The Sunset and Richmond Districts are two of the largest neighborhoods in the entire City. Both are comprised of “Inner”, “Central”, and “Outer” sections. They occupy the western side of the City and are separated by Golden Gate Park. Out of pure curiosity, we wanted to see how trends in the two areas have differed over the years.
Time to put up dem dukes
Because both areas are large, we have a luxurious number of data points (sales) from which we derived median home values. Single family homes are prominent in both neighborhoods, so all other property types were left out. Median value readings were taken in the two areas (combining inner, central, and outer into one reading) and plotted on a chart to see how each one has performed over time. In order to isolate market performance, we’ve inflation adjusted the medians to control for the changing value of the dollar.
What did we find?
