I came across this beautiful wreck during a walk in my ‘hood last autumn and snapped this photo to catch the eerie light through the windows.
Purchased a year ago for $700,000, the 1300 sf house has grown to 4BR, 3 BA and 2462 square feet. Voila, the new 587 Jersey, just listed at a slender [...]
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Tags: Listings · Noe Valley
Back in May 2009, I showed that Noe Valley was not immune from the slump in prices affecting the rest of the city, despite suggestions to the contrary from real estate agents, mavens and media.
Have things gotten any better? Well, no. And maybe.
Here’s a chart showing percentage change in single family home prices for the [...]
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Tags: Market news · Noe Valley
January 19th, 2010 · 2 Comments
Catching up on the endless paper-work the other night, I came across that rare thing: a property that sells twice in a relatively short time with no major renovations performed in the interim.
This “sales matching” technique is what the folks at Case-Shiller use to create their Indexes of property values across the country. Part of [...]
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Tags: Data · Market news · Noe Valley
As I mentioned in my previous post, I’ve had several questions about per square foot prices recently. There’s no doubt that it’s a very useful metric, for the obvious reason that it allows you to get closer to an “apples to apples” comparison of the value of two different properties that are different in size. [...]
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Tags: Noe Valley
September 16th, 2009 · 3 Comments
It’s been a few months since I took a look at my own stompin’ ground, Noe Valley, and how prices have been doing compared to the city as a whole. We dispensed with the notion that Noe Valley was somehow “immune” some time ago. Sadly — at least for home-owners — and happily for buyers, [...]
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Tags: Data · Market news
September 6th, 2009 · 2 Comments
Walking my dog, yesterday afternoon and I was brought up short by this beautiful wreck around the corner from where we live.
Light and shadow from the rafters seemed to make the windows glow like cardboard cut-outs.
Here’s the scoop: Listed in mid-May for $799,000, sold on June 25 for $700,000. 1360 square feet of original detail. [...]
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Tags: Listings
September 2nd, 2009 · 1 Comment
Back in February I posted about two $2.1 million homes offered for sale in my ‘hood. 731 Douglass had 3,000 square feet of good, livable space and the sorts of finishes and flourishes you’d expect. But it had no back yard and was located on the fairly busy corner of 24th Street and Douglass, with [...]
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Tags: Listings
August 5th, 2009 · 1 Comment
Ken Rosen, Chair of the Fisher School For Urban Economics over at UC Berkeley, has good news for San Francisco home owners. “The recent rise in home prices and sales activity lead us to believe that the worst part of the correction in home prices is behind us and that housing market conditions are showing [...]
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Tags: Economy · Market news
Noe Valley has its 24th Street shops and cutesy cafés. Cole Valley has, well, its Cole Street shops and cutesy cafés. The two neighborhoods have been engaged in a friendly battle for the hearts of San Francisco homeowners for as long as I can remember.
After doing a guest post on Noe Valley price trends at [...]
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Tags: Cole Valley · Data · Market news
I’ve been having an interesting discussion with a regular reader of theFrontsteps, where I first posted my chart on Noe Valley Percentage Change from All-Time High. He disputes the fact that Noe Valley has fallen by 30% from its all-time high (reached in March of 2008) because he claims — I think — that March [...]
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Tags: Data · Market news