Central Districts Are HOT!
District 5, which encompasses Noe, Eureka, and Cole Valleys has been on fire this year. The media price per square foot is just under $1100. Though that number can be misleading as many properties are selling for $1200 - $1300 a square foot depending on the area. For example Duboce Triangle, a sub district of Eureka Valley, has a median price per square foot is $1251, a whopping +13.5% increase over the last two months! Just look at the spike in price per square foot for Duboce Triangle condos in the last two months!
If you have been trying to buy in one of these neighborhoods you understand what is happening first hand. If you already own - now is a great time to get that property on the market!