Ripped from the coffee shop…or rather what I was asked today while getting an Americano.

The question is how much have single family homes in San Francisco gone down in value over the past 6 months? This is a great question! How has the stock market crash affected the housing market?

Of course, as you know, I hate looking at broad statistics. San Francisco is too big and variant to yield particularly helpful results if we look City-wide. Excelsior’s market has little to do with that of Pacific Heights, you know?

Yet, for a macro-perspective and for ***** & giggles, let us see.

This graph is for all single family homes in all of San Francisco. You can see that the median value fell 12.8% since June.

Although the median value is more helpful than the average, these statistics remain misleading. Our market has so many different types of homes. A super luxury sale can swing the numbers as can the fire-sales in the outer-lying neighborhoods.

Ask me about your particular neighborhood.

Check out a full version of the report HERE.

A home buyer on Trulia just asked about home values in Pacific Heights since June. Here you go!

Please note the number of homes sold. This is a VERY exclusive market so statistics here are based on so few homes…. Yet, it seems the value has not changed! View the entire report for Pacific Heights home values.

Bookmark (0)