BERNAL HEIGHTS MARKET REGAINING TRACTION. IS NOW A GOOD TIME TO SELL?
Bernal Heights home sales have seen a significant upward trend over the last quarter. In the last six months, 92 single-family Bernal Heights homes sold, netting their owners over $163M.
As we see below, the vast majority of Bernal Heights single-family home sales took place in Q3. Volume more than doubled in the last three months compared to Q2. The uptick in activity is no surprise after the downturn of the pandemic and shelter in place. Noteworthy is the consistency in price per square foot and
average sale price. The numbers point to a robust real estate market for Bernal Heights that is uniquely positioned to weather the hurdles of uncertainty.
LOWEST PRICE POINT – $900,000
HIGHEST EARNER – $3,450,000
106 Coleridge St closed September 25th for $3.45M. One of only 17 Bernal Heights homes to break the three million mark.
PRICES REMAIN STABLE – Bernal Heights real estate remains some of the most valuable real estate in the Bay Area with the average sale price resting over $1.75M.
DAYS ON MARKET – Homes are selling quickly again. The median days on market (DOM) has dropped to 9.