Archive for the ‘Getting Granular’ Category
January 16, 2009
My my, it’s been a busy week! My wife and I moved yesterday– so no time for blogging as we sought the answers to more important questions such as “hey, which box is our clean underwear packed in?” Thankfully, we’ve located them so we’re back up and running today. I had a little time amidst the unpacking to take a look at one of my favorite “renaissance” areas of the City, North Panhandle (aka, NoPa).
Moving is tough work. That's me in the front, wife in the back.
The ‘hood has been transforming for many years now. With architecture that wows at just about every corner, NoPa is home to much history and adds some amazing local color to our landscape. A few trendy spots have set up shop in the nabe and the Divis corridor is happening.
Condos are prevalent in the area, so we looked at trends in median values over the past 14 years. If you’re curious as to the trends, keep reading –>
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Posted in Getting Granular, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis, North Panhandle | Tagged 2008, median sales prices, median values, nopa, north panhandle, renaissance, san francisco, san francisco real estate, Tips, trends | Leave a Comment »
January 8, 2009
Diamond Heights is located in the central part of San Francisco. Condos and townhomes sprinkle the steep slopes of this neighborhood. Jaw-dropping views can be had in pretty much every direction. The neighborhood has a shopping center on Diamond Heights Boulevard which provides area residents with essentials. Interestingly, Diamond Heights was San Francisco Planning and Urban Research Association’s first project, “…intended to use redevelopment powers to use land on the hills in the center of the city to be developed with, rather than against, the topography. Few existing residents needed to be relocated for the redevelopment program, which included housing for a range of incomes, churches, schools, parks, and a commercial center”, according to Wikipedia.
View from Diamond Heights (courtesy of sfphotorama)
Since condos abound in the area, we wanted to take a look at median sales price trends over time. What we found was pretty neat.
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Posted in Diamond Heights, Getting Granular, Micro-Level Info, Nerdy RE Analysis | Tagged condominiums, condos, Diamond Heights, district 4b, san francisco, san francisco real estate | Leave a Comment »
December 17, 2008
Mission Dolores is one of our favorite parts of town. It’s been changing for the better for many years now, yet still retains a slight tinge of edginess to keep it honest. Dolores Park (aka “DP”), the main park in the neighborhood, has also improved dramatically over the years from its once drug-dealer, crime-ridden past.
Dolores Park - courtesy of indifference.com
Properties around the nabe are spectacularly unique (you won’t find a plethora of cookie cutter condos here). Victorians and palm trees line Dolores Street, which runs through the center of this artsy area. Shops, restaurants, boutiques, and bars are abundant and all within walking distance. Some properties have views of the City and public transit is easy peasy.
Condominiums are popular in the area, mainly located in 2, 3, and 4 unit Victorian-styled buildings. We ran some numbers to find out the scoop on median condo prices over time, and to see how 2008 shaped up. Here’s a look: Read the rest of this entry ?
Posted in Getting Granular, Micro-Level Info, Mission Dolores, Neighborhood Info, Nerdy RE Analysis | Tagged 2008, artsy, condominiums, condos, dolores park, hipster, median price trends, Mission Dolores, san francisco, san francisco real estate | Leave a Comment »
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
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 –>
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Posted in Duboce Triangle, Getting Granular, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis | Tagged 2008, appreciation, depreciation, duboce park, Duboce Triangle, median sales price, san francisco, san francisco real estate, 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:
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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 5, 2008
The Sunset… it’s the largest district in San Francisco and is divided into 3 parts, Inner, Central and Outer. The district registers high on the cute-single-family-home factor. Ironically, the Sunset is known for its persistent fog.
- The Sunset District (photo credit: Wikipedia)
Central Sunset shares many of the same characteristics with the Inner and Outer Sunset. Most of the housing stock was built from the 1920′s through the 1950′s on the streets’ perfect grid pattern. We were curious to see what median sales prices for single family homes have done in the Central Sunset over time. Here’s what we found:
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Posted in Central Sunset, Getting Granular, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis | Tagged Central Sunset, impeach, median sales prices, ocean beach, san francisco, san francisco real estate, sunset, sunset district, trends | Leave a Comment »
December 3, 2008
Miraloma Park is smack in the middle of San Francisco (ok, maybe a smidge south). Home to many cute San Francisco houses and nestled in between Mt. Davidson and Glen Canyon Park, this area is especially attractive for families. We’re often surprised about how many people don’t know where this little area is. For your reference, we’ve got some maps below:
Miraloma Park - Stuck in the Middle With You
Miraloma Park Boundaries
We wanted to see what single family home prices have done in Miraloma Park over the past 14 years. We looked at the median sales price for each year starting in 1995, working our way up to 2008. Because we wanted to include 2008, we capped each year at December the 2nd, so we could have an even comparison. What type of trend did we find in Miraloma Park’s single family homes? Read the rest of this entry ?
Posted in Getting Granular, Micro-Level Info, Miraloma Park, Neighborhood Info, Nerdy RE Analysis | Tagged central san francisco, glen canyon park, median sales prices, Miraloma Park, mount davidson, san francisco, san francisco real estate, single family homes, Tips, trends | Leave a Comment »
December 1, 2008
The Inner Mission (aka The Mission) is one of San Francisco’s most unique and happening neighborhoods. While it does suffer from higher crime than other parts of the City, that does not keep people from frequenting and living in this amazing area. Tons of great restaurants, bars, coffee houses, and clubs line the sidewalks for miles. Home to hipsters and habaneros, there’s something going on in the Mission 24 hours a day.
- The Inner Mission as seen from nearby Liberty Hill (click to enlarge)
We looked at median sales price trends for condominiums in the Mission over the past 14 years. Because the neighborhood caters to a younger crowd and is convenient to Penninsula commuters, we were especially curious to see how the dot com crash of ’01 affected median values in the nabe. What did we find? Read the rest of this entry ?
Posted in Getting Granular, Inner Mission, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis | Tagged condos, Inner Mission, median sales prices, san francisco, san francisco real estate, the mission, Tips, trends | Leave a Comment »
November 22, 2008
We hope you’re enjoying our series, “Getting Granular.“ After all, real estate trends on the neighborhood level are what’s important to most homeowners and people considering buying. We’ve been surprised at some of the results in our analyses, and this installment is no exception.
Looking at median sales prices in SoMa (South of Market), we expected to see a decline. SoMa is a funny neighborhood. First off, it is pretty massive (by SF standards). Second, it is divided into East SoMa (which is a bit nicer), and West SoMa (which is a bit grittier). Third, it is a neighborhood in transition. There are many other reasons why SoMa is a unique neighborhood, but we’ll keep it to those three for now.
- Are prices in SoMa headed south?
Lofts and condos are king in SoMa. The neighborhood may not appear like much to outsiders who drive the streets, but if they only knew what was behind some of those façades, they’d see that the ‘hood has some truly spectacular properties.
Because SoMa is largely in transition, and we’re in a down economy, we expected to see a bit of stagnation and possibly a decline in median values. Improvement of transitional areas tends to ride the coat tails of a growing economy — and we all know that’s not going on right now. So what did we find? Read the rest of this entry ?
Posted in Getting Granular, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis, SoMa | Tagged condos, lofts, median sales prices, mexico, san francisco, san francisco real estate, soma, south of market, Tips, trends | 2 Comments »
November 19, 2008
There’s only one neighborhood that truly looks down on the Financial District, and that is Nob Hill. Fancy balls, galas, crystal chandeliers, and velvet ropes spring to mind. The area boasts some of the most incredible views of San Francisco and has the high-priced property to go along with them.
Looking up California Street, which climbs Nob Hill (Courtesy of Bill Storage photo)
We researched median sales prices in Nob Hill. The area is largely comprised of condos, co-ops, and TICs. Therefore, single family homes were left out of the analysis. What did we find? Read the rest of this entry ?
Posted in Getting Granular, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis, Nob Hill | Tagged california street, co-ops, condos, financial district, median sales prices, nob hill, san francisco, san francisco real estate, startled, stock cooperatives, trends | Leave a Comment »
November 13, 2008
Russian Hill is one of our favorite parts of the City. With its proximity to North Beach, the Polk Gulch, Chinatown, the Marina, the Financial District, and the Bay, it’s a fantastic spot to live. Magnificent views of the Bay Area are in just about every direction. Cable cars go up and down beautiful, tree-lined Hyde Street, splitting the neighborhood in two. There’s no question that Russian Hill has that quintessential San Francisco feel.
Young DINKS* and well-to-doers mix with the monocle-clad in SF's Russian Hill
We were wondering about condo prices in the nabe. We’ve heard that the neighborhood has been extremely resilient, but let’s have a look at those numbers shall we?
Continue reading to see the trend –> Read the rest of this entry ?
Posted in Getting Granular, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis, Russian Hill | Tagged 2008, condos, median condo prices, monocle, november, russian hill, san francisco, san francisco real estate, trends | Leave a Comment »
November 11, 2008
South Beach. It’s like the San Diego of San Francisco. Everything’s new, chain stores line the pristine sidewalks, the weather’s great, and nary a pot-hole in the streets (well, except for 3rd Street, which is being torn to hell right now). The area was once a run-down industrial part of town, but thanks to the baseball stadium and San Franciscans’ newfound love for the Embarcadero, the neighborhood has taken off big time.
Of course with any neighborhood in as much flux as South Beach, challenges can occur. Developers can get overly greedy and outpace demand for homes, putting existing homeowners in a pinch. We’ve seen this happen in a lot of other markets, of which Miami is the poster child. Thankfully, for existing homeowners, San Francisco’s Board of Supervisors is very stringent on new development. It has to take place in the right places at the right times and in the right numbers.
- The SF Board of Supervisors poses for a portrait
Because of these forces at play, we were curious how current condo and loft owners are faring in the area. Read the rest of this entry ?
Posted in Getting Granular, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis, South Beach | Tagged at&t park, condos, embarcadero, god, lofts, median sales price, san francisco, san francisco board of supervisors, san francisco real estate, south beach | 2 Comments »
November 5, 2008
With its shops, nightlife, heavy foot traffic, and proximity to the water, its no wonder the Marina is a sought after neighborhood. Attractive architecture and manicured yards make for some truly magnificent properties.
We were curious about median sales prices in the nabe. We went back to 1995 and charted the neighborhood’s booms and busts, right up to the current year. We capped each year at November 3rd so we could include 2008 and get an even comparison. Here’s a look at the data:
- Click to Enlarge
Our first question with regard to the data… Read the rest of this entry ?
Posted in Getting Granular, Marina, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis | Tagged chrissy field, lombard, Marina, marina green, median sales price, november 2008, palace of fine arts, san francisco, san francisco real estate | Leave a Comment »
October 30, 2008
We have a new guest post on San Francisco’s popular real estate blog, theFrontSteps. This time we took a close look at condominium trends in the Haight/Ashbury neighborhood over the past 15 years and added our colorful commentary. Click HERE to read the article.
For more “Getting Granular” articles, click HERE.
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Posted in Getting Granular, Haight Ashbury, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis | Tagged condos, Haight Ashbury, hippie, median sales prices, san francisco, san francisco real estate | Leave a Comment »
October 29, 2008
Eureka Valley and Dolores Heights are San Francisco staples. We were curious to see what has happened to median sales prices in the area since 1995. The area is unique in that it has a nice blend of single family homes and condos/tics. Because of this, we looked at trends in all property types. Here is a look at the data:
- Median Sales Prices – Click to Zoom
What can we see here? Read the rest of this entry ?
Posted in Castro, Getting Granular, Micro-Level Info, Neighborhood Info, Nerdy RE Analysis | Tagged castro, condos, dolores heights, eureka valley, real estate, san francisco, san francisco real estate, single family homes, tic, tics, trends | Leave a Comment »
