job growth, low mortgage interest rates, the low supply of homes for sale, and a ravenous pool of potential buyers. With the Spring home buying season kicking off this week we suspect the market will remain heated.

3 of the 15 homes that traded hands last month were sold as fixer uppers (334 Holladay Ave, 357 Franconia St, and 501 Crescent Ave). The home at 131 Cresecent Ave included an unwarranted studio unit with a private entrance. The sale of 228 Ellsworth St was a rehab flip (it was bought in May 2013 for $705,000).

Have questions about the market? Feel free to contact us.

Address Type List Price Sale Price Date Sold Days on Market
148 Elsie St 1BR/1BA $699,000 $699,000 2/28/14 171
334 Holladay Ave 3BR/1.5BA $749,000 $760,000 2/28/14 176
357 Franconia St 3BR/1BA $799,000 $770,000 2/12/14 109
501 Crescent Ave 2BR/1BA $649,000 $780,000 2/28/14 35
102 Anderson St 2BR/2BA $810,000 $1,105,000 2/11/14 8
371 Prospect Ave 2BR/2BA $989,000 $1,144,000 2/20/14 26
280 Gates St 3BR/1BA $1,125,000 $1,225,000 2/25/14 4
132 Brewster St 4BR/2.5BA $899,000 $1,250,000 2/28/14 13
131 Crescent Ave 3BR/2BA $1,250,000 $1,255,000 2/20/14 40
1612 York St 3BR/1.5BA $959,000 $1,265,000 2/18/14 19
173 Bonview St 2BR/1BA $1,049,000 $1,360,000 2/21/14 13
217 Ellsworth St 3BR/2BA $1,150,000 $1,450,000 2/14/14 8
237 Bocana St 3BR/2BA $1,095,000 $1,550,000 2/25/14 9
228 Ellsworth St 3BR/2BA $1,295,000 $1,600,000 2/19/14 19
138 Elsie St 3BR/3.5BA $1,399,000 $1,688,888 2/14/14 7
Average   $994,400 $1,193,459   44
Median   $989,000 $1,250,000   19

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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