Cool summers, fog off the bay, the Golden Gate Bridge and the amazing hills... Owning a home in San Francisco is becoming a bit of a feat. With so many tech companies and start-ups in the area, the San Francisco real estate market is climbing quickly. Property values are at an all-time high and purchasing a home now has a good chance of being a very sound investment; as if someone needed another reason to live in the bohemian flavored city that is San Francisco. These eclectic few miles, surrounded by bays and ocean, have been a symbol of First Amendment rights since the 1950's.
Where you live inside San Francisco is as important as the home itself. San Francisco luxury real estate is not only becoming harder to find, it is becoming harder to get when you find it. The average selling price of a home in the San Francisco real estate market is approximately twelve percent higher than the asking price - and that percentage is rising. This takes flipping houses to an entirely new level. The obvious trick is to purchase as soon as possible.
That being said, San Francisco region is a wonderful place to live. The art and freedom and culture are infectious. It is ranked in the top ten happiest cities in the United States for a reason. And clearly, the real estate market has shown people really want to live there. There are luxury homes to fit the personality of every buyer. They range from beautiful bungalows to massively impressive expressions of architecture. Everyone can be accommodated if they know the style in which they wish to live. Residents of San Francisco can enjoy the pleasures of Fisherman's Wharf and Chinatown daily. Upscale shops populate Union Square offering everything from coffee to Cartier. The options are endless and the rising market makes acquiring a San Francisco home a must have... and soon.
Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc.