Market Leaders Profile: San Francisco

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Data and information on the San Francisco remodeling market

October 01, 2009

Population: 4,274,531 (3.7 percent increase since 2000)

Existing home sales: Q2 2009 sales were up 17.9 percent from 2008 and up 41.6 percent from Q1

Home prices

• Down 22 percent from 2008

• Down 42.9 percent from May 2006 local peak

• Down 27.3 percent over last 5 years

• Up 34.8 percent over last decade

Homeownership rate: 56.2 percent (No. 71 among major metros)

Median household income: $72,059

Local unemployment rate: 10.5 percent (up from 6 percent in 2008)

Sources: DataQuick Information Systems, S&P/Case Shiller Home Price Index, U.S. Bureau of Labor Statistics, U.S. Census Bureau 


Early Signs of Recovery in Bay Area 

The Corner Office: Harrell Remodeling

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