Property Shark did some investigatin' and found that what they're saying about SF is true. Prices and rents be soaring!
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."
