SF Transportation Statistics

We ran across the annual fact sheet published by the SFMTA and thought it interesting enough to justify a few charts. This data came from the November 2012 fact sheet. As context for the numbers, the population of the city is about 807,000 and the physical area is about 48 square miles.

Our favorite fact learned from the MTA report is that there is a specific citation for “driving through a parade” — hopefully performed very slowly and carefully. And we suppose a terrific number of unmanned cars must be rolling down our hills like golf balls, because there were 65,000 tickets issued for not curbing one’s wheels on an incline.

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Case-Shiller Home Price Index Up Again in May

Note: Case-Shiller Home Price Indices for “San Francisco” are for a 5-county area, of which the city’s housing market is a very small part. Since they are published 2 months after the month of the Index, are 3-month rolling averages, and the time between offer acceptance and closed sale typically runs 4-8 weeks, Case-Shiller is generally 3-6 months behind the market itself, i.e. when offers are being negotiated in the present. Case-Shiller publishes 4 main indices for SF Metro Area houses: an aggregate index for all price ranges, and then one index for each third of unit sales – low price, middle price and high price tiers.

The aggregate C-S Index for the SF Metro Area is up approximately 30% – 34% from its low point, but is still approximately 20% below its peak in 2006. Please note that for a drop of 30% to be recouped, the increase must be about 43%.

When the market fell from its peak in 2006-early 2008 (different areas and different market segments peaked at different times), the scale of the decline varied widely, mostly by price point. With the recovery that began in 2012 and has accelerated in 2013, the magnitude of the price recovery, as compared to previous peak values, has also varied by price point and area.

The lowest price range (terribly affected by foreclosures and distressed sales) fell most dramatically – an approximate 60% decline from its peak. It is now recovering dramatically on a percentage basis – up 38% from its low point – but is still way below its 2006 peak. It simply has much more loss to make up.

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The upper price range (the top third of unit sales) in the 5-county metro area fell much less than the 2 lower price tiers (low and middle) during the bubble pop. On a percentage basis, it’s increase from its low point – about 25% — is not as great as for the lowest price tier, but is now getting close again to its previous peak value. In the city of San Francisco itself, many neighborhoods have now reached or surpassed previous peak values reached in 2007-2008.

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This chart below illustrates the short-term monthly changes in the C-S high tier price index: the recovery in 2012 accelerating in 2013. May’s reading jumped 3.7% from April’s.

Case-Shiller_High-Tier_2011

And then looking just at the city of San Francisco itself, which has, generally speaking, among the highest home prices in the 5-county metro area: many of its neighborhoods are now blowing past previous peak values. Note that this chart has more recent price appreciation data than available in the Case-Shiller Indices and that the rate of appreciation accelerated in the March-May timeframe. Note that median sales prices and C-S Index numbers do not correlate exactly.

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Nihonmachi Street Fair – August 3-4, 2013

Founded in 1973, the Nihonmachi Street Fair was hatched as an idea to provide leadership and mentorship opportunities for the youth of J-Town and to honor the cultural heritage that was, at the time, at risk of being displaced. Since then the annual event has grown from a four-booth affair to a two-day event expected to draw over 30,000 guests.

What makes this street fair a uniquely San Francisco event is the broader cultural context participants can experience in addition to traditional Asian-Pacific influences. The Nihonmachi Street Fair organizers have a long history of including local entertainment that has spanned genres from Taiko to hip-hop to salsa, rock and jazz. Also included in the festivities are Children’s World, Doggie World, Asian artisans and the Food Fest.

August 3rd and 4th from 11:00 AM to 6:00 PM PST
Japantown, San Francisco, located on Post Street between Laguna and Fillmore Streets
Admission is free.

For more information go to www.nihonmachistreetfair.org/

From our NorCal network : The Artisan Group

1520903

14235 SORREL LANE
Reno, NV 89511
Offered at $1,245,000

For more information about this property or a referral to other areas of Northern California, please contact me.

Updated Bay Area Home Value Map

Median prices almost always conceal large disparities in the prices of the underlying individual sales – this is particularly true for larger cities: in San Francisco for example, median house prices by neighborhood range from $465,000 to $4,000,000, and there will be similar disparities in Oakland and San Jose. But median prices can be valuable to show appreciation trends, and to some degree, to compare general home values between different areas. The last quarter was a period of rapid price appreciation virtually everywhere on this map.

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Is the Market Cooling? Let’s look at the weekly charts.

It’s typical for the market to slow down during the summer months (not as bad as the Thanksgiving to New Year slow down but still a slow-down). However, looking at the Weekly Charts below, statistically there is little sign of a cooling market – which doesn’t mean that it might not be: these supply and demand statistics won’t change if a listing gets 3-5 offers instead of 10-20 as long as it goes into contract. But even if it is cooling – which is not a certainty – it would still be a very-high-demand/very-low-supply market by any historical measure.

When a market is this strong, it’s not unusual for demand to keep up through the third week of August. Some listing agents believe late July/August is a better time to list – with inventory so low – than after Labor Day, when new listings surge again and there’s more competition. Other agents always wait til September.

These weekly market charts are for SFD and Condo listings only.

The number of Active Listings has been falling since summer began and is now at a level roughly comparable with February; it’s about equal to the number available last year at this time. It’s not unusual for inventory to continue to drop as the summer progresses — until that turns around after Labor Day. September is usually the month of the year with the highest number of new listings.

7-21-13_FS_SFD-Condo

The number of New Listings coming on the market has been falling from the spring “burst”, but new listings in the last 3 weeks are about 13% higher than the same period last year – which is a positive sign.

Blue Columns = Number of Listings Accepting Offers;
Red Columns = Number of New Listings Coming on Market

Over the past 5 weeks, new inventory is still being gobbled up as fast (actually faster) than it is coming on market:

7-21-13_New-vs-UC_Listings

Percentage of Listings Accepting Offers: Except for the slight (typical) decline in the 4th of July week (you see the same thing in the Memorial Day week), the percentages have continued to be very high, similar to the percentages we’ve seen since mid-February (which has been a red-hot demand period). Two years ago, the percentages ran 6% – 7%; now they’re twice that.

7-21-13_SFD-Condo_Percentage-UC

San Francisco Victorian & Edwardian Architecture

Victorian & Edwardian Architecture in San Francisco
An Illustrated Overview

One of the great charms of San Francisco is the wonderful variety of architectural styles that grace our streets – it’s not unusual to see half dozen distinct types of architecture on a single block. Here is a brief overview of the Victorian and Edwardian eras of home architecture with which the city is perhaps most identified – though, of course, many beautiful homes and buildings have been built since that era, and continue to be built.

The text, chart and photos are all courtesy and permission of the San Francisco architect James Dixon: James Dixon Website. We are most grateful for his generosity in allowing us to use them.

1Victorian-Edwardian Timeline
This is a fascinating timeline of the different styles of architecture that will be discussed in this piece, created by Architect James Dixon. It can be a little difficult to read, but is easier to decipher if you adjust your screen-view zoom larger. It can also be found online at James Dixon’s website.

2Gothic Revival: 1840 – 1890
The publication of Cottage Residences by Andrew Jackson Downing in 1842 became the spur for the Gothic Revival style in America. The residential offshoot, called Carpenter Gothic, used wood rather than stone and eschewed gargoyles and stained glass in favor of simpler ornament. Although some of the more extravagant homes may qualify as Gothic Revival, most can safely be called Carpenter Gothic. Characteristics of this style include pointed arches over doors and windows; steeply pitched roofs: turrets, pinnacles, crenellations; and leaded glass windows.

3Victorian Italianate: 1850 – 1890
In 1850, Andrew Jackson Downing published The Architecture of Country Houses. which popularized a new style: Italianate. The house at 807 Franklin is an elaborate example of the style, exhibiting many of the hallmark characteristics: quions along the edges; tall, narrow windows with rounded tops, porch portico, a slanted bay window, classical columns and pilasters, as well as the look of a building that should be made out of stone.
Additional Photos
 
 
 
4Victorian Stick: 1860 – 1890
These houses have long, thin pieces of wood, called “sticks,” applied to their surface, especially at corners. These sticks are meant to be both decorative and expressive of the underlying wood framed structure. In the 1870s these decorative elements became exceedingly numerous and elaborate. Homes in this new vein were called Stick Eastlake, which is actually a misnomer since Charles Eastlake, from whom the name derives, abhorred excessive ornamentation. San Francisco has the greatest concentration of Stick and Stick Eastlake style homes in the world.
More Photos
 
5Queen Anne: 1880 – 1910
The Queen Anne style came after many Victorian styles and it is not uncommon to see elements of preceding styles in one house. Two things make it easy to identify a Queen Anne: plasticity (“in-ness and out-ness”) and a continuous gable roof that is expressed at the street. Some houses that began as Italianate or Stick became Queen Anne after a remodel, and there are also some that are all three styles at once. The Victorians dreaded the vacant surface, everything was decorated. Characteristics include multi-textured facade; steeply pitched roof with gable front; conical, corner tower; cutaway bay windows; bands of ornament; and stained glass
More Photos

6Arts & Crafts: 1890 – 1910
Inspired by John Ruskin and William Morris, the Arts & Crafts movement started in England in the 1860s and started to influence American architecture around 1890. The movement advocated the use of locally sourced natural materials, pride in craftsmanship, and emulation of medieval design. Common characteristics include doorways and windows dressed with stone and brick; projecting eaves; intricate joinery; leaded-glass windows and square chimneys; Gothic ornaments and Tudor half-timbering
More Photos

8Shingle: 1880 – 1910
Ubiquitous shingle cladding is the defining feature of the Shingle Style. These houses vary widely in composition and historical affiliation, but are still readily identifiable as Shingle style. They minimized decorative elements due to the influence of the Arts and Crafts Style and aimed for informality and rusticity. These homes are a reaction to the design excesses of the Victorian period. San Francisco has many excellent examples of the Shingle style by some the best architects of that time: Bernard Maybeck, Ernest Coxhead, Julia Morgan, Willis Polk.
More Photos

9Tudor Revival: 1890 – 1940
Evocative of country homes from medieval England, Tudor Revival houses stand out in the urban context of San Francisco. This style is based on the principles of the Arts and Crafts movement, which advocated a return to medieval building types and design. Characteristics include steeply pitched roof; decorative half-timbering; prominent cross-gables; mix of brick or stone with stucco or wood; and grouped, leaded windows with small panes.
Another Example of Tudor Revival

 
 
13Mission Revival: 1890 – 1920
All you need to do to identify a building in this style is look up. They always have a Mission-shaped parapet or window dormer, from which the name of the style derives. Although the Mission Revival style began around 1890, it did not become common until the start of the Edwardian period. San Francisco is no exception to the rule. Most of the Mission Revival homes and buildings were built after 1901.
More Examples

Craftsman_1Edwardian Craftsman: 1900 – 1930
In 1901, Gustav Stickley started a magazine called The Craftsman, for which the style is named. The magazine and some pioneering works by the Greene brothers quickly spread the style around the nation. Both Stickley and the Greene brothers were heavily influenced by the English Arts & Crafts movement. Craftsman homes tend to emphasize the horizontal, as in the bands of windows on the facades of these SF houses. Other characteristics include the use of native, natural construction materials; projecting eaves and exposed rafter ends; and casement windows, often with art glass.
Another Example

Spanish-Edwardian_1Spanish Eclectic & Revival
Spanish Revival homes look like they belong in Spain, while Spanish Colonial buildings are less refined and look like they belong in a Spanish colony. These homes freely mix elements of Spanish Revival, Spanish Colonial, and Mission Revival. Mediterranean Revival is another freely-mixed style that was popular with San Francisco builders. Thousands of Spanish Eclectic and Mediterranean Revival homes were built in the Marina District and Sunset. Characteristics include a low-pitched roof with little or no overhang; red roof tile; arches over front door and most prominent window; stucco walls; and the large bow front window over a garage.
Another Example

This link goes to architect James Dixon’s complete overview, which was the basis for this article. It features short videos on each of the different Victorian and Edwardian styles mentioned above. Also included is a link to his overview of subsequent styles of San Francisco architecture:

James Dixon on San Francisco Victorian and Edwardian Architecture

James Dixon on San Francisco Architecture 1920 to Present

And for those who find San Francisco history as interesting as we do, here are two other websites we’ve discovered filled with fascinating stories and photographs:

FoundSF: History, Stories & Images

OldSF: San Francisco Photos, 1850 – 2000

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Charts: Hayes Valley-NoPa; Richmond District; Inner Mission

Hayes Valley, NoPa, Alamo Square Condos

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Inner & Central Richmond Houses

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Richmond District Condos

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Inner Mission Condos

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Updated: St. Francis Wood, Midtown Terr, Miraloma Park

St. Francis Wood Houses

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Midtown Terrace Houses

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Miraloma Park Houses

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