San Francisco Real Estate Price Declines From All Time High (In A Graph)

We recently did a post on San Francisco’s core districts vs. San Francisco as a whole, and there were some questions that came up. Good thing our source is a data crunching junky and has sent us a new graph.

San Francisco Price Drops Compared to All Time High....CLICK TO ENLARGE

Those are some pretty hefty declines in all areas of the city and this chart is very telling as to where you should be pricing your home if you’re considering putting it on the market. It’s also very telling to show how much more quickly the “non core” districts of San Francisco fell, and how the core took a bit longer to fall, but then it plunged and now all areas are running about the same in terms of decline.

Sometimes we look at these charts and think that would be a fun descent on skis or bike.

-Source: Misha Weidman

7 thoughts on “San Francisco Real Estate Price Declines From All Time High (In A Graph)

  1. This is a much better data set than the previous 1-2 year data sets. If the idea is to hold RE long term why would I look at the data in short term ?

  2. why don’t you also run the #’s on all districts EXCEPT D4 and D10. I doubt you’ll see a 26% decline. The decline in core districts would be an interesting number to see.

  3. 45yo hipster has a good point– how much are 4 and 10 pulling the other districts down (or maybe they aren’t.)

    id’ like to see that sort of the data as well.

    cheers

  4. Well since all districts are down by 28% and D3+D10 are down 26%, D3+D10 are not bringing the overall average down…

  5. some/sb/mb condos are not helping the “all districts” number. why only remove D3 & D10?

    i’d like to see a chart for D7 and D8-E. maybe throw in 5-C and even 5-M,K,J and even 9A

    also separating out price ranges…. we all know the under $1 million market is doing pretty well.

    whether or not that will continue, IMHO, is based on what happens to interest rates. the unemployment rate is a lagging figure… so we should be seeing the effect of UE now. yet prices are pretty firm under $1 million in the true “core”

  6. All good questions, and I hope to slice and dice answers shortly. It turns out that medians are not easy to generate using Excel and large data sets, so it’s been a bit labor-intensive to set up. Data and charts on condos will come but not so soon. I was thinking about running the data sets with Districts 3 and 10 excluded from the “all districts” data set, but my main purpose was to see if All-Districts was a good enough baseline to represent the city as a whole, and I think this graph proves that it is. That doesn’t mean, of course, that it represents any more specific area.

    Also, please note, the focus was on Districts 3 and 10, not 4 and 10. The consensus has been that these areas have been faring the worst. I can run the chart again without districts 3 and 10 included at all pretty easily. Stay tuned.

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