Real Estate - Financial District

Financial District, San Francisco CA. Distinguished by the cluster of high-rise towers between Grant Avenue, Sacramento and Columbus streets and the Embarcadero, the aptly named Financial District is San Francisco's main central business district. This area is home to the largest concentration of corporate headquarters, law firms, banks and other financial institutions. Montgomery Street (called the "Wall Street of the West") is considered the heart of the district, and the area is home to several shopping malls and parks, as well as plazas like the Justin Herman Plaza, where the city's New Year's festivities are held. Real estate in San Francisco's Financial District is comprised of luxury condos, which hold an average listing price of $1.5 million, though a median sales price of around $840,000 according to early 2010 reports.