The Nob Hill unit where three comparable sales span a $2.45M range
A 3,197-square-foot unit in a 1929 Nob Hill building hits the market at $5.25M. In the same size band over the past six months, exactly three sales closed — at a median of $5.2M.
The most telling number for 1250 Jones Street #1201 is not its $5.25M list price. It is the market it is entering: in the 2,558–3,836 square foot size band across San Francisco, only three sales have recorded in the last 180 days, at a median of $5.2M and a median of $1,896 per square foot.
At $5.25M on 3,197 square feet, this unit is priced at roughly $1,642 per square foot.
| Detail | Record |
|---|---|
| Address | 1250 Jones Street #1201 |
| List price | $5,250,000 |
| Bedrooms | 3 |
| Size | 3,197 sq ft |
| Lot | 10,278 sq ft |
| Year built | 1929 |
| MLS | SF426146898 |
| First listed | October 17, 2026 |
| Active listings in market | 196 |
How it compares with homes like it
The peer rule here: condos and multi-unit residences, 2,558–3,836 square feet, all bedrooms, San Francisco, last 180 days. That window produced three sales — too few for a median to carry statistical weight, but enough to orient the listing.
The three recorded sales in that band closed at $4.25M, $5.2M, and $6.7M. The $6.7M sale at 2946 Pierce Street was a 4-bedroom, 2,915-square-foot home that changed hands on September 9, 2026, at $2,298 per square foot — the highest per-square-foot figure in the group. The $5.2M sale at 1945 Hyde Street #4, a 2-bedroom unit of 2,742 square feet that closed August 21, 2026, is the closest in price to the new listing. The $4.25M sale at 840 Powell Street #602, a 4-bedroom unit of 3,077 square feet, is the nearest in size.
With only three data points, any per-square-foot range is a narrow ledge rather than a firm floor.
Comparable sales
These are the recorded sales the size-band comparison rests on. All dates are based on MLS status change.
| Address | Recorded | Price | Sq ft | $/sq ft | Distance |
|---|---|---|---|---|---|
| 2946 Pierce Street | Sep 9, 2026 | $6,700,000 | 2,915 | $2,298 | — |
| 1945 Hyde Street #4 | Aug 21, 2026 | $5,200,000 | 2,742 | $1,896 | — |
| 840 Powell Street #602 | Aug 22, 2026 | $4,250,000 | 3,077 | $1,381 | — |
Three sales span a $2.45M range in price and a $917 range in price per square foot — a reminder that in this size band, condition, floor, and view likely move the number more than the median does.
Condos and townhomes across San Francisco
The three-sale size band sits inside a broader 180-day picture for this property type. Among the 130 sales recorded across all sizes and types in the last 180 days in San Francisco, the subject's $5.25M list price lands at the 97th percentile — only four recorded sales exceeded it, and the highest was $8.5M. The active inventory at time of listing stands at 196 homes on the market.
Note: the 97th-percentile figure and the $8.5M recorded high are drawn from a mixed-type pool that includes single-family homes alongside condos and multi-unit residences. The size-band comparison above is the more like-for-like read.
How the San Francisco market is doing
Across all property types and sizes in San Francisco, 130 sales recorded in the last 180 days. The median sale price was $1,466,000 on a median of 1,220 square feet, at a median of $1,237 per square foot. The recorded range ran from $563,000 to $8,500,000. No year-ago comparison is available for the same window. These figures cover the full market — houses, condos, and everything between — and are included as context only, not as a benchmark for this listing.
Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272
- 840 Powell St · Nob Hill
- Clay Jones · 1250 Jones St · Nob Hill
Tim McMullen, CA DRE #02016832. Real estate services provided by Tim McMullen, Broker, CA DRE #02016832. Figures are from recorded sales; nothing here is an opinion of the value of any home.