They looked at every home that was sold in the years 2003 and 2013, then compared the median sale prices, adjusting the 2003 prices for inflation.
What they found from comparing the more than 6,000 transactions completed in San Francisco in 2003, and the 8,000 done in 2013, was that prices are indeed on the rise in most parts of the city.
"It's a very hot, hot market, and this really underscores everything else everyone is talking about in San Francisco," Jorisch said. "Whether it's the rental market or sales market, there's not much available in San Francisco, and if you're intending to live there, it's costly. It's the best example of supply and demand out there."
Property Shark did some investigatin' and found that what they're saying about SF is true. Prices and rents be soaring!
My Property Beat Radio Interview! Secret Tips For Buyers in SF, Where's Market Headed & Whats 'Price to Entice' About?
Zumper crunched their numbers and found the rental increases weren't city wide since January 2013! Marina, SOMA, Dogpatch, Bernal Heights saw highest gains. But some places went down, contrary to popular belief.
Walkscore.com Ranks San Francisco As 2nd Best City to Live Car-Free After NYC (But Just By 1 Point! We Catching Up!)
Modern Luxury breaks down the cheapest and priciest rents around San Francisco: "According to a simple linear regression we ran, for every mile that you move away from San Francisco, you save $17 a month on rent."
Affordability & Proximity to SF & Silicon Valley Catapult Alameda County to Top of Migration Rankings!
When Tech Companies Rename Downtown San Francisco as #CloudCorridor, It's Cool. When Realtors Rename Area, They Are Slammed! WTH?
When realtors rename a neighborhood, all hell breaks loose! (ie, check out this scathing Bold Italic article about NOBE in Oakland) But when tech companies do it, they get praised to high heaven! What's up with that?! BuzzFeed has more.
I was so flattered when Jeff Elder (San Francisco Chronicle's social media guy) approached me: They wanted to feature my image! SFgate.com started a new Instagram gallery #HowSFseesSF: "An SFGate project letting San Franciscans capture The City their way."
Over 3,000 pics posted & they picked just 30, including mine! OK, guys, this has given me the courage to greenlight a project I'm secretly working on. Stay tuned! Meanwhile, follow me on Instagram.com/hermanity PLZ!