Mortgage rates for San Francisco, California on Lender411 for 30-year fixed-rate mortgages are at 4.39%. That dropped from 4.39% to 4.39%. The 15-year fixed rates are now at 3.58%. The 5/1 ARM mortgage for San Francisco, California is now at 3.92%.
San Francisco is the crown jewel of Northern California's Bay Area. The city is best known for its rolling hills and fog that appears, even during the summer. San Francisco has an interesting mix of Victorian and modern architecture. Famous landmarks include: the Golden Gate Bridge, Alcatraz Island and San Francisco's illustrious China Town.
For quarter ending December 13:
The average price/sqft was $776, an increase of 16.7% compared to last year. The median sales price for homes for September 13 to December 13 was $852,000 based on 1,150 home sales. Compared to one year ago, the median home sales price increased 10.8%, or $83,250, and the number of home sales decreased 11.4%.
Popular neighborhoods in San Francisco include Pacific Heights and South Beach, with average home listing prices of $11,355,000 and $1,623,376.