Pacifica High-End Homes YTD

The high end of Pacifica is seeing a current upward trend in sale prices this year.  This graph is for all single family home properties (regular resale AND distressed listings combined**), year-to-date, $700,000 to $2 Million price range for Pacifica CA.

**REO and short sale activity is so minimal in this market segment that to separate it showed no difference in these median numbers.

MEDIAN LIST PRICES:  22 total listings (bank-owned/reo = 1) (short sale = 1)

  • January – $799,000
  • February – $825,000
  • March – $899,000

SOLD MEDIAN PRICES: 5 closed escrows (bank-owned/reo = 0) (short sale = 1)

  • January – $700,000
  • February – $715,000
  • March – $760,000

This eclectic bedroom community of nearby San Francisco has a lot to offer in terms of recreation (surfing, hiking, biking, art, family outings, etc.), variety of housing with easy access to the mid-San Francisco Bay Area peninsula.  I’ve taken Sharp Park as a short cut over to the San Francisco Airport forever.  It cuts right across Skyline to Hwy 280.  Historically it’s been a great place for first time home buyers to get into the market, but the move-up and move-over buyers also pay attention when a special property comes on the market!

A high end home in Pacifica offers one or more of these features:  ocean views and/or beautiful setting, great location for both privacy and access, well-maintained and clean, beautifully updated.  Another plus that I’m hearing about more is walk-ability to coffee, hiking, shopping.

Pacifica CA 700K-2M y-t-d 2011