Friday, November 20th, 2009
So we’ve heard from Realtor Economists, we’ve heard from our Association of Realtors, and looky there! Now we get to hear what Zillow thinks the real estate market is doing! Fantastic!
Have a look at San Francisco Home Values:
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Now have a look at San Francisco Median Sales Price (Holy Crap Batman! It looks like Prices are all over the map!):
In all seriousness, their graphs are pretty cool and certainly fun to play around with, and if you look at their charts, our values have clearly hit a bottom and are going up, baby!!!!
-Rent vs. Own Interactive Graph [theFrontSteps]
-Zillow Home Values For San Francisco
Tags: charts, data, graphs, Market News, market trends, real estate, trends, zillow
Posted in market info | 1 Comment »
Monday, September 21st, 2009
[Source and more commentary: Misha's Musings]
Tags: charts
Posted in Stats & Numbers | 4 Comments »
Thursday, May 28th, 2009
From the author of these graphs:
The monthly sales data for Subdistrict 5E (Cole Valley/Parnassus/Ashbury Heights) is so low that running percentage declines off of median values, as I did for Noe Valley, would have been worthless. As several of your readers and I myself pointed out, it’s hard to draw conclusions when there are very few data points.
Instead I ran the percentage declines off the “95th Percentile” value, which the statisticians among your readers will know means that 95% of the sales fall below that value. Hence, it represents a “high”, while excluding the potentially aberrational top 5% of values.
After looking at this chart, I sort of threw up my hands. With only 179 sales in over 6 years, it’s not sensible in my view to draw conclusions about monthly trends in Cole Valley, let alone to compare them to Noe Valley, where the “core” area alone — Subdistrict 5C (Noe Valley) — had over 900 sales during the same period.
So I re-ran the numbers and calculated medians based on annual sales. The second chart shows the results. I think this is much easier to understand. Again, with so few sales, one should be careful about drawing any conclusions, and with only 5 sales in 2009 so far, I think it’s too early to conclude that the apparent drop in median prices for 2009 will continue to be accurate. Rather, I’d say that Cole Valley seems to have been holding up pretty well.
And we’d have to agree and argue this is yet another reason why Cole Valley is superior to Noe Valley…
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Thanks again to Misha Weidman for the charts and analysis. Good to have a data geek on staff. 
Tags: charts, Cole Valley, data, Home Sales Data
Posted in Cole Valley, Stats & Numbers | 4 Comments »
Monday, March 9th, 2009
We asked, and Misha delivered:
It is important to note, as Misha does:
This chart, while it does illustrate something meaningful about the overall SF market, doesn’t tell you anything about values in any particular neighborhood. It lumps together data from neighborhoods as diverse as Hunter’s Point and Visitacion Valley in District 10, which has been slammed for well over a year now, with neighborhoods like Noe Valley in District 5 and St. Francis Wood in District 4, both of which seem to be holding up pretty well.
Regardless, it is great data, and we know you love it, so have a look. Click the image to go to a larger version.
Tags: charts, data, Home Prices, trends
Posted in Readers’ Reports, San Francisco Real Estate, Stats & Numbers, market info, real estate, san francisco | 12 Comments »
Tuesday, October 21st, 2008
click photo to enlarge image
NUMBER OF UNITS is the equivalent of number of sales/transactions. For condominiums, each unit is treated as a sale. For 2- to 4-unit buildings, the “building” is treated as a sale.
NUMBER SOLD is the number of properties in the market segment that closed escrow during the month.
NUMBER FOR SALE is the number of active properties on the market for one day or more during the month.
MEDIAN PRICE (SOLD) reflects the “middle” price point of a group of properties that have successfully closed escrow on a monthly basis, i.e. half sold for more and half sold for less than the median price. Tracking the movement of median prices over time provides a good indicator of the direction market forces are moving.
If the percentage change is positive between the two periods then there is upward pressure on prices in that market segment. If the percentage change is negative between the two periods then there is downward pressure on prices in that market segment.
AVERAGE DAYS ON MARKET (DOM) reflects how long it has been taking (on average) to draw an offer on a reasonably priced property exposed to the market. The AVERAGE DAYS ON MARKET is defined as: The average number of days it took all of the properties that went under contract during the period to accept a first position offer.
MONTH’S SUPPLY OF INVENTORY (MSI) is a measure of how long it would take, in months, to sell the existing inventory at the current sales rate for the specific neighborhood and property type. The MONTH’S SUPPLY OF INVENTORY is defined as: The number of active properties on the market for one day or more during the month, less the number of properties that have been withdrawn or expired, divided by the number of properties that have gone under contract during the month.
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Data provided by Terradatum. For additional information about market statistics and/or additional information about Terradatum’s products and services, please call Terradatum at 1-888-212-4793 Ext. 2 or send e-mail to info@terradatum.com.
Tags: charts, median sales prices, single family home, statistics
Posted in theFrontSteps | 1 Comment »
