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What makes San Fran’s hottest neighborhood so popular
Weather and views have something to do with it
Pacific Heights is the neighborhood everyone wants to move into and home prices reflect the demand.
Homes in the area start at about $3.5 million compared to the median home sales price of about $1.4 million for the entire city, according to Mansion Global. The average price per square foot is about $3,000 in Pacific Heights.
Turnover is slow and many of the traditional single-family Victorian houses haven’t gone through major renovations, so, when an updated home hits the market, buyers go crazy.
“View houses that are state-of-the-art and in move-in condition are priceless,” said Pacific Union International agent Val Steele to Mansion Global.
What makes the neighborhood so populate is its location within San Francisco; “it has the best views, the best weather,” according to Sotheby’s International Realty agent Janet Schindler.
“This will always be a blue-chip neighborhood,” she said.
[Mansion Global] — E.K. Hudson