Why Live in South of Market
South of Market, or SoMa, in San Francisco, has transformed from a commercial warehouse district into a vibrant neighborhood with a mix of high-rise buildings, industrial-chic lofts, and historic structures. This area, adjacent to Downtown and near Oracle Park, offers a variety of things to do, including a thriving dining scene with popular spots like Montesacro, Burma Love, and Marlowe. Nightlife is lively with venues such as Dirty Habit and Press Club 20. Shopping options include Meteron on 4th Street and Westfield San Francisco Centre, while grocery needs are met by Whole Foods Market and IKEA. The neighborhood features predominantly condos, ranging from luxury penthouses to historic Edwardian-style properties, with many converted warehouse buildings offering spacious loft-style living. Yerba Buena Gardens serves as the central recreational hub, featuring the Yerba Buena Center for the Arts, Children’s Creativity Museum, and various outdoor activities. Cultural landmarks include San Francisco’s City Hall and the San Francisco War Memorial and Performing Arts Center. The area hosts significant events like the San Francisco Pride Parade in June. SoMa is well-connected with Interstate 80, the Powell Street BART Station, and multiple MUNI bus stops, and is about 12 miles from San Francisco International Airport.
Home Trends in South of Market, CA
On average, homes in South of Market, San Francisco sell after 19 days on the market compared to the national average of 70 days. The median sale price for homes in South of Market, San Francisco over the last 12 months is $4,000,000, up 1456% from the median home sale price over the previous 12 months.
Median Sale Price
$4,000,000
Median Single Family Sale Price
$463,000
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$425,000
Average Price Per Sq Ft
$572
Number of Homes for Sale
2
Last 12 months Home Sales
75
Median List Price
$4,125,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1,456%