> Back Bay is also a tiny neighborhood. I don't know how much area each of these neighborhoods really covers, but Back Bay looks similar in size to Pacific Heig

> Back Bay is also a tiny neighborhood. I don't know how much area each of these neighborhoods really covers, but Back Bay looks similar in size to Pacific Heights. Back Bay is 340 acres, Presidio Heights is 140 acres... > As I mentioned in response to your other comment, comparing the most expensive areas is not actually very illuminating. Back Bay is not representative of Boston, just as Presidio is not actually representative of SF. Outliers are by definition not representative. I was using it to illustrate a point because some people insist on comparing entire cities average prices to determine what city has more expensive housing... > Average for 2005+ construction in SoMA is $783,000. The average for 2005+ in SF as a whole is $1,199,000. So you're actually not even comparing with an average for SF. You're comparing with a cheaper neighborhood. (Mostly it's cheaper because the sample size is too small. If you drop the 2005+ filter, the pricing for SoMA is basically the same as SF as a whole. Again, evidence that tiny samples of small neighborhoods is not a fair way to compare.) Again, you are making the mistake of comparing aggregate prices. You can't say SF is more expensive than Boston even if average(SF) > average(Boston) because it doesn't tell the whole story. - The housing stock is older than in SF - Boston land area is twice the size as SF I'm not sure what would satisfy your notion of like for like, but from my time in SF and Boston I feel pretty comfortable comparing Back Bay and SoMA purely in terms of relative location, public transportation, crime, housing density, "culture", etc. > Back Bay is also an absurdly small sample. There are only 7 properties listed. Multiple units in the same brand new buildings are effectively the same sample. As I noted, Presidio actually has no new construction properties for sale. This isn't an accurate picture of SF, though. It's not really even an accurate picture of Prisidio, because the sampling is not reliable (zero samples for new construction, and only 6 samples for all construction). I just checked Redfin and I see there are 21 homes built since 2005 and 89 overall. If you are using Zillow that may explain why you aren't seeing all properties, I highly recommend switching to Redfin because it'll have more up to date information simply due it being an agent itself and not an aggregator.