Archive for December 11th, 2008

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The Over $3 Million Club

December 11, 2008

Very few sales in San Francisco have the claim to fame that they sold for over $3 million.  Matter of fact, we found out while writing this post that the $3 million plus category accounted for 2.64% of all sales in 2008 thus far.

Is there any activity in the high end?

Is there any activity in the high end?

But how has this category changed over time?  Due to rumors circulating about activity in the high end of the market, especially over the last year or two, we wanted to find out.  We looked at numbers of sales in this elite group dating back to 1995.  Granted, there is inflation to account for, we still were interested in the trend and were particularly keen on looking at the time period from 2005 through 2008.

Here’s a look at the numbers: Read the rest of this entry ?

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Getting Granular in Duboce Triangle

December 11, 2008

Duboce Triangle is a tiny but beautiful part of San Francisco.  Classic Victorians line the lush streets.  The flat, walkable neighborhood sits under a canopy and is home to the cute Duboce Park.

If you like trees, then Duboce Triangle may just be for you

If you like trees, then Duboce Triangle may just be for you

We often get a kick out of newcomers who pronounce the neighborhood “Du-bot-chee”.  To clear up any confusion for visitors and newcomers, it’s pronounced “Dew-bose”.

So what kinds of home price trends are we finding in the area?  There are few sales within the neighborhood’s boundaries (due to its small geographic area), but we ran numbers anyway to see if we could at least identify an overall trend.

To view the trends, continue reading –>

Read the rest of this entry ?

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Distribution of Sales Prices

December 11, 2008

Have you ever been curious about how many properties sell within a certain price range around San Francisco?  Well wonder no more.  We have built the charts and are ready to show you the numbers.

Time to run those numbers...

Time to run those numbers...

But first, a little background on data gathering.  We searched for all sales in the city of San Francisco ranging from January 1 through December 10 of this year (2008, if you haven’t caught on by now).  We tallied up the number of sales in 13 different segments.  The segments go from $0 through $249,999, $250,000 through $499,999, and onwards in quarter million dollar increments from there.  We stop at $3 million and include all sales above $3 million in one category.

MLS currently shows a total of 4,210 sales of single family homes, condos, lofts, TIC’s, and stock cooperatives within the city of San Francisco for 2008 (thru December 10).  Here is the distribution, and keep in mind, this is for all of San Francisco – from Bayview to Pacific Heights:

Distribution of 2008 Sales (click to enlarge)

Distribution of 2008 Sales (click to enlarge)

For the pie chart and commentary, continue reading –>

Read the rest of this entry ?

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