Residential Real Estate

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Economy

The purpose of the Economy scorecard is to provide the public, elected officials, and City staff with a current snapshot of San Francisco’s economy. This scorecard presents timely information on economy-wide employment indicators, real estate and tourism.

The Residential Real Estate summary provides a view of two primary residential real estate indicators: home values and residential asking rent. The first chart shows the Zillow median home price index and annual percent change for this indicator, and the second chart shows the Zillow median rental price index. Data for both charts use the most inclusive market segments available: the home price index includes single family residences and condominiums regardless of bedroom count, and the rental price index also includes multi-family residences.

The last chart presents the number of units in newly permitted buildings. Both the residential asking rent and new building permits charts use calendar year quarters.

SF ZILLOW MEDIAN HOME VALUE

 

San Francisco home values in January 2017 increased by 0.8 percent since the prior month, December 2016, and increased by 1.0 percent since January 2016, the same period of the prior year.

SF ZILLOW MEDIAN RENT PRICE

 

Residential asking rent in 2016 Calendar Year Q4 (Oct 1 – December 31, 2016) decreased by 0.6 percent since the prior quarter (July 1 – September 30, 2016) and increased by 4.9 percent since 2015 Calendar Year Q3, the same period of the prior year. Comparisons to the prior period use seasonally adjusted data.

1802 UNITS WITH NEW PERMITS IN OCT - DEC 2016

 

Source

Data

Please click first on the chart above and then on the “Download” button in the bottom right corner of the visualization to view and download the data displayed in the chart.