One of the big factors in SF house price appreciation since 2012 has been that fewer house owners are selling (dark green portion of chart below). If demand increases, but supply drops, that puts upward pressure on prices. Overall, house prices have out-appreciated condos over the past 7 years due to 2 factors: All the new condo construction and the fact that condo owners sell their homes more often than house owners. Both those factors increase supply to help meet increased demand.
San Francisco Home Prices by Neighborhood
Below are just two of the tables in our much longer analysis of home prices by property type and bedroom count for every neighborhood in the city. If you’d like the complete report, contact your Compass agent.
San Francisco Luxury Home Markets by District
Economic Factors Affecting Real Estate Markets
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