Nationally, the Case-Shiller Index ticked down a tiny bit in November, but the SF Metro Area ticked up a tiny bit. Probably neither change is statistically relevant and we should simply say, according to C-S, that Bay Area prices remained flat month over month, and indeed have remained basically flat since the end of the […]
We boiled down the brand new 36-page SF Planning Dept. Pipeline Report – for both residential and commercial projects – into a “Highlights” report, and the PDF is attached. The bullet points are worth a browse. This first chart is straight from the city’s report. Almost 7000 residential units are currently under construction – including […]
Generally speaking, these charts apply to SF, Marin and San Mateo markets – those in which “high-price-tier” houses predominate (high-price-tier is the upper third of Bay Area house sales – the median house prices in all 3 counties are well above the threshold for the high-price tier in the Bay Area).
The Case-Shiller Index for the San Francisco Metro Area covers the house markets of 5 Bay Area counties, divided into 3 price tiers, each constituting one third of unit sales. Most of the San Francisco’s, Marin’s and San Mateo’s house sales are in the “high price tier”, so that is where we focus most of […]