Hayes Valley is an interesting neighborhood. Ironically, the destruction caused by the Loma Prieta earthquake in ’89 actually helped this gem spring to life. The earthquake led to the demolition of a freeway on-ramp, which let the light finally shine in and Hayes Valley officially took off. Nineteen years later, the streets teem with pedestrians, funky shops, restaurants, bars, cafes and coffee houses.
So what’s happened to median sales prices of real estate in HV? I mean, surely it has gone up since the quake, but what about the dot com bust, and the current down market? What’s going on now? Here’s a look at the chart and here’s what we did:
First we capped each year Read the rest of this entry ?