Dear Friends and Neighbors –
So far at least, 2021 seems filled with promise and fresh reasons to hope that things will get better as the New Year continues to get underway. We hope that you and your loved ones have been able to remain safe and healthy and share in the excitement that a better future appears on its way.
As hope rebounds, so has our market. For so many who have sat tight these past months (year!!), » Read more about: San Francisco Real Estate in 2020 »
SF house and condo markets have been affected differently by the pandemic. This report attempts a deeper dive into the data across the city and within different city districts.
The market typically starts a big slowdown in mid-November, running through the mid-winter holidays, until it begins to wake up in mid-January. High-price segments normally see the most dramatic plunges in mid-winter activity.
This year, the pandemic upended seasonality: Spring, usually the strongest selling season, saw a crash in activity; » Read more about: San Francisco House & Condo Markets Diverge – November 2020 Report »
The table below compares Q3 statistics across 5 years. Since the dynamics of the SF house and condo markets have significantly diverged since the pandemic struck – the condo market has been weaker – we broke some of the 2020 stats out separately in the table, and then in some of the charts following.
The inventory of condo listings on the market has been soaring, and price reductions are heavily concentrated in the condo market. » Read more about: Let’s be real: SF Real Estate Update »
Here we are over a month working from home and while we are still operating under a stay-in-place mode, our market is showing signs of activity with new listings being prepped for virtual showings and buyers anxious to check out the new inventory. The following charts will provide update info on the Coronavirus Bay Area Effects on Market Supply & Demand Dynamics. As we move further towards May, we will update you again with current market conditions as meaningful data is available. » Read more about: Bay Area Real Estate & the Coronavirus Effects on Market Supply & Demand Dynamics April 2020 Report »
Hello Friends and Neighbors!
We hope this finds you and your loved ones healthy and safe during these challenging times.
As you shelter-in-place, we thought you might be wondering how our Bay Area real estate market is reacting. Our April San Francisco Market Update is presented below for your review, and we will send out a separate Bay Area Market Update soon. We will continue to keep you informed on our local market. » Read more about: San Francisco Real Estate & the Coronavirus April 2020 Report »
Happy New Year 2020!
Let’s Welcome This New Decade of The Twenties!
Here’s a recap of 2019 and prior trends for our San Francisco Market.
We’re excited about this year and look forward to assisting you and anyone you know with any real estate questions or needs.
Wishing you much happiness and success in 2020.
RicRoc & Callista
Generally speaking, » Read more about: San Francisco Real Estate January 2020 Report »
Long-Term Median House Sales Price Trends – Alameda County. Using a six-month-rolling average of Alameda County monthly median sales prices smooths out monthly fluctuations to illustrate broad, long-term appreciation trends with more clarity. The greater Oakland-Berkeley Inner East Bay region has been out-performing Alameda County in the last year or so – with prices ticking …
Continue reading “The Greater Oakland-Berkeley Region November 2019 Report”
Greetings and Happy Autumn. The California Association of Realtors just released its Q3 Housing Affordability Index. Let’s take a look at the Attached compilation of custom charts summarizing the CAR data.
Any questions or needs, let us know.
RicRoc & Callista
Using six-month-rolling figures for monthly median sales prices smooths out the often meaningless monthly fluctuations to illustrate broad, long-term appreciation trends with more clarity.
Home Sales Volume by Month
A crystal clear illustration of the role of seasonality in the SF real estate market. » Read more about: San Francisco Real Estate November 2019 Report »
Updated Market & Census Statistics, Home Prices & Appreciation Rates, Luxury Home Sales, Price Reductions, Employment & Interest Rates.
It will be another month before hard data on the autumn selling season begins to become available. In the meantime, below is a review of market trends and statistics through the third quarter. Note that September sales data mostly reflects market activity in August, a historically slow month.
Year-over-Year Q3 Comparisons – Q3 2016 – Q3 2019
Looking back over the Q3 statistics in the past 4 years, » Read more about: San Francisco Neighborhood Home Prices, Market Trends »