San Francisco Housing Market Statistics
Questions About Selling a House in San Francisco
What’s the housing market like in San Francisco?
Prices are very high. The median house value in San Francisco is more than $1.4 million. This number has more than doubled in the past 10 years.
How old are the houses in San Francisco?
San Francisco has relatively older housing stock. About half of San Francisco's housing units were built before 1940, while more than 4 out of 5 houses in the city were constructed before 1980.
How long does it take to sell a house in San Francisco?
Houses typically sell relatively fast in San Francisco, as average time to sell was under a month before the COVID-19 pandemic.
How much do Victorian houses sell for in San Francisco?
San Francisco is well known for its Victorian style homes, including the famous “painted ladies” in Pacific Heights. One of the most famous recently sold for $3 million in 2020. Victorian homes in San Francisco routinely sell for well over $1 million.
What taxes do I pay when selling a house in San Francisco?
In San Francisco, capital gains tax obligations of a home sale can impose 30% of net proceeds or more. There are also transfer taxes typically paid by the seller that can run from $5,000 or so on the low end up to the hundreds of thousands of dollars.
What’s the fastest way to sell a house in San Francisco?
Just as in any city, the fastest way to sell a house in San Francisco is to sell it to a cash buyer. This avoids any long waiting times for buyers to secure financing. An even faster way is to sell to a cash buyer off market. This avoids the traditional listing altogether. An off-market buyer like Sundae, for example, can purchase your house in cash and close on the house in 10 days.