Guest Spot on KTVU-2 @ 4 to Discuss SF Real Estate

Posted On: February 23, 2016
By: ffdadmin

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:

2-22-2016 FOX KTVU 2 San Francisco – Money Matters with Keba Arnold 4pm show from SF Modern Condos Team at Zephyr on Vimeo.

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.

 

Graphic showing new construction condo model pricing compared to resale market condo pricing over past 6 months in San Francisco

Graphic showing new construction condo model pricing compared to resale market condo pricing over past 6 months in 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.

Area Median Prices by San Francisco MLS district

Area Median Prices by San Francisco MLS districts 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.

Price Appreciation by San Francisco MLS districts since 2011

Price Appreciation by San Francisco MLS districts since 2011

I look forward to hearing your thoughts, either here on the blog or on our facebook page or twitter stream.