The relative stability of real estate in SF neighborhoods
The data-obsessive folks over at Zillow have just published their most-recent quarterly report for the Bay Area, with a focus on San Francisco. And although they tell the same story in many ways that everyone else already knows, they also have some very interesting neighborhood-by-neighborhood breakdowns as well as the relative price indexes of neighborhoods compared to ten years ago.What's most interesting is that the top 10 from 1996 are still the top 10 now, even though the Inner Richmond moved up (+4) and Russian Hill moved down (-4) in ranking. Outside of that, the obvious neighborhoods that we know to have gotten more expensive, have in fact, gotten more expensive relative to the rest of the city (Mission, Bernal, Glen Park), while others that seem expensive now have dropped with relation to the rest of the city (Nob Hill, North Beach, Western Addition).
The four-page PDF file can be found here.
Warning: This is fascinating data, and you will likely lose a solid hour of productivity at work if you open this...
Happy reading!
Quarterly Home Value Reports [Zillow]
Image courtesy of Zillow
posted by Matt Lanning @ 12:51 PM
1 comments
links to this post
1 Comments:
Looks like there's a likely inconsistency in the zillow data. Specifically, Table 1 says the one year appreciation of SF homes and condos is about 8%. But Table 2 which looks at 1 year appreciation by area within SF, shows only 2 areas (Bayview and Financial District) above 8% and many well below. Table 2 makes it appear that one year appreciation city-wide is closer to 2%. Wonder if the zillow folks can explain the discrepancy.
Post a Comment
Links to this post:
Create a Link
<< Home