8/16/10 – 8/15/11 The charts below track San Francisco MLS home sales by price, average size and average dollar per square foot ($/sq.ft.) for the 12-month period ending August 15, 2011. Only homes listed as having at least one parking space are included. Within the charts, neighborhoods are listed by median sales price. “Avg Sq.Ft.” ...
Click to enlarge Months’ Supply of Inventory (MSI) = the number of months it would take to sell the existing inventory of homes for sale at current rates of market activity: The lower the MSI, the stronger the market. Less than 4 months of inventory is usually considered a “Seller’s marketâ€; 4-6 months, a balanced ...
“The number of technology jobs in San Francisco will soon surpass the record of 34,000 set in 2000, during the dot-com boom. It’s transforming once-troubled neighborhoods and setting off a scramble for pricey apartments. Reporting from San Francisco— When Twitter inventor Jack Dorsey decided to start a new company last year, he bypassed Silicon Valley ...
Julian made some excellent points at this morning meeting, especially his thoughts that the current stock market volatility does not compare to the September 2008 financial markets meltdown. Remember his website: www.thebasispoint.com. He mentioned how current conditions have once again plunged interest rates to the realm of historic lows. Here are the 5 year and ...
“San Francisco Assessor-Recorder Phil Ting announced Thursday that the value of the city’s real estate grew by nearly $2 billion in the past fiscal year, a contrast to decreasing property values in most other parts of California. The total roll assessment value, a combination of residential and commercial property values, grew by 1.3 percent to ...
click to enlarge click to enlarge click to enlarge click to enlarge click to enlarge Sunset/ Parkside/ Richmond SFDs: Average Days on Market click to enlarge Sunset/ Parkside/ Richmond SFD Months’ Supply of Inventory click to enlarge
The tech sector followed by the financial/business sector has fueled the growth in San Francisco causing rental rates to increase more during the 2nd quarter than in any other of the previous 10 quarters. For Q2, 2011: The city wide vacancy rate continued to drop for the quarter to 13.3% with Class A and Class ...
It’s a truism that the correlation between what a property will sell for vs. what it will rent for is one of the fundamental ways to assess whether a home is reasonably priced. In a recent Economist article, they said they believed that based on this equation, US homes were now very slightly undervalued. As ...
S&P Case-Shiller Overall Home-Price Index for San Francisco Metro Area Increases for 2nd Consecutive Month in May Case-Shiller High Tier Price Index Shows 3rd Consecutive Increase The Paragon Real Estate Group July 27, 2011 Update click to enlarge The Case-Shiller Index Deciphered For the San Francisco (City & County) Real Estate Market The S&P Case-Shiller ...
The July 2011 Market Overview by the Paragon Real Estate Group Generally speaking, monthly fluctuations up and down — especially of median price — are relatively meaningless unless continuing for an extended period of time. In real estate, the longer term trends, seen across a wide variety of statistical measurements, are the meaningful ones. This ...