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San Francisco’s most expensive neighborhood? In 2010, Pacific Heights beat out Sea Cliff by a long shot with a median price home costing a cool $3.5 million. (And after witnessing the tsunami in Japan, people may be willing to … Continue reading
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The median price of a single family home in Noe Valley in 2010 was $1,221,500. The median price of a condo or TIC was substantially less, at $768,000. Total sales for the year were 233 units, divided evenly between homes … Continue reading
After nearly two years of sharp declines, Noe Valley single family home prices recovered smartly in 2010. Not enough, however, for anyone to claim that Noe Valley is somehow immune from market forces affecting the rest of San … Continue reading
In my last post, I included a chart that showed both single family homes and condos stuck in relatively narrow price ranges over the last 18 months or so. At the end of 2010 the median price of a single … Continue reading
Real estate lore holds that if the market for single-family homes is doing badly, the condominium market will be doing worse. But what about San Francisco, which is the textbook case of a supply-constrained market with high barriers to entry? … Continue reading
Given the amount of bad news coming out of the housing market these days, you’d think that San Francisco condo and TIC owners would be celebrating the fact that values increased 4.5% in 2010. If no one feels like popping … Continue reading
Avid readers of this blog will recall that I hastily pulled my last attempt to post on this subject because of some errors in the data. Horrors. The errors caused 2010 to look like a much stronger year in terms … Continue reading
A belated Happy New Year everyone. One of my new year’s resolutions is to blog more frequently. I love blogging about real estate! I just need to get faster at it. This can be a challenge if you care about … Continue reading
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Say you want to spend around a million bucks to buy a house. Wouldn’t it be useful to know how much houses typically go for per square foot in that price range? Then you could take the square footage of … Continue reading
Courtesy of my gentle reader, JC, a moment of levity (click to enlarge): As an Aussie born and bred, I take umbrage at my homeland being represented by a beer as mediocre as Fosters, but at least we’re on the … Continue reading