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Is There a Correlation Between Weather and Prices in San Francisco May 4th, 2008

Our business development guru loves to sift through statistics. Here is some information he found about prices going up and down in certain neighborhoods.  The District numbers he refers to come from our Board of Realtors Map.

District 5 reached a new high in median home price in March 2008: $1,125,000Districts 3 & 10 posted their lowest median sales prices in the past 2 years–District 3 is down $123,000 from its median in 3/06; its median sales price is now $566,000

District 10 is down $135,000 from its median in 3/06; its median sales price is now $550,000

Generally speaking, District 5 is Glen Park, Noe, Haight Ashbury, Upper Market Neighborhoods, and Mission Dolores.  These are some of the City’s sunniest neighborhoods.

District 3 combines more expensive neighborhoods with sketchier ones– like tony Lakeshore (as in Lake Merced) and Pine Lake Park (near cute part of Ocean Avenue between 19th and Junipero Serra). Some lower-end locales in District 3 are Oceanview and Ingleside Heights– please keep in mind that in any edgy neighborhood you get the good mixed up with the bad. I know solid folks who have lived in these areas for many years on quiet tidy blocks with neighbors that truly care about their homes. Alas, these neighborhoods tend to be in fog belts.

District 10 neighborhoods swing towards the Daly City border. They are: Bayview, Crocker Amazon (which has some lovely architecture and tree-lined streets), Excelsior, Outer Mission, Visitacion Valley, Portola (some great views here), Silver Terrace, Mission Terrace (which also has some nice curved blocks and 1920s-30s architecture), and Hunters Point.  These neighborhoods are a mix of sun and fog– Bayview tends to be quite sunny, and Silver and Mission Terrace can be more socked in.

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