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Rob La Eace

A Native San Francisco Perspective On Real Estate

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San Francisco and Bay Area Real Estate Market Snapshots

July 1, 2013 by Rob La Eace

In real estate news, our market continues to push upward, with the recent raise in rates seemingly having no effect. Here are two interesting graphs. The first is based on the Case-Shiller Index for the Five Bay Area Counties. The second is extracted from SF MLS data and is solely for San Francisco.

CS5county

San Francisco has, generally speaking, been among the highest home value regions in the Five County Metro Area. Many of its neighborhoods are now blowing past previous peak values. Note that this chart has more recent price appreciation data than available in the Case-Shiller Indices and that the rate of appreciation accelerated in the March-May time frame(The Shiller chart only goes through April). The S.F. chart is also for both houses and condos combined, when the C-S charts used above are for house sales only.

csSanFranciscoONLY

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Rob La Eace
It’s a rare thing these days to meet a San Francisco native. Someone who knows the streets as well as he knows his name.

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