Twenty (20) months ago 2760 Sacramento #3 was purchased for $827,000. Two months ago it was listed for sale at $849,000. And three days ago it closed escrow with a contract price of $840,000 (1.1% under asking).
That’ a $13,000 gain in value since November 2005. In other words, a compound annual growth rate (or “appreciation”) of a little under 1.0% a year for this condominium in Pacific Heights.
∙ We’ve Almost Got A Line (Another Data Point At 2760 Sacramento) [SocketSite]
∙ But Isn’t The Median Sales Price Up? [SocketSite]