Author Archives: Misha

Spring Arrives in Noe Valley and Home Sales Warm Up

January is the cruelest month for the housing market. Every winter, sales flatline for a month or two, before reviving with the spring. This year, there were just seven sales in Noe Valley (Subdistrict 5.C) in January and February.  That’s … Continue reading

Posted in Data, Home Spotting, neighborhoods, Noe Valley | Tagged , | Leave a comment

Home-Spotting: Second Time Around, 285 Douglass sells for $250,000 over asking

Explain this one to me please.   Elegant if dowdy Victorian lists for $2.349 million in September 2010 and sits there for three months with no takers.  Relists in April at $2.3 million and in contract seven days later at $250,000 … Continue reading

Posted in Home Spotting, Noe Valley, single family homes | Tagged | Leave a comment

Who to Believe? Case Shiller or Ken Rosen

Case Shiller may be talking about double dip but Ken Rosen sees a somewhat brighter future for San Francisco’s residential real estate market. Here’s the doom and gloom at the national level from the recently released Case Shiller Report for … Continue reading

More Galleries | Leave a comment

Price-Shopping San Francisco’s Neighborhoods

This gallery contains 4 photos.

  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

More Galleries | Leave a comment

Noe Valley Sales Distribution Returns to Normal in 2010

This gallery contains 1 photo.

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

More Galleries | Leave a comment

Noe Valley Back Smartly in 2010

    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

Posted in Data, Market news, Noe Valley, single family homes | Tagged , , , , | Leave a comment

What’s A Better Value in San Francisco, A Condo or a Home? (Part 2)

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

Posted in Data, Market news, single family homes, Tenancy In Common | Tagged , , , , | 2 Comments

What’s a Better Value in San Francisco, A Condo or a Home? (Part 1)

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

Posted in Condominiums, Data, single family homes, Tenancy In Common | Tagged , , , , | Leave a comment

2010 San Francisco Residential Wrap-Up: Why condo owners may not be celebrating.

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

Posted in Condominiums, Data, Market news, Tenancy In Common | Tagged , , , , , | Leave a comment

The 2010 Residential Wrap-Up: What’s goin’ on? Not much.

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

Posted in Data, interest rates, Loans, Market news, Noe Valley, single family homes | Tagged , , , , , | 1 Comment