San Francisco Neighborhood Becomes Hot Market

Market Trends

Melia Robinson from the Business Insider provides a new update on another hot market in Northern California.

Excelsior is a small, often overlooked neighborhood in San Francisco. It's named for the Latin translation of "ever upward" — appropriate given Excelsior's sunny new outlook in the housing market.

In 2017, real-estate site Redfin named Excelsior the second hottest neighborhood in San Francisco, based the ranking on increases in internet traffic to listings there.

Excelsior homes typically sell in 19 days at 111% of the listing price. The median sales price was $890,000.

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

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