Getting Granular in Duboce TriangleDecember 11, 2008
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 –>
We looked at median sales prices for properties in the nabe dating back to 1995. The median was calculated using all sales from January 1 through December 10 of each year (the reason we cap each year at December 10 is so we can include 2008 and get an even comparison). Here’s a look at the data:
The blue line represents condos only, and an average of 11 sales go into each yearly point on this line. Not many but we can still see a trend. A total of 15 condos have sold in Duboce Triangle thus far in 2008.
The pink line represents all sales in Duboce Triangle from condos, TICs, lofts and stock cooperatives. There are an average of 17 sales going into each yearly point on this line.
As you can see, the overall trend is upward and no evidence exists of a dip here in 2008.
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