As 2013 draws to a close Paragon Real Estate has put out their annual analysis of City homes sales categorized by neighborhood. No surprise to anyone The Castro --according to the plethora of info laid out here in detailed, nerdtastic charts and graphs-- ranks in the top half to top third of 'most expensive' spots to try to buy within SFs 7 mile x 7 mile footprint.
Paragon amassed sales information under a wide variety of headings and then ranked much of that data according to geographical locations. This comprehensive look at the City's ebb and flow of the housing market reveals what most of us already knew: the City has continued its tech driven, meteoric rise and become the most expensive place in the US to call home.
Other interesting points that jumped out:
-Via SF Curbed
- Citywide there was only 44 Below Market Rate (BMR) units sold for the entire year. Not good news for the middle class and working poor who're clinging by a thread to stay in the City.
- Median price of a 2-bedroom condo with parking sold in the Castro/Eureka Valley: $1.06 Million
- 509 homes sold for less than $500,000. That comprises less than 10% of all Citywide sales.
- Bank repos of homes were down 62% overall from 2012.