GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive House In San Francisco

The most expensive house in San Francisco is priced at $46.5 million.

With sources from: businessinsider.com.au, businessinsider.com, sf.curbed.com, forbes.com and many more

Statistic 1

The most expensive house ever listed in San Francisco was 950 Lombard St listed for $40.5 million.

Statistic 2

The median house price in San Francisco is $1.4 million as of 2021.

Statistic 3

San Francisco has the highest median house price per square foot ($1,004) among major U.S. cities.

Statistic 4

The average luxury home in San Francisco costs around $6.7 million.

Statistic 5

In 2020, San Francisco's luxury market saw a price increase of 3.9%.

Statistic 6

The largest home for sale in San Francisco, 2901 Broadway, is listed for $29.8 million.

Statistic 7

The most expensive penthouse in San Francisco sold for $49 million in 2019.

Statistic 8

San Francisco’s luxury market has a higher average price per square foot ($1,272) than any other major U.S. cities.

Statistic 9

The annual property tax on the most expensive home in San Francisco is roughly $500,000.

Statistic 10

70% of the most expensive homes in San Francisco have a waterfront view.

Statistic 11

Approximately 2% of homes in San Francisco are worth more than $10 million.

Statistic 12

There are currently 16 mega-mansions currently listed for sale in San Francisco.

Statistic 13

The most expensive neighborhood in San Francisco is Presidio Heights, with an average price of over $7 million.

Statistic 14

San Francisco houses selling in the top 5% of the market reach an average price of $10.4 million.

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In this post, we explore the jaw-dropping real estate landscape of San Francisco, where luxury knows no bounds. From multi-million dollar listings to record-breaking property sales, we delve into the staggering statistics that define the city’s housing market. Get ready to be amazed by the astronomical prices, prestigious neighborhoods, and exclusive offerings that make San Francisco one of the most sought-after real estate markets in the United States.

Statistic 1

"The most expensive house ever listed in San Francisco was 950 Lombard St listed for $40.5 million."

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Statistic 2

"The median house price in San Francisco is $1.4 million as of 2021."

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Statistic 3

"San Francisco has the highest median house price per square foot ($1,004) among major U.S. cities."

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Statistic 4

"The average luxury home in San Francisco costs around $6.7 million."

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Statistic 5

"In 2020, San Francisco's luxury market saw a price increase of 3.9%."

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Statistic 6

"The largest home for sale in San Francisco, 2901 Broadway, is listed for $29.8 million."

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Statistic 7

"The most expensive penthouse in San Francisco sold for $49 million in 2019."

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Statistic 8

"San Francisco’s luxury market has a higher average price per square foot ($1,272) than any other major U.S. cities."

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Statistic 9

"The annual property tax on the most expensive home in San Francisco is roughly $500,000."

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Statistic 10

"70% of the most expensive homes in San Francisco have a waterfront view."

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Statistic 11

"Approximately 2% of homes in San Francisco are worth more than $10 million."

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Statistic 12

"There are currently 16 mega-mansions currently listed for sale in San Francisco."

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Statistic 13

"The most expensive neighborhood in San Francisco is Presidio Heights, with an average price of over $7 million."

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Statistic 14

"San Francisco houses selling in the top 5% of the market reach an average price of $10.4 million."

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Interpretation

In conclusion, the real estate market in San Francisco is undeniably one of the most expensive and exclusive in the United States. With record-breaking listings, high median prices, and luxurious properties commanding top dollar, it is clear that the city's housing market caters to the elite. The statistics presented highlight the astronomical prices of homes in San Francisco, particularly in upscale neighborhoods like Presidio Heights. The fact that a significant portion of the most expensive homes boast waterfront views further emphasizes the city's allure for high-net-worth individuals. As the luxury market continues to see price increases and mega-mansions hit the market, it is evident that San Francisco remains a coveted destination for luxury real estate investors and homeowners.

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