condo appreciation stats

April 17th, 2008 at 4:53 PM by Leslie Bauer, San Francisco REALTOR

Median Sales Price Appreciation of 2 Bedroom Condominiums
in Selected San Francisco Neighborhoods*

Neighborhood	Median Price 1/1-6/30/94	Median Price 1/1-6/30/99	Median Price 1/1-6/30/04	Median Price 9/24/07-3/24/08	Appreciation since 1994
Pacific Heights	$ 325,000	$ 577,500	$ 800,000	$ 1,011,500	211%
Marina	315,000	571,000	977,500	1,262,000	300%
Russian Hill	400,000	615,000	976,000	1,280,000	220%
Nob Hill	525,000	552,500	740,000	850,000	62%
Noe Valley	235,250	575,000	731,500	888,500	278%
Castro/Eureka Valley	224,000	435,000	795,000	840,000	275%
Potrero Hill	198,000	407,500	591,000	786,000	296%
Inner Richmond	240,000	400,000	565,000	774,500	223%
South Beach	195,000**	556,300	802,000	1,120,000	474%**
SOMA	258,500	444,500	606,000	787,000	204%
Inner Mission	N/A	327,000	585,000	732,000	N/A
Hayes Valley	207,500	365,000	610,000	795,000	284%

* Includes the sales of condominiums, lofts and stock cooperative apartments.
** Only one 2 BR condo sale occurred in South Beach in the first 6 months of 1994, which may skew the appreciation calculation.

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