Record-Breaking Home Sales in San Francisco: 2024 Highs & Lows by District

The San Francisco real estate market is as diverse as the city itself. From jaw-dropping luxury estates to surprisingly affordable condos, the range of home sales in San Francisco in 2024 was nothing short of fascinating.

In her latest blog post, Katie Funk Moss, a top San Francisco Realtor on our team, dives into the extremes of this year’s market with The High-Low Report: San Francisco's 2024 Most Notable Sales by District.

Katie’s detailed analysis takes you district by district, examining the highest and lowest priced home sales across San Francisco neighborhoods in 2024. If you're curious about the $70 million Pacific Heights mansion or a $213,000 studio in Outer Sunset, or anything in between, this one’s for you!

Exploring San Francisco’s Real Estate Extremes in 2024

The High-Low Report reveals some fascinating trends that highlight the unique character of San Francisco real estate in 2024. Here are a few standout insights:

• Pacific Heights Takes the Crown
  The most expensive sale of the year was a $70 million mansion in Pacific Heights, setting an unparalleled benchmark for luxury homes for sale in San Francisco. The sale of the property, priced at $4,050 per square foot, is a showcase of the neighborhood's appeal among ultra-high-net-worth buyers.
• Affordable Opportunities Still Exist
  On the other end of the spectrum, a studio condo in Outer Sunset sold for just $213,389. This demonstrates that while San Francisco is known for its luxury market, there are still opportunities for buyers seeking—and qualified for, in this case—more affordable options. (It probably goes without saying that most buyers aren't getting $200,000 condos. See who’s eligible for San Francisco’s Below Market Rate, aka BMR program, here.)
• Neighborhood Diversity Shines
  Districts like Sea Cliff and Noe Valley showcased their luxury appeal with high sales of $26 million and $7.2 million respectively. Meanwhile, neighborhoods like Bayview and Ingleside Heights offered some of the lowest-priced homes, making them more attractive to budget-conscious buyers.

For more detailed insights into each district’s high and low sales—and what they reveal about San Francisco's real estate market—be sure to read Katie’s full post.

What This Means for Buyers and Sellers

If you're considering buying or selling in San Francisco’s complex and competitive real estate market, understanding these trends is an important part of being informed.

• For San Francisco home sellers, knowing how your neighborhood compares can help you prepare and position your home effectively.
•  For San Francisco home buyers, it’s a reminder that opportunities exist across all price points, whether you’re eyeing a luxury property or a relatively affordable condo.

Want the scoop on specific neighborhoods? Check out our San Francisco Neighborhoods page for community info.

Partner with Top San Francisco Realtors

At Danielle Lazier Real Estate, we are the trusted advisors to our clients. With over $1 billion of SF real estate sold and more than 1,000 clients served buying and/or selling, our team is made up of career San Francisco real estate specialists from top to bottom. We have an organized system, a proven process, and the winning track record to prove it.

If you're looking at the complexities of the SF luxury real estate market, or just starting to search for your first home, we're here to assist you every step of the way. Learn more about us and meet the team on our About page. 🙋‍♀️

Ready to Take the Next Step?

San Francisco real estate in 2024 offered something for everyone, from iconic estates to hidden gems. Maybe you have real estate plans for the new year?

If you have questions about your specific goals and personal situation, don’t hesitate to reach out. Contact us today through our Contact page. We look forward to speaking with you!