Archive for June, 2008

 

Prices in San Francisco- Fast Facts

Jun 13, 2008 in June 2008

People have asked me have prices fallen anymore? So here are some Fast Fact answers with the various districts in San Francisco. If you don’t know which number your district is shoot me an email at asheasf@gmail.com or call me today with any of your real estate questions!  

Single Family Homes 

 

District 1                                               May 2007                             May 2008

Number of Sales                                   18                                         26

Median Selling Price                             1,597,500                             1,433,642

Average DOM                                       35                                         34

 

District 2                                               May 2007                             May 2008

Number of Sales                                   48                                         51

Median Selling Price                             897,000                                835,000

Average DOM                                       32                                         35

 

District 3                                               May 2007                             May 2008

Number of Sales                                   16                                         10

Median Selling Price                             813,500                                639,500

Average DOM                                       37                                         53

 

District 4                                               May 2007                             May 2008

Number of Sales                                   36                                         27

Median Selling Price                            1,225,000                             1,087,680

Average DOM                                      33                                         35

 

District 5                                               May 2007                             May 2008

Number of Sales                                  36                                          35

Median Selling Price                            1,457,500                             1,299,000

Average DOM                                      32                                         29

 

District 6                                               May 2007                             May 2008

Number of Sales                                   5                                           3

Median Selling Price                            1,725,000                             979,000

Average DOM                                      37                                         47

 

District 7                                               May 2007                             May 2008

Number of Sales                                  13                                         14

Median Selling Price                           4,650,000                              3,545,000

Average DOM                                     36                                          49

 

District 8                                               May 2007                             May 2008

Number of Sales                                   1                                           2

Median Selling Price                             2,750,000                            3,670,000

Average DOM                                       94                                        118

 

District 9                                               May 2007                             May 2008

Number of Sales                                   17                                         15

Median Selling Price                             835,000                                900,000

Average DOM                                       50                                         29

 

District 10                                            May 2007                             May 2008

Number of Sales                                 43                                         41

Median Selling Price                           722,000                                570,101

Average DOM                                     49                                          47

 

District 11                                            May 2007                             May 2008

Number of Sales                                  19                                        13

Median Selling Price                           752,000                                593,000

Average DOM                                     58                                         46

  

(The above figures are quoted from the SFAR.)

Hayes Valley

Jun 05, 2008 in June 2008

Hayes Valley

 

Today’s news is on the proposed Homeless Shelter in Hayes Valley that almost no one knows about.

This development is going to consist of 120 units on the corner of Gough and Fulton for “very low income housing”.  Problem is, the city was not advertising this to the Hayes Valley Community thus many people did not even know about these proposed plans!

 

“The project, at this particular location sends a discouraging message to developers and investors as well as property owners who were promised sensible development and diversity after the Central Freeway was demolished. Demographics show that Hayes Valley is in jeopardy of becoming into a homogenous collective of exclusively low income, and subsidized housing.”

This quote was from a letter that was passed out in the community trying to find different ways to cope with the homeless problem rather than developing an area that the community has no say in.

 

When building a site that is designed for 120 units there is sure to be an impact on the community. This area is already congested with traffic and businesses. Is it really smart to build another set of buildings in this location?

 

For More Information Go To:

Parcelghayesvalley.blogspot.com