Actually, the 30% figure is misquoted above (as is the 9% figure). Below are the Details pasted from the web site above (source:
http://www.sfgate.com).
The price per sq ft was DOWN 30.4%. The median sales price was UP 5.9%.
ZIP 94301
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July 15-Oct. 15 sales (2007) 42
July 15-Oct. 15 sales (2008) 21
Year-over-year change -50.0%
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July 15-Oct. 15 median price (2007) $1,299,000
July 15-Oct. 15 median price (2008) $1,375,000
Year-over-year change 5.9%
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July 15-Oct. 15 median price/sqft (2007) $1,052
July 15-Oct. 15 median price/sqft (2008) $733
Year-over-year change -30.4%
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Jan.-Sept. 2008 foreclosures 1
Foreclosures per 1000 homes 0
- Sun Nov 9 2008, 15:06