Prism Group

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Price Appreciation Over 20 Years

The above chart shows the annual, compound, median-sales-price appreciation rate for San Francisco houses, by neighborhood, since 1994. Using 1994 median sales price and calculating appreciation through to the 2015 YTD median sales price shows you can see which neighborhood performed the best. (Return on cash investment percentages are higher, since that calculation starts with a 20%-of-median-price downpayment.) I performed the analysis for houses (SFDs) because house inventory has barely changed since 1994, thus it’s a pretty decent apples to apples comparison (even though a lot of renovation work has taken place since then). Condo prices have been greatly impacted by tens of thousands of new construction condos in the past 21 years, which would skew the calculations.

The sub-districts shown are those I felt had enough house sales in both 1994 and 2015 YTD to be statistically reliable (more or less). If you are interested in learning more or knowing why this is a great time to jump in to the market contact me today!