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RUSSIAN HILL MARKET UPDATE

SAN FRANCISCO

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RUSSIAN HILL MARKET OVERVIEW

Russian Hill offers an intimate, village-like atmosphere atop one of San Francisco's most dramatic hills, with quiet tree-lined streets winding past elegant Edwardians, cottage-style homes, and modern residences. The neighborhood's steep topography delivers some of the city's most spectacular panoramas — from Alcatraz and the bay to the Financial District skyline — while Polk Street and Hyde Street provide a walkable commercial corridor.

Q1 2026 data shows the Russian Hill median at $2.9M, up 3.5% year-over-year, reflecting balanced demand across both the single-family and condominium segments. Days on market stand at 38 days, with stronger velocity for properties on the hill's summit where views are most expansive.

With approximately 30 active listings, Russian Hill's inventory is among the tightest of the tracked neighborhoods. The combination of limited supply, architectural charm, and arguably the city's best view corridors creates persistent upward pressure on values, particularly for detached homes and top-floor condos with unobstructed sightlines.

RUSSIAN HILL STATISTICS

Current real estate data and trends for Russian Hill, San Francisco

RUSSIAN HILL MARKET ANALYSIS

Russian Hill's $2.9M median positions it between Nob Hill's condominium-driven accessibility and the higher-end single-family markets of Pacific Heights and Presidio Heights. The 3.5% annual appreciation is in line with the broader luxury trend and reflects healthy, sustainable growth.

At 38 days on market, Russian Hill sells at a measured pace compared to the Marina's velocity, reflecting a buyer pool that tends to be deliberate and view-focused. Properties on the summit and north slope — where the iconic Lombard Street views attract a global audience — consistently outperform the neighborhood average.

Inventory is tight at 30 active listings, the second-lowest total after Sea Cliff. This scarcity is structural: Russian Hill's compact geography and established homeowner base limit turnover, making each new listing an event in the local market. Price per square foot at $1,280 continues to close the gap with Pacific Heights.

We expect Russian Hill to continue appreciating in the 3-4% range, supported by constrained supply and the neighborhood's unique combination of central location, architectural charm, and world-class views.

MEDIAN SALE PRICE

$2,900,000

↑ 3.5% from Q1 2025

Year-over-year change in median sale price

DAYS ON MARKET

38

↓ 5.0% from Q1 2025

Average days from listing to accepted offer

HOMES SOLD

35

↑ 2.9% from Q1 2025

Closed residential transactions

ACTIVE LISTINGS

30

↓ 6.3% from Q1 2025

Homes and condos for sale at quarter's end

PRICE PER SQ. FT.

$1,280

↑ 3.2% from Q1 2025

Median sale price per square foot

LIST-TO-SALE PRICE RATIO

101.2%

↑ 0.5% from Q1 2025

Average sale price as percentage of list price

PROPERTY TYPES

View Homes

Detached homes with panoramic bay and city views

Median Price

$4,500,000

+4.2%

Inventory

6

Avg. Days on Market

35 days

Edwardian Residences

Classic early-1900s homes with period detail and modern updates

Median Price

$3,200,000

+3.0%

Inventory

8

Avg. Days on Market

38 days

Condominiums

Units in boutique buildings, many with view exposures

Median Price

$1,650,000

+2.5%

Inventory

12

Avg. Days on Market

30 days

Cottages & In-Law Units

Charming smaller homes tucked along the hill's terraced streets

Median Price

$1,950,000

+3.8%

Inventory

4

Avg. Days on Market

25 days

PROPERTY TYPEMEDIAN PRICEINVENTORYAVG. DAYS ON MARKET
View Homes
Detached homes with panoramic bay and city views
$4,500,000
+4.2%
635
Edwardian Residences
Classic early-1900s homes with period detail and modern updates
$3,200,000
+3.0%
838
Condominiums
Units in boutique buildings, many with view exposures
$1,650,000
+2.5%
1230
Cottages & In-Law Units
Charming smaller homes tucked along the hill's terraced streets
$1,950,000
+3.8%
425

Data reflects Q1 2026 estimates derived from MLS records and broker reports. Russian Hill boundaries follow standard MLS definitions. Market conditions vary by elevation and view exposure.

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San Francisco, CA 94123

goodrichgroup.com

Arthur Goodrich

ARTHUR GOODRICH

415.735.8779

arthur@goodrichgroup.com

DRE #02080290

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