The Pacific Heights real estate market, like the San Francisco market more generally, has seen modest changes in the past few years. Recent hesitation in the housing market across the board, along with price decreases and modest demand in neighborhoods throughout the city, have made many homeowners wonder whether it’s worth it to list. However, there are a few key reasons why selling in the always-desirable Pacific Heights real estate market could be the right move to make in the coming months. If you’re interested in finding out what makes this San Francisco neighborhood so alluring to newcomers, keep reading.
Pacific Heights is one of San Francisco’s best
Image Courtesy of Wikimedia
is widely regarded as one of the most luxurious and iconic neighborhoods in San Francisco. Niche rates the area highly, with top scores for public schools, nightlife, and outdoor activities. It’s home to some of San Francisco’s most historic homes, with some dating back as far as the late 1800s. Only a few blocks from the Marina, Ft. Mason, Fisherman’s Wharf, and the Presidio, Pacific Heights puts residents close to some of the best sights in the city. It’s only a quick stroll or a short drive to the Palace of Fine Arts, the Presidio Golf Course, Lafayette and Alta Plaza parks.
All of this and more make Pacific Heights an attractive option for those looking to relocate and have kept newcomers coming back to explore which properties are on the market. If you’re hoping to sell your piece of Pacific Heights real estate, know that buyers are very interested in what the neighborhood has to offer.
Buyers are drawn to Pacific Heights
Beyond the local sights, Pacific Heights provides residents with everything they could need, and the community is highly desirable for local, international, or second-home buyers. The dense urban feel keeps the neighborhood feeling energetic and alive, while the nearby parks and waterfront offer places of respite and rejuvenation. Not only is Pacific Heights in a prime location, but the real estate landscape consists of a wide variety of properties, from condos to single-family residences. Its eclectic homes, great shopping and dining scene, and top amenities make it the total package for newcomers.
Homes in Pacific Heights are a perfect reflection of the neighborhood’s luxurious vibe. Whether buyers are looking for something with more history or something new and modern, they’ll find it in Pacific Heights. Sellers should be aware that buyers are attracted to the neighborhood precisely for its stunning homes, some of which date back over 100 years. The community’s real estate scene comprises luxury homes, modest condos (but still expensive), gorgeous mansions, and more upscale luxury condos and co-ops. Most of the property inventory is older structures however there are still some newer and mid-century condo complexes that cater to their clientele.
Sellers hoping to draw in top buyers should keep in mind that many successful homes in Pacific Heights, regardless of their age, feature modern and renovated interiors. Buyers who want the charm of an older property still enjoy the benefits of updated features. Sellers would do well to highlight what makes their property distinct and unique from others in the area.
Shopping and dining
Photo courtesy of Scopo Divino
The shopping and dining are another key draw for buyers looking into Pacific Heights real estate. The fantastic Fillmore Street Shopping District runs right through the neighborhood, providing residents easy access to top brands. Shops like Athleta, INTERMIX, and Eileen Fisher are only the beginning.
Walk down towards the Marina and enjoy all the shopping, restaurants and services found along Union Street.
Apart from shopping, Pacific Heights boasts several upscale restaurants as well. The wine at Scopo Divino
and the classic California fare at Sorrel
only add to the many reasons why buyers continue to search for homes in Pacific Heights.
All the must-have amenities
Of course, no neighborhood is complete without the necessary amenities, and Pacific Heights has them all. From private schools like the Drew School and the Academy of Thought and Industry to Montessori institutions like the San Francisco Public Montessori School, the standard of educational opportunities in the neighborhood is a big draw for many families. More than that, Pacific Heights has its own medical centers, and is very close to downtown and the Financial District.
Inventory isn’t high
Inventory has remained modest in Pacific Heights, which can only serve to increase a buyer’s desire to own a home in this exclusive neighborhood. With fewer properties to choose from, buyers may be inclined to jump at the chance to make an offer on new homes that become available. It’s important for sellers to remember that their listing page description is an important piece of the puzzle, as it shows a buyer what the property has to offer and can encourage them to take action faster. Aside from a compelling listing page and beautiful professional photographs, a strategic price is something sellers will want to determine with expert guidance from their real estate broker
Tips for sellers
The biggest tip for those selling Pacific Heights real estate is to partner with an expert broker who can walk them through each step of the journey. In a unique market like the one in Pacific Heights, sellers need a robust strategy, not only for how to prepare their home but how to market it online and make sure as many buyers as possible are seeing it.
An understanding of the current levels of demand, inventory, and pricing can help a seller determine when and how to list their property. Higher demand and lower inventory in Pacific Heights means that sellers have more of an upper hand in negotiating their deal, but much of a successful sale comes from the right timing and the right pricing. An experienced real estate broker who knows how the Pacific Heights market changes from month to month can assist sellers in knowing when demand is at its peak and how to price a property effectively.
Selling your home in Pacific Heights
Selling a home requires tact and preparation, and the entire process will flow much more smoothly with the help of an expert real estate broker. Jeffrey Marples
has more than 20 years of experience serving clients in San Francisco. His passion for helping homeowners prepare a perfect listing package and bring in the offers they’re hoping for has made Jeff one of the most sought-after brokers in the area. If you want to have the most successful sale you can, entrust your home to Jeffrey Marples
. Get started today.
*Header photo courtesy of Unsplash