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South of Market

California, USA. - San Francisco


South of Market - San Francisco

South of Market, also known as simply "SoMa", was a warehouse-filled district which turned into a wealthy area at the end of the 20th century. Warehouses were converted into high-end loft apartments. Fashionable bars and trendy restaurants opened to serve the new locals. Nowadays, a new well-off generation leave in South of Market, which is considered as a growing high-end residential neighbourhood. The views of the district changed dramatically, mostly in terms of architecture as Patrick's Church is juxtaposed against modern offices and Daniel Libeskind’s striking Contemporary Jewish Museum. The expansive neighbourhood south of Market Street is distinguished by a few pockets of special interest as it is home to prominent museums, including the San Francisco Museum of Modern Art, the Cartoon Art Museum, and the California Historical Society.

Listings in South of Market
Aperçu du marché

San Francisco has always been considered as one of the luxury real estate leaders thanks to its dynamism and its attractiveness. Therefore, this is one of the favourite destinations of American billionaires.The luxury real estate market in San Francisco is buyer's market and this upmarket represents 20% of the real estate transactions held in San Francisco. The market is particularly influenced by seasons as the wealthy population does not hesitate in taking summer or winter holidays. Besides, more and more high-end constructions are being built, which enlarge buyer's range of choices. This is a good period for buyers, who can enjoy a little decrease in prices.

L'essentiel sur les ventes

Before any investment, the potential buyer will have to contact a professional of the real estate sector. The latter will need his client's passport and other administrative and bank documents to testify his identity and his solvency. The buying process is really fast (around one month). You do not need to have the American citizenship nor the famous Green card but you are required to provide a social security number (SSN), which is obligatory to fill in the tax return (that is only $100 for a property).

Besides, it is highly recommended to purchase an insurance regarding the ownership title in order to be secured in case of potential recording error.

Our most active agent

Mark A. McLaughlin

Director at Pacific Union International CEO English
San Francisco
Hotspots in San Francisco

Situated in the State of California, between the San Francisco Bay and the Pacific Ocean, San Francisco is an iconic city which spreads over 600 square kilometers and hosts over 800,000 inhabitants. The city was created in 1776 and is now the fourth largest city in the United States and the third most visited place of North America. Tourism represents a major economic activity. Indeed, San Francisco hosts some of the most iconic landmarks of the USA, such as the Golden Gate Bridge, the Alcatraz Island, the Fisherman's Wharf, the Chinatown district or even the Painted Ladies. Visitors come to San Francisco to discover its famous cable cars and the legendary ascending streets. It is highly recommended to vi...

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