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February 5, 2009

Take Your Pick of Luxury Properties

With 68 single-family homes and 37 condos listed at $2M or more, the San Francisco luxury market has a lot to offer. Unfortunately, there’s a limited number of individuals who can afford an average of $5,332,763 for a house, or $3,407,770 for a condo.

On the house front, neighborhoods rich in luxury properties are the usual suspects—the Marina, Pacific and Presidio Heights, Lake District, Russian Hill in the north end, and Noe Valley and St. Francis Wood on the south side of town. Most expensive properties in this category continue to be 2845 Broadway at $65M, on the market for 1069 days, and 2901 Broadway at $48M, on the market for $48M.

Luxury condo listings are dominated by the Four Seasons, St. Regis, and Ritz-Carlton. The most expensive condo listing? 2006 Washington #4 at Octavia, a 5BR/5.5BA unit with two-car parking priced at $15M and on the market for 127 days.

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