Checking Out Q1 House Averages
Posted by insidesfre on April 7, 2009
With volumes and prices down, the first quarter of the year opened with a whimper. Buyers were reluctant to make purchase decisions, and sellers held back from putting their homes on the market.
Most neighborhood averages were below $1M. That just supports my theory that the most popular price range continues to be $400,000-$900,000. Here’s a look at how single-family homes fared in a variety of neighborhoods:
Inner Richmond
# Sold: 2
Avge Price: $860,000
Inner Sunset
# Sold: 4
Avge Price: $793,200
Parkside
# Sold: 11
Avge Price: $719,000
Ingleside/I. Heights
# Sold: 14
Avge Price: $445,279
Miraloma Park
# Sold: 8
Avge Price: $831,375
Sunnyside
# Sold: 9
Avge Price: $684,333
Noe Valley
# Sold: 19
Avge Price: $1,291,605
Glen Park
# Sold: 8
Avge Price: $941,625
Corona Heights
# Sold: 2
Avge Price: $1,145,000
Pacific Heights
# Sold: 3
Avge Price: $3,524,500
The Mission
# Sold: 2
Avge Price: $592,625
Bernal Heights
# Sold: 11
Avge Price: $710,455
Potrero Hill
# Sold: 6
Avge Price: $952,333
The Excelsior
# Sold: 18
Avge Price: $529,411
Stop in tomorrow for a look at condo averages!
