The answer to that question is an emphatic NO. We are simply slammed right now. No spare time to comment on the market, but we assure you that when we come up for air, we’ll have plenty to talk about. Till then, it’s nose to the grindstone. Thanks for hanging in there.
-The Editors
Please bear with us while we get our noses get grinded to to a nub.
After writing “Getting Granular in Noe Valley” a couple days ago [which has received tons of hits], we figured it would make for a nice contrast to take a swing at Excelsior. Located just south of I-280, the nabe is home to many interesting people and houses. Jerry Garcia even once called the Excelsior home.
Excelsior street signs - Photos by Jef Poskanzer
Like Noe Valley, the neighborhood has posted a generous amount of sales in 2009, making it a good candidate for a trending analysis. And since it’s significantly different than Noe, it will be a fun little exercise.
Single family home medians (click to enlarge)
Looking down towards Noe Valley - courtesy of Wikimedia
In Noe Valley there have been 85 single family home sales recorded in MLS for 2009. You know what that means! Time for a trending analysis, as we have a nice long string of sales for the year. What did we look at?
We calculated the median sales price for single family homes in Noe for the period of January 1 through September 1 of each year dating back to 1995. A trend became clear after plotting the values on a graph. But what about inflation? We added a second line to show what median values look like over the same time period when inflation is accounted for. The results?
Noe Valley SFH Trends (click to enlarge)
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