Ingleside Market Stats

What’s up with homes in the Ingleside neighborhood?

As you can see from the above chart, we’ve once again got a data set that doesn’t really tell us much on a year over year basis. Why? Because in November of 2011 there was one home that closed escrow, which means we have an incredibly small data set, so making useful comparison is a bit challenging. We can infer that the median size of homes sold in November 2012 was smaller than the one home that closed in November of 2011, but whether or not that is useful comes down to the specifics of that one home that sold in the Ingleside in November of 2011. Was the 2011 sale an outlier? A “typical” Ingleside home, or a sale of some sort (REO, short sale, tenant-occupied, exceptionally large or small for the neighborhood) that makes it a really bad point of comparison.

Has the median sales price on a price per square foot basis really jumped by over $200/square foot in just one year? According to the statistics, yes. But given our small 2011 data set, that’s a representation that I wouldn’t be comfortable making.

So, just like the Castro/Eureka Valley market stats that I picked apart earlier in the week, I would again say that the only relevant or useful number in this chart is the actual number of sales. So we can safely conclude that sales are up in the Ingleside neighborhood. What the chart doesn’t answer is why sales are up… have more sellers decided to sell? Have we cleared through REO/short sale inventory that was depressing the market and taking a long period of time to sell and returned to equity sales that go more quickly? Have homes that were previously tenant occupied been vacated and are being sold because of market improvements? They are all good questions…

If you’d like the specific house details of what sold in November of 2011 or 2012, just get in touch via an email or comment and I’m happy to share that information.

Balboa Park

Balboa Park in San Francisco has recently undergone a pretty extensive facelift, with a brand new playground and updated tennis court surfaces. The new playground joins an extensive list of recreational facilities already available at Balboa Park:

  • Balboa Park – open area for walking, dogs, etc.
  • Balboa Park Swimming Pool
  • Matthew J. Boxer Soccer Stadium
  • George Wolfman Ball Fields
  • Tennis Courts

San Francisco’s Balboa Park sits on the edge of several neighborhood districts, at least as defined by the board of Realtors. Mission Terrace is to the east of Balboa Park, immediately across San Jose Ave. Sunnyside is to the west, with San Francisco City College being almost immediately to the west of the park (on the other side of I-280), and The Ingleside is to the Southwest, across Ocean and Geneva Avenues.

Below is a photo gallery of images from not only the updated playground, but the entire Balboa Park, San Francisco recreational area. Click on any image below to enlarge it and start a slideshow.

I have to say that I think the neighborhoods near Balboa Park in San Francisco are some of the most under-appreciated and under-valued neighborhoods. The location is incredibly transit friendly, with easy access to:

  • Balboa Park BART station
  •  K, L, M, and J-Church muni streetcar lines
  • I-280 for commuters heading south

The neighborhoods consist primarily of single family homes, some detached but mostly not, and a sprinkling of small condo buildings here and there. The Whole Foods on Ocean Ave. recently opened up, and Ocean Ave. has additional restaurants, shops, and cafes as well. If you are looking for a single family home in San Francisco, you’d do well to consider any of the neighborhoods that border Balboa Park.

I hope you enjoy the photos and slideshow, and I always look forward to reading your comments.

Ocean Ave. Whole Foods Store Tour

Next Wednesday is the grand opening of the newest grocery store in San Francisco – the Ocean Avenue Whole Foods at 1150 Ocean Ave. in the Ingleside neighborhood of San Francisco. It’s on the ground floor of a recently built apartment building, near the recently renovated Ingleside branch library.

Whole Foods has been offering “behind the scenes” grocery store tours, and since we all know that I’m a sucker for Whole Foods, free stuff, and the chance to take a lot of pictures of anything, it was the perfect storm of opportunity. There were about 25 people on my tour today of the Ocean Ave. Whole Foods, which honestly surprised me. I understand that there are a lot of blogs out there and we all need content, but most of these folks actually looked like they lived in the neighborhood and weren’t writing blogs. Oh, wait a second…

The Whole Foods grocery store on Ocean is about 26,000 square feet, which makes it one of the bigger WF grocery stores in San Francisco. Our cruise director (who was not a perky blonde named Jennifer) didn’t know if it would be the Noe Valley or the Haight Ashbury Whole Foods store that wins the claim of smallest Whole Foods in the city, but she thought it was the Noe store. This Whole Foods felt similar in size (to me, at least) to the Potrero Hill location, but with higher ceilings, better light, and cell phone coverage throughout the store!

The layout is pretty much what you’d expect, with all the regular specialty departments including booze, meat, seafood, bakery, cheese, hot bar, sandwhiches, coffee, etc. The Ocean Avenue Whole Foods store is the first one in the city to use LED lighting for accents/spots, so that is kind of cool (in an energy efficient nerd kind of way). They have a pretty good bulk selection, and I learned that when purchasing from their bulk selection you can bring in your own container, have it weighed by any of the checkers (or customer service), and then fill it up with your bulk whatever. Much cooler than the plastic bags, even if the plastic bags are compostable.

No word about bike racks, but there is a garage underneath with parking for about 60 cars. The garage is – by far – the most spacious Whole Foods parking lot in town, with spots so large that they’d likely try and fit three cars into one of them at the Pacific Heights location.

It’s no surprise, but the Whole Foods on Ocean Ave. is an excellent addition to the neighborhood, and I hope the residents of Westwood Park, Ingleside, Ingleside Terraces and Balboa Park enjoy the heck out of it!

Enjoy the photos, click on any for a larger image and to start a slideshow.

Neighborhood Blog Roundup – April 23, 2012

Happy Monday morning everyone! What better way to start the week than to take a look at what the hot topics have been across the San Francisco neighborhood blogosphere.

I don’t doubt I’ve overlooked something phenomentally interesting, entertaining, or otherwise blog-worthy (but come on, Supervisor Mar in a hottub is pretty awesome). Leave a comment or shoot me an email with your favorite neighborhood blog!