Market Overview
This month in San Francisco’s Outer Avenues, covering the Outer Parkside, Outer Sunset, and Outer Richmond, we saw a continuation of seasonal patterns. More listings are coming to market as we move toward summer, but competition remains strong for well-presented homes.
Move-in-ready properties are generating serious interest, while homes needing updates are sitting longer. My own clients have been active in this market, writing offers on homes where preparation and pricing made all the difference.
Notable examples:
• 4535 Balboa Street was listed at $2,195,000 and sold for $2,600,000
• 421 Point Lobos was listed at $2,495,000 and closed at $2,700,000
Market Snapshot
| Area | Sold | Median | DOM |
|---|---|---|---|
| Outer Sunset | 4 | $1.575M | 8 |
| Outer Parkside | 8 | $1.418M | 13 |
| Outer Richmond | 6 | $1.895M | 11 |
Why Redesigned Staircases Signal a $2M+ Home in the Outer Avenues
- In this short video, I walk through one of the most overlooked indicators that a home is likely to sell for over $2M in the Outer Avenues.
Quick Insight
Inventory remains tight despite slight price corrections compared to early 2024. Properties that are well-staged, priced right, and marketed effectively are still receiving multiple offers, especially in the Outer Richmond.
Featured Listing
2020 Great Highway – Outer Parkside
Beautiful Home on 8400+ square foot lot. 4391 Square Feet of Living Space! Listed at $7,500,000. View Listing →
Thinking About Selling?
Want a personalized look at what your home is worth in the Outer Avenues? Click here to request a custom home valuation.
Oliver Burgelman
📞 415.244.5846
