Stats & Numbers: San Francisco Single Family Home & Condo Median Price, Sales Rate (DOM), & Supply/Demand December 2006 thru December 2008
You like data? It’s your lucky day. The San Francisco Association of Realtor’s most recent issue of Advantage Online is loaded with pertinent market data and of course we’re bringing it to you.
This image below is for San Francisco Median Sales Price Condo and Single Family Residence combined. Click image for the details.
The image below is for San Francisco Supply and Demand Condo and Single Family Residence combined. Click image for the details.
The image below is for San Francisco Sales Rate (DOM) Condo and Single Family Residence combined. Click image for the details.
The links to ALL of the other reports can be found below. Enjoy!
-Median Price Charts, Condo & Single Family, December 2006 thru December 2008 [Terradatum]
-Supply/Demand Charts, Condo & Single Family, December 2006 thru December 2008 [Terradatum]
-Sales Rate, Condo & Single Family, December 2006 thru December 2008 [Terradatum]
-Supply/Demand, Condo, December 2006 thru December 2008 [Terradatum]
-Supply/Demand, Single Family, December 2006 thru December 2008 [Terradatum]
-Median Price, Condo, December 2006 thru December 2008 [Terradatum]
-Median Price, Single Family, December 2006 thru December 2008
-Sales Rate (DOM), Condo, December 2006 thru December 2008 ]Terradatum]
-Sales Rate (DOM), Single Family, December 2006 thru December 2008 [Terradatum]
January 14th, 2009 at 3:10 pm
this is becoming a pet peeve of mine, why only 2 years worth of data ? I think you need a minimum of 10 years worth of data before you can make a decision, 20 would be much better. How can you tell anything about a market with 2 years worth of data ?
Everyone agrees RE is cyclical well with 2 cycles how can you derive any conclusion ? Would you like at 2 days or 2 weeks of stock market history ?
January 14th, 2009 at 3:23 pm
Of course the more data points the better, but as it is these graphs tell the story of the (latest) bubble burst. The top of the market by any measure appear to have occurred around June 2007 (though the trend estimate seems to lag a few months behind). The escalation of the decline in recent months is also noteworthy. Sure, it does not give enough information about the “fair value” of properties, but does provide some pretty clear rules of thumb. Judging by the number of properties that have been bought in mid 2007 and that are priced higher by sellers today, this is a reality check that is much needed.