NOB HILL MARKET OVERVIEW
Nob Hill occupies the pinnacle of San Francisco's social and architectural landscape, rising above the city from one of its original seven hills. Home to the Fairmont, Mark Hopkins, and Huntington hotels, as well as Grace Cathedral, this is a neighborhood defined by Gilded Age grandeur and enduring prestige. The residential market here is anchored by luxury condominiums, co-ops, and penthouse residences offering sweeping 360-degree city views.
In Q1 2026, the Nob Hill median has edged upward to $2.15M, a 2.1% year-over-year gain that reflects the neighborhood's condominium-heavy inventory mix. Days on market have tightened to 32 days, the second-fastest pace among tracked neighborhoods, driven by strong demand for turnkey condos in the $1.5M-$3M range from downtown professionals and empty-nesters.
With 72 active listings, Nob Hill offers the broadest selection among the six premium neighborhoods tracked here, largely due to its significant condominium and co-op inventory. This selection, combined with relatively accessible price points for San Francisco luxury, makes Nob Hill an attractive entry point for buyers seeking a prestigious city address.
NOB HILL STATISTICS
Current real estate data and trends for Nob Hill, San Francisco
NOB HILL MARKET ANALYSIS
Nob Hill's $2.15M median reflects its condominium-dominated inventory, positioning it as the most accessible of San Francisco's premier neighborhoods by price point. The modest 2.1% annual gain masks significant variation by segment — penthouses and single-family homes have appreciated faster than the median suggests.
Transaction velocity is strong at 32 days on market, powered by robust demand in the $1.5M-$3M condo segment from downtown professionals, international buyers, and empty-nesters attracted to the neighborhood's walkability and cultural richness. The list-to-sale ratio at 101.5% confirms competitive conditions.
At $1,150 per square foot, Nob Hill offers notable value relative to Pacific Heights and the Marina, attracting buyers seeking a prestigious address at a lower per-foot premium. The neighborhood's co-op buildings, including several iconic addresses, offer a particularly compelling value proposition for qualified buyers.
Nob Hill's outlook is positive, supported by ongoing infrastructure investment, the enduring appeal of its hilltop location, and growing demand from tech workers returning to San Francisco offices. We anticipate steady appreciation in the 2-3% range.
MEDIAN SALE PRICE
$2,150,000
↑ 2.1% from Q1 2025
Year-over-year change in median sale price
DAYS ON MARKET
32
↓ 8.6% from Q1 2025
Average days from listing to accepted offer
HOMES SOLD
85
↑ 6.3% from Q1 2025
Closed residential transactions
ACTIVE LISTINGS
72
↑ 5.9% from Q1 2025
Homes and condos for sale at quarter's end
PRICE PER SQ. FT.
$1,150
↑ 2.8% from Q1 2025
Median sale price per square foot
LIST-TO-SALE PRICE RATIO
101.5%
↑ 0.8% from Q1 2025
Average sale price as percentage of list price
PROPERTY TYPES
Luxury Penthouses
Top-floor residences with panoramic city and bay views
Median Price
$5,200,000
+3.5%
Inventory
8
Avg. Days on Market
45 days
Full-Floor Condos
Spacious single-floor units in premier buildings
Median Price
$2,800,000
+2.2%
Inventory
18
Avg. Days on Market
30 days
Co-operative Units
Shares in iconic Nob Hill residential buildings
Median Price
$1,450,000
+1.5%
Inventory
25
Avg. Days on Market
28 days
Single-Family Homes
Rare detached homes on the hill's premier blocks
Median Price
$4,800,000
+4.0%
Inventory
5
Avg. Days on Market
38 days
| PROPERTY TYPE | MEDIAN PRICE | INVENTORY | AVG. DAYS ON MARKET |
|---|---|---|---|
Luxury Penthouses Top-floor residences with panoramic city and bay views | $5,200,000 +3.5% | 8 | 45 |
Full-Floor Condos Spacious single-floor units in premier buildings | $2,800,000 +2.2% | 18 | 30 |
Co-operative Units Shares in iconic Nob Hill residential buildings | $1,450,000 +1.5% | 25 | 28 |
Single-Family Homes Rare detached homes on the hill's premier blocks | $4,800,000 +4.0% | 5 | 38 |
Data reflects Q1 2026 estimates derived from MLS records and broker reports. Co-op transactions may not be fully captured in public MLS data. Market conditions vary by building and unit type.
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