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Average home price: $3.2 million

Posted on September 29, 2010 by editors

The average sales price of single family homes in the neighborhood rose during the past month from $2.7 million to $3.2 million, suggesting growing confidence in the higher end of the real estate market. The increase can partially be attributed to continued low interest rates for jumbo loans and also to a wider inventory.

Highlights of the properties sold during the month include two Fillmore Street beauties: 2755 Fillmore (above), a contemporary three-level home with sweeping Golden Gate views, which sold in less than three weeks; and 2846 Fillmore, which sold after two months on the market. Both sold for about 90 percent of their listing prices.

— Victoria Stewart Davis, Pacific Union

Filed under: Home & Garden

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