Home / Business / FINANCE / This little-known San Francisco area is unexpected one of the hottest housing markets in America — take a look

This little-known San Francisco area is unexpected one of the hottest housing markets in America — take a look

excelsior sf area 8012Melia Robinson/Business Insider

Excelsior is a small, mostly ignored area in San Francisco. It’s named for the Latin interpretation of “ever upward” — suitable given Excelsior’s sunny new opinion in the housing market.

In 2017, real-estate site Redfin named Excelsior the second hottest area in San Francisco, formed the ranking on increases in internet traffic to listings there. Excelsior homes typically sell in 19 days at 111% of the inventory price. The median sales cost was $890,000.

I visited Excelsior to see because the under-the-radar neighborhood is making a splash.

Check Also

48-year-old billionaire Jonathan Gray is replacing Tony James as Blackstone’s COO

YouTube/blackstonegroup Private-equity hulk Blackstone Group has promoted Jonathan Gray to reinstate Tony James as COO. …

Leave a Reply

Your email address will not be published. Required fields are marked *