San Francisco Micromarkets

Alamo Square
Average Price
1001 USD / Sq. Ft
Capital Appreciation
1%
Bayview
Average Price
556 USD / Sq. Ft
Capital Appreciation
9.40%
Bernal Heights
Average Price
1016 USD / Sq. Ft
Capital Appreciation
13.90%
Candlestick Point
Average Price
519 USD / Sq. Ft
Capital Appreciation
2.80%
Cow Hollow
Average Price
1114 USD / Sq. Ft
Capital Appreciation
-38.40%
Crocker Amazon
Average Price
768 USD / Sq. Ft
Capital Appreciation
2.60%
Diamond Heights
Average Price
722 USD / Sq. Ft
Capital Appreciation
-47%
Duboce Triangle
Average Price
842 USD / Sq. Ft
Capital Appreciation
-8.10%
Dogpatch
Average Price
997 USD / Sq. Ft
Capital Appreciation
-29.40%
Downtown
Average Price
917 USD / Sq. Ft
Capital Appreciation
50.30%
Eureka Valley
Average Price
756 USD / Sq. Ft
Capital Appreciation
12.30%
Excelsior
Average Price
699 USD / Sq. Ft
Capital Appreciation
8.80%
Financial District
Average Price
1258 USD / Sq. Ft
Capital Appreciation
-8.60%
Forest Hill
Average Price
663 USD / Sq. Ft
Capital Appreciation
32.70%
Forest Knolls
Average Price
857 USD / Sq. Ft
Capital Appreciation
-5.20%
Glen Park
Average Price
1318 USD / Sq. Ft
Capital Appreciation
37.10%
Haight Ashbury
Average Price
886 USD / Sq. Ft
Capital Appreciation
38.20%
Hayes Valley
Average Price
1486 USD / Sq. Ft
Capital Appreciation
2.30%
Hunters Point
Average Price
680 USD / Sq. Ft
Capital Appreciation
11.60%
Ingleside
Average Price
740 USD / Sq. Ft
Capital Appreciation
10%
Inner Richmond
Average Price
804 USD / Sq. Ft
Capital Appreciation
12.70%
Inner Sunset
Average Price
915 USD / Sq. Ft
Capital Appreciation
-9.70%
Lake Street
Average Price
783 USD / Sq. Ft
Capital Appreciation
27.70%
Laurel Heights
Average Price
1088 USD / Sq. Ft
Capital Appreciation
22.90%
Lone Mountain
Average Price
1088 USD / Sq. Ft
Capital Appreciation
38.80%
Lower Pacific Heights
Average Price
1024 USD / Sq. Ft
Capital Appreciation
-27.60%
Marina
Average Price
303 USD / Sq. Ft
Capital Appreciation
26.50%
Merced Heights
Average Price
698 USD / Sq. Ft
Capital Appreciation
21.10%
Midtown Terrace
Average Price
750 USD / Sq. Ft
Capital Appreciation
-13%
Miraloma Park
Average Price
852 USD / Sq. Ft
Capital Appreciation
19.90%
Mission Bay
Average Price
1135 USD / Sq. Ft
Capital Appreciation
8.50%
Mission District
Average Price
970 USD / Sq. Ft
Capital Appreciation
23.60%
Mission Dolores
Average Price
776 USD / Sq. Ft
Capital Appreciation
37.10%
Mission Terrace
Average Price
709 USD / Sq. Ft
Capital Appreciation
-12.80%
Nob Hill
Average Price
1150 USD / Sq. Ft
Capital Appreciation
54.80%
Noe Valley
Average Price
1112 USD / Sq. Ft
Capital Appreciation
-0.20%
North Beach
Average Price
1083 USD / Sq. Ft
Capital Appreciation
7.10%
North Waterfront
Average Price
1080 USD / Sq. Ft
Capital Appreciation
-1.50%
Oceanview
Average Price
666 USD / Sq. Ft
Capital Appreciation
14.10%
Outer Mission
Average Price
914 USD / Sq. Ft
Capital Appreciation
7.60%
Outer Richmond
Average Price
826 USD / Sq. Ft
Capital Appreciation
35.60%
Outer Sunset
Average Price
880 USD / Sq. Ft
Capital Appreciation
10.80%
Pacific Heights
Average Price
1188 USD / Sq. Ft
Capital Appreciation
55.20%
Parkside
Average Price
849 USD / Sq. Ft
Capital Appreciation
6.90%
Portola
Average Price
555 USD / Sq. Ft
Capital Appreciation
3.50%
Potrero Hill
Average Price
1105 USD / Sq. Ft
Capital Appreciation
28.80%
Presidio Heights
Average Price
1146 USD / Sq. Ft
Capital Appreciation
6.70%
Russian Hill
Average Price
1234 USD / Sq. Ft
Capital Appreciation
22.20%
SOMA
Average Price
971 USD / Sq. Ft
Capital Appreciation
-0.50%
South Beach
Average Price
1214 USD / Sq. Ft
Capital Appreciation
-5.60%
Sunnyside
Average Price
802 USD / Sq. Ft
Capital Appreciation
-28.40%
Telegraph Hill
Average Price
1094 USD / Sq. Ft
Capital Appreciation
94.70%
Twin Peaks
Average Price
974 USD / Sq. Ft
Capital Appreciation
25.10%
Van Ness
Average Price
1290 USD / Sq. Ft
Capital Appreciation
17.90%
Visitacion Valley
Average Price
596 USD / Sq. Ft
Capital Appreciation
12.70%
West Portal
Average Price
832 USD / Sq. Ft
Capital Appreciation
-1.80%
Stonestown
Average Price
707 USD / Sq. Ft
Capital Appreciation
7.80%

Price Trend in San Francisco

The USA is one of the world’s largest and most thriving economies with very low rates of interest. Low interest rates make the USA an investor’s market, particularly when financing is involved. Inflation continues to be really low in the USA, another major positive for global investors. Inflation is low on account of several financial measures and is successfully capped at 2% or a little above. Employment is also rapidly rising in the USA and the effects of the recession are deemed to be over. By the year 2022, it is estimated that a whopping 15 million jobs will be added in the USA and this will directly influence real estate demand.

Even as the impact of Brexit continues to infuse volatility into several global markets, global investors seek the economic stability and security of the United States real estate market across both residential and commercial segments. There are strong inflows of FDI into the USA commercial realty market and demand should increase for acquiring student and senior housing properties, commercial buildings and even self contained housing units as per experts. Interest rates should remain low in the near future and this will continue to spur real estate growth along with lower inflation. The strengthening of the US dollar and decline of the British pound along with uncertainty in the European market means that the Federal Reserve is unlikely to move interest rates upwards. Investors are settling for properties in cities like New York City, Los Angeles, Boston and San Francisco among others. This continued interest will steadily increase prices and generate good returns for investors.

The US economy will always remain at the top of the heap in spite of global uncertainties since doing business here always gives other countries greater benefits. The USA continues to be a huge importer of products and spends close to $250 billion towards this end annually as per estimates. The USA controls the reserve currency of the world which enables the country to enjoy lower interest rates while borrowing and the same status is extended to citizens as well. The power of the US dollar ensures that the USA economy is alive and kicking even in the toughest of global situations.

The USA continues to be a major hub for global investors on account of its stringent regulations with clear laws. The USA offers superior returns from real estate investments. Most of the political and economic risks present in other countries are absent in the USA. The country offers one of the safest investment prospects in real estate. Foreign investors pumped in more than $80 billion into the USA in 2015 for example. There are clear regulations governing the sale and purchase of property and ample investor protection is assured as a result.

There are tax exemptions that make it easier for REITs (Real Estate Investment Trusts) and foreign stock funds to purchase real estate in America. Institutional investors also have it easy in this case. The USA is a tax friendly investment prospect and safer than most other countries. There is a stable Government and a clear rule of law while there are stringent rules which will also ensure curbs on money laundering through property transactions. Los Angeles and San Francisco are already red hot in terms of property investments. Chinese buyers are continuing to invest in California and they have pumped in close to $6 billion in Los Angeles alone.

The USA is unlike some other countries where land sales are only allowed to those with citizenship. The USA allows real estate sales to foreign investors just like regular citizens. The only guidelines in place are those imposed by the community associations managing properties in particular buildings or neighborhoods. Most of these associations are compulsory but the rules on offer are pretty general and par for the course. Foreign ownership is easier in the USA and very transparent in comparison to other countries.

Investors are also allowed to provide a Power of Attorney to agents in the USA to make all arrangements and sign necessary documents. Foreign investors who pay 40-50% of the property value as the down payment are also exempted from income tax on rentals for the first 10-15 years. An Individual Taxpayer Identification Number (ITIN) is the only thing required for buying property in the United States. This can be issued by a certified professional accountant who is IRS approved or by the Internal Revenue Service. A W-7 form has to be filled for requesting the ITIN. Investors may require only a few other documents including their visas, foreign passports and photo IDs. This is all it takes to buy a home in the United States. Foreign buyers can purchase condominiums, duplexes, triplexes, single family homes, townhomes and quadra-plexes.

The USA is known for being one of the biggest financial and startup hubs in the world. Los Angeles, for example, is home to leading medicine, technology, sports, finance, fashion, entertainment and educational brands. Los Angeles is ranked number three in terms of being a startup hub after San Francisco and New York. Los Angeles offers several advantages including lower costs of operations, a relaxed culture, good universities to scout talent from and proximity to San Francisco as well. New York is considered one of the major financial capitals of the world with its NASDAQ, New York Stock Exchange and Wall Street. New York has more than 200 leading educational institutions along with an entire Financial District. New York also has Tech Valley and Silicon Alley which are major hubs for some of the world’s best known startups. According to the Global Financial Centres Index, New York has already overtaken London as the financial capital of the world.

Chicago is also home to several leading finance, commerce, technology and telecommunications companies while innumerable leading startups like Pinterest, Twitter, Mozilla, Airbnb, Square Inc, Lyft, Levi Strauss & Co, Reddit, Uber, Yelp, Craigslist and the Wikimedia Foundation continue to be headquartered in San Francisco which is also a major banking hub. Chicago is a leader when it comes to energy, biotechnology, automobile manufacturing, financial technologies, medical technologies, health services and food production among other major global industries.