I’ve been making the case recently that SF’s enormous run-up in prices has caused formerly overlooked or “B” neighborhoods to suddenly become the latest battlegrounds in the bidding wars. The reasons’s simple: with more and more people priced out of their first choice neighborhoods, they are increasingly moving on to their second and even third or fourth choices.
Bernal Heights has always had its charms — fine weather, great views, and pretty good freeway access, depending on where you are. But, with its wicked-narrow streets and generally modest housing stock, it’s often been seen as the poor cousin to Noe Valley or even Potrero Hill. ...
It’s not unusual for home sales to slow during the summer months. The same thing happens to an even greater degree in mid-Winter during the holiday season. In San Francisco, the result is a temporary moderation in sales prices.