South of Market

Neighborhood Overview

South of Market

Edgy and hip, with just a hint of grit tossed in for flavor, SOMA is for the true urbanite. Homogeneous streets and manicured front lawns are no where to be found. What you will discover here are contemporary lofts and condos, alongside the occasional Victorian, all lit up and hovering above the city's premiere nightlife destinations. Historically the center of the city's gay leather and bear community, you will now find options for all persuasions. Stalwarts of the gay leather bar scene are found throughout SOMA- the Eagle, The Lone Star Saloon and Stud are just a few. There are many nightclubs in the area, including Slim's, the Paradise Lounge, the EndUp, and several new wine bars. Commercial mingles alongside industrial and residential in this eclectic neighborhood. This is where you'll find some of the city's only big box chain stores, including a Bed Bath & Beyond, Best Buy and Costco. Of course, Trader Joe's is a major draw for groceries. SOMA is also home to residential developments by some very notable architects, including 888 7th Street by David Baker, 1234 Howard by Stanley Saitowitz and the conversion of Jackson Brewery by Siegel and Strain. The neighborhood enjoys some of the best weather in the city and is relatively flat, making it attractive for bicyclists. Easy access to the freeways and Bay Bridge keeps drivers happy too. If you're looking for convenient transportation, either conventional or unconventional housing options, sunshine and true urban living, take a look at SOMA.
  • Zip Code(s): 94103, 94107, 94105

South of Market Demographics

Total Population in 94103: 23,016
Gender
 Male: 60.50%
 Female: 39.50%
Median Age: 36.40 years
Population Under 5 Years Old: 3.00%
Population 65 Years Old and Over: 11.30%
Average Household Size: 2.04
Median Household Income: $31131
Occupied Housing Units
 Owner Occupied:11.20%
 Renter Occupied:88.80%
Bachelor's Degree or Higher: 29.30%
Race
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Hispanic or Latino (of any race):25.10%
Foreign Born 39.10%
Speak Language Other Than English at Home: 49.10

Data source: US Census

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The SF Inventory is Finally Arriving

Buyers and Realtors have been complaining about the lack of residential inventory in San Francisco since earlier this year. Indeed, it seems like buyers are fully engaged in our single-family home, condo and multi-unit offerings and have hit the market looking for property all at the same time. That means that for every cool house in a central location, there are 10-15 sets of buyers waiting to pounce.

Buyers Will Pay For "Done," Even in So-So Locations

Despite most San Francisco buyers' firm proclamation at the outset of their house hunt that they won't pay for someone else's renovation, many are doing just that. One trend that doesn't appear to be slowing is that of buyers snatching up fully renovated single-family homes---and paying dearly for them, even if the homes are not in prime locations within a given neighborhood. (Because not everyone can afford a newly renovated home in the heart of Noe Valley, right?)

If You're Into Recycling, You'll Love These Two New Programs

For someone like me who would recycle dryer lint if I could, these two new programs may appeal to your inner green as much as they did mine.

Available Homes in South of Market

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  • 555 4th #526, San Francisco, CA 94107
    1 Bedroom, 1.0 Bath, 1 Parking
    Open House: Tuesday 5/22/12 - 2:00 to 3:30 pm, Sunday 5/27/12 - 2:00 to 4:00 pm
    Full Detail
    Status: Active
  • South of Market $3,595,000 Loft Condominium
    9 Bernice, San Francisco, CA 94103
    3 Bedroom, 2.0 Bath, 3 Parking
    Open House: Tuesday 5/22/12 - 2:00 to 3:30 pm
    Full Detail
    Status: Active
  • 555 4th #404, San Francisco, CA 94107
    2 Bedroom, 2.0 Bath, 1 Parking
    Open House: Tuesday 5/22/12 - 2:00 to 3:30 pm
    Full Detail
    Status: Active
  • South of Market $925,000 Single-Family Homes
    1163 Harrison, San Francisco, CA 94103
    3 Bedroom, 2.0 Bath, 1 Parking
    Open House: Sunday 5/27/12 - 2:00 to 4:00 pm
    Full Detail
    Status: Active
  • 1277 Howard #3, San Francisco, CA 94103
    2 Bedroom, 2.0 Bath, 1 Parking
    Open House: Tuesday 5/22/12 - 1:00 to 3:30 pm, Thursday 5/24/12 - 1:00 to 3:30 pm, Saturday 5/26/12 - 1:00 to 4:00 pm
    Full Detail
    Status: Active
  • South of Market $629,000 Loft Condominium
    74 Brady #13, San Francisco, CA 94103
    1 Bedroom, 1.5 Bath, 1 Parking
    Open House: Tuesday 5/22/12 - 2:00 to 3:30 pm
    Full Detail
    Status: Active