Archive for the ‘Blog’ Category
San Francisco & Bay Area Home Values – in Maps
May 2013 Update
Below are 3 maps delineating recent median home sales prices and/or average dollar per square foot values for San Francisco neighborhoods and communities around the Bay Area. These statistics are generalities which may fluctuate for a variety of reasons, but still give an idea of comparative home values in and around the city.
Generally speaking, home price appreciation is continuing and indeed accelerating in 2013, extending the upward swing that began in 2012. This is being supercharged by increasing demand meeting inadequate supply. For more information about current market conditions and trends, please click on the “Market Dynamics Charts” link above.
In the maps below, “k” signifies thousands of dollars; “m” signifies millions; “$/sf” means average dollar per square foot; and “N/A” means there wasn’t enough data to generate a reliable number.
Home Values around the San Francisco
San Francisco Neighborhood HOUSE Values
San Francisco Neighborhood CONDO Values
Real estate statistics in the Bay Area are based upon that relatively unique basket of homes that happen to sell within any given period, so instead of being exact measurements applicable to specific properties, they should be considered indications of the direction and approximate scale of market trends.
Median price is that price at which half the sales occurred above and half below – a single additional sale can sometimes make a 3-5% difference in overall median price, especially when the number of sales is low. Dollar per square foot is based on “livable space”, which should not include decks, patios, yards, garages, unfinished basements and attics, or rooms built without permit (“bonus rooms” and “in-law apartments”). Square footage figures are often unreported, measured in different ways or simply unreliable. Both these statistics can be affected by other factors besides changes in value, such as seasonality, available inventory, variations in buyer profile, changes in the distressed and luxury home markets, and variations in average home size (all things being equal, a smaller home will have a lower sales price but a higher dollar per square foot value than a larger home).
These analyses were performed in good faith with data derived from sources deemed reliable, but they may contain errors and are subject to revision. If you have any questions, please contact us.
Be prepared in the event of a natural disaster
Natural disasters are something nobody wants to think about, but a little preparation can make all the difference if one does occur. The website www.72hours.org provides a wealth of useful information.
Bernal Heights Fiesta On The Hill – October 21
For more than 20 years this neighborhood street fair has drawn people to this fun family-friendly event featuring pony rides, a petting zoo, pumpkin patch, local artists and live music!
Click here for more information!
Castro Street Fair – October 7
The Castro Street Fair was founded by Harvey Milk, and the group he led, the Castro Valley Association, in 1974. The fair features multiples stages with live entertainment, DJs, food vendors, community-group stalls as well as a curated artisan alley with dozens of Northern California artists. Due to community pressure the fair restructured the organization and partnered with local charities to collect gate donations and partner with groups at the beverage and beer booths to raise money for those charities.
Click here for more information!
Hardly Strictly Bluegrass Festival – October 5-7
Yes, the Hardly Strictly Bluegrass festival will go on!
Click here for more information!
Fleet Week – October 4-8
From its humble beginning in 1911, the Navy’s flight program has grown to become a guardian of freedom for America and its allies. The U.S. Naval Aviation program includes three branches of the military: the Navy, the Marine Corps and the Coast Guard. This year San Francisco Fleet Week spectators will be captivated by the dynamic performances of the Marines AV-8B Harrier and by TWO jet teams, The Blue Angels and Canadian Snowbirds!
Click here for more information!
Folsom Street Fair – September 23
The Folsom Street Fair (FSF) is an annual BDSM and leather subculture street fair held on the last Sunday in September and caps San Francisco’s “Leather Pride Week”. The Folsom Street Fair, sometimes simply referred to as “Folsom”, takes place on Folsom Street between 7th and 12th Streets, in San Francisco’s South of Market district.
Click here for more information.