Archive for the ‘Appreciation and Hold Times’ Category
March 2, 2009
Sunnyside, aka District 4S, is located just south of Mount Davidson. San Francisco City College and the Sunnyside Conservatory are located here. The neighborhood is chock full of cute single family homes and has quite an interesting history.
We decided to take a look at the median sales price trend in the neighborhood as far back as MLS would allow (1995). We adjusted the medians for inflation using formulas from the Bureau of Labor Statistics, so we could control for the changing value of the dollar.
Is Sunnyside up or down?
To find out, continue reading –> Read the rest of this entry ?
Posted in Appreciation and Hold Times, Getting Granular, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis, Sunnyside | Tagged appreciation, depreciation, district 4s, rates, sales, san francisco, san francisco real estate, single family homes, Sunnyside, Tips, trends | Leave a Comment »
February 23, 2009
It’s time to narrow in on a San Francisco neighborhood again! This time we’ve chosen Potrero Hill and are putting the condo market under the magnifying glass. We looked at median sales prices for condos over a 14-year history and have compiled the findings here for your convenience.
The City as seen from Potrero Hill
To see all the stats and trends, continue reading –> Read the rest of this entry ?
Posted in Appreciation and Hold Times, Getting Granular, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis, Potrero Hill | Tagged appreciation, condominiums, condos, depreciation, potrero hill, sales, san francisco, san francisco real estate, trends | 1 Comment »
February 9, 2009
South Beach is an interesting part of the City to analyze. There has been so much development occurring in the past couple decades to make it a poster-child for urban renaissance. However, with rapid change comes big gambling. Big winners and in some cases, big losers.
"I've got a pair of South Beaches and a pair of Nob Hills... what 'chu got?"
We took a close look at the South Beach condominium market (which includes lofts) to see what types of trends are going on in the ‘hood. We’ve looked at trends here before, but we’ve taken the analysis a step further by 1) inflation-adjusting the values to account for the changing value of the dollar, and 2) overlaid the neighborhood trend with that of the entire City to gain a sense of relation.
Before we take a look at the trends, a few points about the data must be made. First, the data comes from MLS (like all of our analysis). Developers who are selling brand new condos (for example, at the Infinity) do not put their sales prices in the MLS. This is kept secret so they can adjust their sales prices on the fly, based on demand. You can thank them for that… it’s not our doing! Even though new development sales are left out of the analysis does not render the data useless, however. Resales (sales from one person to another) are tracked in the MLS, and it’s the resale market owners should be most concerned with.
With that said, here’s a look at what’s going on with South Beach condos on the whole: Read the rest of this entry ?
Posted in Appreciation and Hold Times, Getting Granular, Market Check Up, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis, South Beach | Tagged condominiums, condos, infinity, lofts, medians, san francisco, san francisco real estate, soma, south beach, south of market, trends, values | 1 Comment »
January 30, 2009
We’ve been busy. Very busy. We have been putting together our first post called “Market Check-Up”, in which we’ll delve deep into a local micro-market and give you all the stats, trends and analysis you could ever hope for. This is like our Getting Granular series on steroids. In this series you’ll see:
- Median Sales Price trends over the past 14 years, inflation adjusted using the Consumer Price Index!
- Sales Volume, as compared to the overall San Francisco market. You’ll learn how this neighborhood has increased or decreased in volume over time.
- How much appreciation or depreciation you would have realized if you owned your property for X amount of years (again, inflation adjusted).
- Year over year appreciation rates comparing our micro-market of choice to San Francisco as a whole. This will let you know if the neighborhood is a good or poor performer in relation to the entire City.
- Marketshare: You’ll learn how much of the overall San Francisco market this neighborhood is responsible for.
- Days on market trends and sales price to list price ratios.
- Absorption rates, numbers of Expired and Withdrawn listings.
- Add to that bullet points and commentary, and you’ve got yourself a good, all around micro-market “Check-Up”.
And we're underway!
Let’s get things started, shall we? The first neighborhood we’ve chosen is Pacific Heights and the property type is condominiums. Even if you’re not interested in this market segment, take a peek at the article so you can see all the glorious analysis that’s in store for your neighborhood soon.
Read the rest of this entry ?
Posted in Appreciation and Hold Times, Getting Granular, Macro-Level Info, Market Check Up, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis, Pacific Heights | Tagged absorption, condo market, condominiums, Cow Hollow, days on market, district 7, Marina, median values, Pacific Heights, Presidio Heights, sales price, san francisco, san francisco real estate, stats, Tips, trends | Leave a Comment »
December 9, 2008
Bernal Heights and Glen Park exhibit some very similar characteristics. We wanted to share with you how each neighborhood has performed over time, and thought the best way to do it would be a good old fashioned showdown.
Bernal and Glen Park, it's time to reveal those cards
The first chart we’re looking at shows median prices for single family homes, trending over the last 14 years. Here’s a peek:
Read the rest of this entry ?
Posted in Appreciation and Hold Times, Bernal Heights, Getting Granular, Glen Park, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis | Tagged analysis, appreciation, Bernal Heights, depreciation, Glen Park, houses, median sales price, san francisco, san francisco real estate, single family homes, Tips, trends | Leave a Comment »
December 7, 2008
District 7 is one of the most sought-after areas of the City. Beautiful architecture, amazing views, shop-lined streets, and pricey homes all abound here. The neighborhoods in District 7 include the Marina, Cow Hollow, Pacific Heights, and Presidio Heights.
District 7 is home to Cow Hollow. Clearly, this Cow has been shopping there...
We were curious to see how condominiums have appreciated or depreciated over time in the district. We studied the median sales prices for condos in the district, dating back to 1995. We plotted the points on a chart to gain insight into the overall trend, and then figured out how much appreciation you would have gained/lost if you owned for X amount of time. Keep in mind that these are all based on the median sale price each year. With that said, here is a look at the data:
District 7 Neighborhoods - Median Sales Prices for Condos Over Time (click to enlarge)
Keep reading for the appreciation and hold time chart –> Read the rest of this entry ?
Posted in Appreciation and Hold Times, Cow Hollow, Marina, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis, Pacific Heights, Presidio Heights | Tagged appreciation, condominums, condos, Cow Hollow, cows, depreciation, Marina, market conditions, median sales prices, Pacific Heights, Presidio Heights, prices, san francisco real estate, trends | Leave a Comment »
December 4, 2008
We’ve been hearing a lot of talk lately about how the high-end of the real estate market is performing better than the overall market. But what about here in San Francisco? Some reports tout that the luxury market has remained relatively unscathed, while others say that there is a lag and it will soon be hit. We wanted to sample some neighborhoods around San Francisco so we could get a feel, not just for the high end of the market, but also for the middle and low ends.
Here’s what we did. The most expensive single family home to sell in 2008 (per the MLS) is in Pacific Heights. The least expensive single family home to sell in 2008 is in Bayview. The neighborhood with the highest number of median-priced sales (median is currently $835,004) was Central Sunset. These 3 neighborhoods are our three samples from around the city of the high, the middle, and the low end.
The results from our analysis?
How you fared if you owned your property for... (click to enlarge)
For our commentary, continue reading –> Read the rest of this entry ?
Posted in Appreciation and Hold Times, Bayview, Central Sunset, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis, Pacific Heights | Tagged advice, analysis, appreciation rates, Bayview, Central Sunset, depreciation, hold times, Pacific Heights, san francisco, san francisco real estate, Tips, trends | Leave a Comment »
