Real Estate Insight, Statistics, Gossip, and News – with a Twist and some Flavor

How Much Have San Francisco Home Values Declined Since Their Peak?

Wednesday, February 11th, 2009

Paragon Real Estate has the answer.

A snapshot of declining price per square foot shows the Bayview Hunters Point district down 25%, Richmond District down 6%, Sunset down 11%, SOMA down 22.5%, Noe Valley down 7%, and Pacific Heights also down 7%:

Declining SF Values, Click image to enlarge

A snapshot of declining values by price doesn’t look much better with the number of sales down in all price ranges except the sub $500,000:

Click to enlarge

We’ve said it before, and we’ll say it again…It’s a great time to be a buyer.

-How Much Have San Francisco Home Values Declined [Paragon Real Estate]

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