Low, High & Median Sales Prices & Average Dollar per Square Foot
SF MLS Home Sales: February 15, 2010 – August 15, 2010
Median Sales Price is that price at which half the properties sold for more and half for less. It may be affected by “unusual” events in any particular period or by changes in buying trends, as well as by changes in market values.
Dollar per Square Foot ($/sq.ft.) is based upon the home’s interior living space and does not include garages, unfinished attics and basements, rooms and apartments built without permit, decks, patios or yards (all of which can still add significant value). These figures are usually derived from appraisals or tax records, but can be unreliable or unreported altogether. (Out of every 10 sales, perhaps 6 – 8 gave square footage, from which the average is calculated.) In the charts below, neighborhoods are listed in order of median sales price. A price followed by a “k” references thousands of dollars; if followed by an “m”, it signifies millions. “REO” refers to the sale of bank-owned properties, typically pursuant to foreclosure.