Wild and Crazy Facts about San Francisco Bay Real Estate
And now a break from charts and graphs. Here are some fun facts about the San Francisco Real Estate.
#1) Population
In the 2010 Census data, 805,235 people were recorded as living in San Francisco.
#2) Facts about Wealth
The San Francisco Bay Area enjoys a lot of affluence; in fact, Marin County has the highest income per capita in California, with San Mateo and San Francisco 2nd and 3rd. Other areas within the Metro region also made the list, which you can see here.
#3) Most Expensive Current MLS Listing
Based on #1, no one should be surprised to find so many multimillion dollar listings in this city. However, the most expensive MLS lising, 2901 Broadway, a $45,000,000 mansion, still creates sticker shock.
#4) Least Expensive Current MLS Listing
Meanwhile, the least expensive listing is right in line with the national median price for a home. 900 Gilman is a “below-market-rate” townhouse for $199,000.
#5) Home-Ownership Rate
SF is a renter’s city. Only 37.9% of people living in the city also own there.
#6) Median Income and Median Home Price
Here we see the biggest disconnect. Median reported income for 2009 was just a touch over $70K. Yet the median list price for a home in SF is currently close to $620K. That brings us back to #5.
#7) (Just for fun) Crookest Streets
Vermont and Lombard (Lombard being the more famous, with the tourist beloved view of its twists and turns from Coit Tower.
#8) Tourist Desitination
Because of such sights as #7, as well as the Golden Gate Bridge, historic neighborhoods, huge parks and ocean, steep topography, gorgeous views, art/music/food/theater galore, SF is a tourist haven, ranked 33rd out of the 100 most visited cities worldwide.
#9) World Class City
With many industries other than tourism (such as heathcare, tech, food, and banking) San Francisco ranks eighteenth in the world’s top producing cities.
#10) Spicy History
San Francisco’s allure comes as much from its checkered past as it does from its physical beauty and cosmopolitan atmosphere. According to Wikipedia, in 1776 colonists from Spain established a fort at the Golden Gate and a mission named for Francis of Assisi on the site.[16] The California Gold Rush of 1849 propelled the city into a period of rapid growth, increasing the population in one year from 1,000 to 25,000,[17] and thus transforming it into the largest city on the West Coast at the time. After three-quarters of the city was destroyed by the 1906 earthquake and fire,[18] San Francisco was quickly rebuilt, hosting the Panama-Pacific International Exposition nine years later. During World War II, San Francisco was the port of embarkation for service members shipping out to the Pacific Theater.[19] After the war, the confluence of returning servicemen, massive immigration, liberalizing attitudes, and other factors led to the Summer of Love and the gay rights movement, cementing San Francisco as a center of liberal activism in the United States.