Residential Real Estate
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
SF ZILLOW MEDIAN RENT PRICE
Residential asking rent in 2017 Calendar Year Q1 (January 1 – March 31, 2016) decreased by 1.9 percent since the prior quarter (October 1 – December 31, 2016) and decreased by 4.4 percent since 2016 Calendar Year Q1, the same period of the prior year. Comparisons to the prior period use seasonally adjusted data.
548 UNITS WITH NEW PERMITS IN JAN - MARCH 2017
- Zillow Home Value Index: Zillow Real Estate (All Homes - SFR, Condo/Co-op; San Francisco County)
- Zillow Rent Index (Quarterly Average): Zillow Real Estate (All Homes - Multifamily, SFR, Condo/Co-op; San Francisco County)
- Number of Units in Buildings with New Permits: United States Department of Housing and Urban Development
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.