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For nothing more than a little fun, we thought it would be interesting to extrapolate some of the numbers we played with last week to predict what prices would be in ten years IF the rate of inflation and appreciation remained the same as it’s been over the last decade. So, with some very basic math, we averaged out the increase for single family homes, lofts/condos/TICs and Multi Unit buildings in five neighborhoods and applied it to a new neighborhood, Glen Park–2017. Not only do we doubt that the rate of appreciation will remain the same, but we hope with all our might that it doesn’t because not a damn soul will be able to afford a tank of gas let alone a modest house in Glen Park.

Glen Park
2007 2017

Average cost of a single family house $1,059,660 $3,274,349
 
Average cost of a cup of coffee $1.65 $2.73
 
Average cost of a Condo/Loft/TIC $833,878 $2,068,993
 
Average cost of a gallon of gas $3.25 $8.18
 
Average cost of a multi unit building $1,065,333 $3,123,467
     

Then Vs. Now [San Francisco Schtuff]

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This week we’re going down memory lane in five districts–to wrap things up nice and neat, our last district is Bernal Heights. We’re bringing it back to good old 1997 when Ben and Jerry’s introduced “Phish Food,” the world lost Notorious BIG, Bill Clinton was President and Mission Bay was nothing more than a place on the map.

We’ve been getting a lot of interest in the Then vs Now series we ran this week from our readers and other blogs (thanks theFrontSteps, CurbedSF, Redfin) and we’re glad you likey. Now, speak up, leave comments, thoughts or questions–we’d love to hear your voice! Next week we’ll be putting the data together to do some head-to-head comparisons; gitty up…

Bernal Heights
1997 2007
 
Average cost of a single family house $269,001 $893,133
 
Average cost of a Apple Mac pro $1,500 $2,200

 
Average cost of a Condo/Loft/TIC $246,505 $572,192

 
Average cost of public university tuition $3,000 $6,000
 
Average cost of a multi unit building $330,771 $975,650
 

Then vs Now [San Francisco Schtuff]

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This week we’re going down memory lane in five districts–now up, NoPa. We’re bringing it back to good old 1997 when Ben and Jerry’s introduced “Phish Food,” the world lost Notorious BIG, Bill Clinton was President and Mission Bay was nothing more than a place on the map.

NoPa 1997 2007
 
Average cost of a single family house $442,045 $1,268,000
 
Average cost of a Honda Accord EX $20,000 $26,000

 
Average cost of a Condo/Loft/TIC $260,935 $729,992

 
Average rent of a 2 bed apartment $900 $2,100
 
Average cost of a multi unit building $438,146 $1,378,891

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This week we’re going down memory lane in five districts–now up, Noe Valley. We’re bringing it back to good old 1997 when Ben and Jerry’s introduced “Phish Food,” the world lost Notorious BIG, Bill Clinton was President and Mission Bay was nothing more than a place on the map.

Noe Valley
1997 2007
 
Average cost of a single family house $458,985 $1,503,412
 
Average cost of a movie ticket $4.25 $8.50

 
Average cost of a Condo/Loft/TIC $356,787 $845,745

 
Average cost of a dozen eggs $1.25 $3.25
 
Average cost of a multi unit building $482,134 $1,457,000

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This week we’re going down memory lane in five districts–now up, Pacific Heights. We’re bringing it back to good old 1997 when Ben and Jerry’s introduced “Phish Food,” the world lost Notorious BIG, Bill Clinton was President and Mission Bay was nothing more than a place on the map.

Pacific Heights 1997 2007
 
Average cost of a single family house $1,706,000 $5,022,000
 
Average cost of a USPS stamp $0.32 $0.41

 
Average cost of a Condo/Loft/TIC $487,294 $1,242,000

 
Average cost of a gallon of milk $2.49 $3.99
 
Average cost of a multi unit building $1,060,000 $2,328,000

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This week we’re going down memory lane in five districts–up first, Potrero Hill. We’re bringing it back to good old 1997 when Ben and Jerry’s introduced “phish food,” the world lost Notorious BIG, Bill Clinton was President and Mission Bay was nothing more than a place on the map.

Potrero Hill
1997 2007

Average cost of a single family house $352,000 $1,083,000
 
Average cost of a cup of coffee $1.00 $1.65
 
Average cost of a Condo/Loft/TIC $311,000 $742,000
 
Average cost of a gallon of gas $1.29 $3.25
 
Average cost of a multi unit building $412,000 $1,385,000
     

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