Most Recent Sales  citywide in the last 21 days
Address Type BR/BA/Units Parking DOM List Price Sold Price
1021-1023A Lake St - -BR / -BA 1 41 $1,549,000 $1,435,000
481 10th Ave Condo 3BR / 1.5BA 1 106 $549,000 $549,000
312 Topeka Ave SFR 7BR / 3BA 1 76 $619,000 $600,000
155 Ames St Condo 3BR / 2.5BA 1 59 $1,495,000 $1,450,000
90 Robinson Dr SFR 2BR / 1BA 6 21 $499,000 $525,000
749 Baker St Condo 2BR / 2BA 1 29 $749,000 $803,000
3067-3069 Steiner St - -BR / -BA 2 8 $1,000,000 $1,325,000
>> View Additional Sales >> View Newest Listings
San Francisco Market Overview 
  Single Family Homes Condos/TICs/Lofts 2-4 Units
Median Sales Price, last 180 days
% Change from prior 180 days
Avg. Days on Market, last 180 days
% Change from prior 180 days		 $769,000
+15.1%
50
-20.7%		 $712,475
+14.0%
59
-28.4%		 $1,125,000
+9.8%
64
-22.3%
El Corazon? Media Gulch? Mission Creek? 
So many names for one neighborhood! Residents have long been confused about what to call the sleepy corner of the Mission between South Van Ness and Potrero Avenues, and 16th and 23rd Streets. As it's removed from the hustle and bustle of Valencia and Mission Street corridors, it seems unfair to just lump it with the rest of the Mission. (Quick aside: have you been to Valencia Street on a weekend evening recently?! Hustle and bustle is a massive understatement.)

In the past this section of the Mission had been called El Corazon, Media Gulch, or NEMA (unclear what this acronym represents… perhaps North Eastern Mission Adjacent?). A couple of years ago the local merchants association decided to promote the name Mission Gulch. But it seems their fickle minds have changed again, love it or hate it, and the new name they have settled on is Mission Creek. Word on the street is that the namesake creek still winds around deep below the nabe's surface.

Whatever you decide to call it, this once quiet neighborhood should no longer be overlooked. Already home to mainstays such as Universal Cafe, Atlas Cafe and Blowfish Sushi, the neighborhood has exploded with new and acclaimed restaurants, bars, gourmet coffee outposts, galleries, local designers, manufacturers, workspaces and (ooo la la) spas. The Mission Creek Merchants Association says that the neighborhood is working to define itself – not unlike the Dog Patch neighborhood – as "artist, meets merchant, meets industrial," but still an excellent place to live. As such, the locale has proven to be a very desirable place to purchase. The neighborhood is experiencing the low inventory seen throughout the city, and coupled with its newfound desirability, prices are on the rise. There are lots of great live/work lofts in the area so as to immerse yourself in the artsy vibe, and many adorable Victorian single family homes to get the classic SF urban experience.
Warriors Arena Inching Forward 
Whether you believe it will really happen or not, the plans for the Warriors new San Francisco home seem to be inching forward. A few months back current mayor Ed Lee and former mayor Gavin Newsom were on hand at a kickoff ceremony at Piers 30 and 32 announcing the deal for the new arena. And now a new public affairs vice president has been appointed to oversee what could be one of the most difficult obstacles to overcome with San Francisco's super-engaged populace: neighborhood, community and political issues.

The piers have had a few false starts. Most notably they were to be the site of a cruise ship terminal, and more recently headquarters for the now downsized America's Cup. Luckily for the Warriors team, much of the research and Environmental Impact Reports for the area may be applicable to the proposed arena. The city recently named a 16 person advisory committee made up of residents and business owners in the immediate vicinity of Piers 30 and 32 to add feedback and to work with the city Board of Supervisors on the project. If all goes according to proposed plans, the Warriors hope the arena is ready for the 2017 basketball season.

 

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David Ames • (415) 271-2071 • DavidAmes@zephyrsf.com • www.davidpames.com
Recent listings, sales, and market data are based on information from the San Francisco Association of Realtors MLS for the periods shown.
Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
 
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4 Comments on San Francisco Housing Market, September 21st 2012

SEP
22
403,670 Points 8 Featured Posts Outside Blog Called Shot Master

David - Great real estate market information for anyone interested in the San Francisco area.  I really liked the additional information on the Mission Creek neighborhood.  Nicely done!
6:29pm • #1
SEP
23
216,585 Points 17 Featured Posts Outside Blog Called Shot Master

Thanks Laura.  I'm not sure if the Real Estate community has embraced it as Mission Creek yet, but it sounds nice to me.  Most of us still refer to it as Media Gulch, but the "tweener" aspect of the neighborhood seems to keep it's identity in constant flux.  Perhaps "Mission Creek" will be the one that sticks!
11:57am • #2
518,831 Points 7 Featured Posts Outside Blog Called Shot Master

Well done, David!  Hope you have a great week!
11:49pm • #3
SEP
28
216,585 Points 17 Featured Posts Outside Blog Called Shot Master

Thanks DeeDee.  You too.
10:30am • #4

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David Ames - San Francisco

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Zephyr Real Estate, San Francisco

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