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Monthly Archives: February 2009
January Data Sings the Blues
Here’s the latest sales data broken down by MLS District. Full reports are available here under the Market Trends Tab and are well worth a look. Median and Average prices are down substantially year over year for single family homes … Continue reading
On the Economic Front, A Rare Voice of Optimism
It’s hard to find much cause for hope these days. The headlines tell us every day about tectonic shifts in our economic landscape. We read about layoffs spiraling into the millions, major institutions crumbling, government bail-outs of unprecedented proportion. Just … Continue reading
DOM Roll Please
A couple of posts ago, we dispensed with Absorption Rate as a good barometer of the market since there appeared to be no correlation between how much inventory was available in relation to sales rates and where median prices were … Continue reading
…And what $850,000 buys in Noe Valley
4317 24th Street @ Douglass originally listed back in October for a cool $995,000. It’s advertised as a 4 BR/2.5 BA. (Ahem. This is a fixer folks.) Interesting to note that 4209 24th Street, just a block away and very … Continue reading
What $2.1 million buys in Noe Valley
Out on brokers’ tour yesterday, I looked in on two homes available in my Noe Valley neighborhood, priced within $2,000 of each other. 731 Douglass (at 24th Street) sold in March 2005 for $1.944 million and a mere $29o,000 in … Continue reading
Absorption R.I.P.
After talking to people about my last post on Absorption Rates and the lack of a correlation between slower absorption and lower median prices (or faster absorption and higher prices), I got the impression that there was some curiosity — … Continue reading