Yesterday I had the chance to join Keba Arnold and the amazing team at Fox KTVU-2 on their 4pm show to discuss the San Francisco real estate market. Video of the broadcast, first aired live at 4pm on February 22, 2016, is below:
One pricing model for brand new construction condo homes has shown a decrease since August, while metrics that track the newer resale condo market indicate a slight increase in sold price per square foot. It’s important to remember that both new and newer construction are clustered predominantly in several neighborhoods, typically in the central or southeast areas of San Francisco.
The San Francisco Association of Realtors has also published their annual report on the San Francisco county market, and it does an excellent job of capturing resale market data, both for condos and single family homes. Below you can see both the median sales price by district for the past 5 years, as well as the year-over-year change and change since 2011.
Below I’ve over-layed the appreciation since 2011 onto a map showing where the San Francisco Association of Realtors district boundaries are located.
I look forward to hearing your thoughts, either here on the blog or on our facebook page or twitter stream.