Here are 2 mapped analyses of recent San Francisco house and condo sales by median sales price and average dollar per square foot for the last 4 months of 2012, broken out by neighborhood; 1 map of median prices around the Bay Area for the same period; and 2 maps that show median prices specifically for 3-bedroom houses and 2-bedroom condos around the city. These maps give an interesting overview of prices and values in the different areas of the city and Bay Area.
We typically update these maps every 4 to 6 months so that there is enough sales data per specific neighborhood or city to generate reliable statistical measures of median sales price and average dollar per square foot — but even then all such statistics are generalities, often fluctuate for other reasons besides changes in value, and should be considered approximate. How they pertain to any specific property is unknown without a custom comparative market analysis.
If you adjust your screen view to a 125% zoom, the maps will be that much easier to read. On Windows systems, pressing the Control and + keys simultaneously should do this quickly.
Median price is that price at which half the sales occurred for more and half for less. It may be and often is affected by other factors besides changes in value, such as seasonality; changes in financing conditions, buying patterns and available inventory; and changes in the distressed and luxury home segments .
Square footage is based on “livable space”, which may be measured in different ways, but should not include decks, patios, yards, garages, unfinished basements and attics, or rooms built without permit (“bonus rooms” and “in-law apartments”). Square footage figures are often unreported or unreliable. All median and average statistics should be considered approximations, and it is unknown how they apply to any specific property.
All data from sources deemed reliable but may contain errors and is subject to revision.
2013 Copyright Paragon Real Estate Group
