Bernal Heights 6 month home sale analysis (Q4 - Q1)

6 Month Home Sale Analysis

BERNAL WEATHERS THE PANDEMIC STORM

Bernal Heights single-family home sales have shown steady strength through the last quarter. While home sales have slowed through the early part of 2021, price per square foot, median price, and speed of sale (DOM – Days on Market) have remained steady.

10 RECENT HOME SALES

649 Anderson Street $1.6M
225 Banks Street $1.725M
637 Andover Street $2.175M
271 Ripley Street $2.225M
568 Peralta Avenue $1.615M
72 Putnam Street $1.225M
328 Richland Avenue $2.148
240 Nevada Street $2.255M
3369 Cesar Chavez $1.01M
146 Failth Street $1.6M

The last 3 months of Bernal Heights home sales

# of Home Sold (down 34%)

Median Per SqFt (No change)

$ 0 .11

Days On Market (No change)

Q1 Bernal Home Prices

Low price

$ 0

Average price

$ 0 ,850

High price

$ 0 ,000

A high average home sale and a low DOM (days on market) points to a robust market for Bernal Heights.

Two notable Q1 home sales were 41 Park St and 252 Elsie Street. Both homes closed 30% over asking.

Ten Bernal heights homes closed over $2M this quarter. The highest earner was 148 Bonview. Closing 66 days after going on the market for it’s asking price of $2,495,000.

We can expect the number of home sales to pick up in Q2/Q3 2021 through the busy summer months.

The last quarter of 2020 was certainly busy. 64 single family homes sold in Bernal Heights between October 1 and December 31st. In fact this followed on the pace of home sales from Q3 2020. After a considerable slow down through the early days of the pandemic with minimal sales in March and April the pace has picked up since.

16 Bernal Heights homes sold over $2M in Q4 helping raise the Average Home Sale price to $1,684,680.

Notable home sale was 327 Park Street. This newly renovated 4 bed 3 bath spent 65 days on market and closed for $3.1M just shy of it’s $3.145M asking price.

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WE ARE THE #1 BERNAL MOTHER/DAUGHTER TEAM

Jennifer Burden and Carren Shagley love and understand the nuances of Bernal Heights real estate unlike any other. Carren moved to San Francisco Bernal Heights neighborhood in 1970.

Jennifer has fond memories of growing up on Bernal when many of the streets remained unpaved. Fast forward and the real estate duo have helped hundreds of Bernal buyers and sellers achieve their home ownership goals. In the last year and a half Legacy Real Estate sold 12.5% of all Bernal homes over $3M. On average Legacy Real Estate client’s homes were on the market for as little as 11 days and secured a healthy 17.5% over listing price. If you are thinking of buying or selling in Bernal Heights and San Francisco or if you know someone that is – be sure to ask for references or check out our online reviews.

WHY HIRE US?

As one of the most experienced real estate teams in Bernal Heights, Jennifer and Carren know how important it is to understand the local market dynamics. In an environment such as the present one, in which homes go quickly and prices are rising, buyers and sellers need the expertise of the most skillful agents to navigate the local market waters with the most up to date information.

Legacy Real Estate will:

Spend the time to fully understand your priorities
Prepare a custom market analysis of recent neighborhood sales
Advise you on pre-sale inspections
Represent you with all parties
Guide you through disclosures
Negotiate artfully on your behalf
Provide a complete file at closing

We stand by our work and our commitment to helping our community reach their goals of homeownership. Reach out to us today with any questions and find out for yourself why so many others have put their trust in Legacy Real Estate.

Contact Details

Telephone:

(415) 300-2483

Address:

580 4th St, San Francisco, CA 94107