Despite some anecdotal accounts that San Francisco’s real estate market has cooled slightly due to “buyer’s fatigue,” a look at the numbers tells a more straightforward story. Based on data provided by Redfin.com, most signs indicate that for much of San Francisco’s housing market, including the Mission, things are unambiguously white hot.
Looking at the housing sale data in the Mission and a few neighborhoods directly adjacent to it, it’s pretty clear 2014’s numbers are on track to keep up with trends in 2013. Median sale prices are up as well as percent of houses sold above asking price. And buyers are grabbing available property even faster than they were in 2013.